Avancen

Mount Pleasant, United States Founded: 2007 • Age: 19 yrs
Medication management devices are supplied to hospitals and patients.
Annual revenue - Latest available
Total funding $2.2M 2 rounds
Employees - Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Avancen

Avancen is a company based in Mount Pleasant (United States) founded in 2007. Avancen has raised $2.21 million across 2 funding rounds. Avancen offers products and services including MOD System, MOD PCA, and MOD Trac Reporting System. Avancen operates in a competitive market with competitors including Avanos, TruMed Systems, Soovu, Sensidose and INRange Systems, among others.

  • Headquarter Mount Pleasant, United States
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Avancen Mod Corp
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.21 M (USD)

    in 2 rounds

  • Latest Funding Round
    $563.13 K (USD), Seed

    Jul 23, 2012

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Avancen

Avancen offers a comprehensive portfolio of products and services, including MOD System, MOD PCA, and MOD Trac Reporting System.

Product name locked
Category locked
Primary

Platform for on-demand medication control and pain data integration.

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Device that gathers pain data and dispenses medication safely.

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Tool for managing patient pain across healthcare facilities.

People of Avancen

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Bill Westin
CFO

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Funding Insights of Avancen

Avancen has successfully raised a total of $2.21M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $563.13 thousand completed in July 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investments & Acquisitions by Avancen

Investments
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Investment portfolio details for Avancen

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Financial Statements - Avancen

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Detailed financials for Avancen

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Avancen Comparisons

Avancen Primary company
Description
Medication management devices are supplied to hospitals and ...
Location
Mount Pleasant, United States
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Avancen

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Competitors of Avancen

Avancen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Avanos, TruMed Systems, Soovu, Sensidose and INRange Systems, among others.

Company Name Domain Founded year HQ Location Description
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Medical devices for pain management and enteral feeding are manufactured.
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Vaccine management systems are provided for physician offices and hospitals.
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Drug-free wearable pulsed heat therapy for pain management is developed.
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Individually tailored drug doses are delivered via micro-tablets system.
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Hardware and software for remote medication management are supplied.
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Minimally invasive oxygen-ozone therapy for herniated discs is provided.
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Detailed competitors of Avancen

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Latest news on Avancen

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Complete news archive for Avancen

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Frequently Asked Questions about Avancen

Avancen was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Avancen is headquartered in Mount Pleasant, United States.

Avancen is a funded company, having raised a total of $2.21M across 2 funding rounds to date.

Avancen was founded in 2007 and is based in Mount Pleasant, United States. Devices for medication management are provided to hospitals, healthcare professionals, and patients within the healthcare sector. The Medication On Demand system is utilized to handle patient medication and pain relief. Pain data is collected, and medication is dispensed through this system to support clinical operations.

Avancen's top competitors include SpinaFX Medical, INRange Systems and TruMed Systems.

Avancen offers MOD System, MOD PCA, and MOD Trac Reporting System.

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