About AventaMed
AventaMed is a company based in Cork (Ireland) founded in 2013 by Keith Jansen, John Vaughan, and Olive Odriscoll was acquired by Karl Storz in February 2023.. AventaMed has raised $3.58 million across 4 funding rounds from investors including Enterprise Ireland, Karl Storz and HBAN. AventaMed offers products and services including Solo+ ™. AventaMed operates in a competitive market with competitors including Preceptis Medical, NousQ, Tympanogen, Doya Medical and EntraTympanic, among others.
- Headquarter Cork, Ireland
- Founders Keith Jansen, John Vaughan, Olive Odriscoll
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Aventamed Dac
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.58 M (USD)
in 4 rounds
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Latest Funding Round
$2.12 M (USD), Angel Round
Oct 20, 2017
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Investors
Enterprise Ireland
& 3 more
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Employee Count
Employee Count
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Acquired by
Karl Storz
(Feb 08, 2023)
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Products & Services of AventaMed
AventaMed offers a comprehensive portfolio of products and services, including Solo+ ™. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Device for quick ear tube insertion using topical anesthesia.
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Funding Insights of AventaMed
AventaMed has successfully raised a total of $3.58M across 4 strategic funding rounds. The most recent funding activity was a Angel Round round of $2.12 million completed in October 2017. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Angel Round — $2.1M
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First Round
First Round
(24 Nov 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Angel Round - AventaMed | Valuation | Halo Business Angel Network | |
| Oct, 2015 | Amount | Grant - AventaMed | Valuation |
investors |
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| Sep, 2015 | Amount | Seed - AventaMed | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AventaMed
AventaMed has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Enterprise Ireland, Karl Storz and HBAN. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A platform connecting angel investors to startups in Ireland.
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Support is provided to Irish manufacturing and service sector businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AventaMed
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AventaMed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aventamed Comparisons
Competitors of AventaMed
AventaMed 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 Preceptis Medical, NousQ, Tympanogen, Doya Medical and EntraTympanic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Surgical tools for pediatric ear tube procedures are developed.
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| domain | founded_year | HQ Location |
Developer of a robotic surgical applicator for ear tube surgery. This device aims to simplify the procedure, reducing the need for general anesthesia and a surgical microscope. It enables outpatient settings and potentially reduces costs. The applicator uses commercially available ear tubes and features safety and precision enhancements through robotics and sensor technology. It makes a precise incision on the eardrum, improving outcomes for patients.
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| domain | founded_year | HQ Location |
Provider of gel patch for chronic tympanic membrane perforations
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| domain | founded_year | HQ Location |
Develops non-invasive stent technology for treating otitis media with effusion.
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| domain | founded_year | HQ Location |
Medical device for the treatment of middle ear infections
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aventamed
Frequently Asked Questions about AventaMed
When was AventaMed founded?
AventaMed was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is AventaMed located?
AventaMed is headquartered in Cork, Ireland.
Who is the current CEO of AventaMed?
Keith Jansen is the current CEO of AventaMed. They have also founded this company.
Is AventaMed a funded company?
AventaMed is a funded company, having raised a total of $3.58M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.46M, raised on Nov 24, 2014.
What does AventaMed do?
AventaMed is developing surgical devices, initially focused on a device which allows safe placement of ear tubes or grommets in an out-patient setting. Grommets are used to surgically treat Otitis Media with Effusion, which is a build up of fluid behind the ear drum. Was spun out from the MEDIC research centre, Cork Institute of Technology.
Who are the top competitors of AventaMed?
AventaMed's top competitors include Preceptis Medical, Tympanogen and NousQ.
What products or services does AventaMed offer?
AventaMed offers Solo+ ™.
Who are AventaMed's investors?
AventaMed has 4 investors. Key investors include Enterprise Ireland, Karl Storz, HBAN, and Irrus Investments.