About Conavi
Conavi is a company based in Toronto (Canada) founded in 2007.. Conavi has raised $27.7 million across 5 funding rounds from investors including Titan Medical and FedDev Ontario. Conavi offers products and services including Novasight Hybrid System. Conavi operates in a competitive market with competitors including Infraredx, Acarix, Ionetix, Cleveland HeartLab and GlyCardial Diagnostics, among others.
- Headquarter Toronto, Canada
- Stage Public
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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 Conavi Medical Corp.
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Annual Revenue
$6.55 M (USD)322.12as on Sep 30, 2025
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Net Profit
$-14.74 M (USD)52.96as on Sep 30, 2025
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EBITDA
$-9.91 M (USD)46.57as on Sep 30, 2025
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Total Equity Funding
$27.7 M (USD)
in 5 rounds
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Latest Funding Round
$700.01 K (USD), Post-IPO
Jan 13, 2026
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Investors
Titan Medical
& 1 more
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Employee Count
Employee Count
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IPO & Listings of Conavi
Conavi is a publicly listed company on the TSXV with ticker symbol CNVI in Canada, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Conavi
Conavi offers a comprehensive portfolio of products and services, including Novasight Hybrid System. 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.
Combines IVUS and OCT for coronary artery imaging and intervention support.
Funding Insights of Conavi
Conavi has successfully raised a total of $27.7M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $700.01 thousand completed in January 2026. 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 5
- Last Round Post-IPO — $700,010
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First Round
First Round
(13 Feb 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Post-IPO - Conavi | Valuation |
investors |
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| Apr, 2025 | Amount | Post-IPO - Conavi | Valuation |
investors |
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| Oct, 2024 | Amount | Series B - Conavi | 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 Conavi
Conavi has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Titan Medical and FedDev Ontario. 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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Robotic surgical systems for single-access procedures are developed.
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Founded Year | Domain | Location | |
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It serves as a government backed investment fund focused on the economic growth of southern ontorio.
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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 Conavi
| 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 - Conavi
| 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 |
Conavi Comparisons
Competitors of Conavi
Conavi 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 Infraredx, Acarix, Ionetix, Cleveland HeartLab and GlyCardial Diagnostics, 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 |
Coronary imaging and plaque detection system
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| domain | founded_year | HQ Location |
A screening device for acoustic coronary artery diseases is provided.
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| domain | founded_year | HQ Location |
Superconducting cyclotrons for PET radioisotopes are developed by Ionetix.
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| domain | founded_year | HQ Location |
Cardiovascular biomarkers are utilized for disease prevention and management.
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| domain | founded_year | HQ Location |
Apo J-Glyc biomarker is commercialized for cardiac ischemia diagnosis.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Conavi
Frequently Asked Questions about Conavi
When was Conavi founded?
Conavi was founded in 2007 and raised its 1st funding round 12 years after it was founded.
Where is Conavi located?
Conavi is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Conavi a funded company?
Conavi is a funded company, having raised a total of $27.7M across 5 funding rounds to date. The company's 1st funding round was a Series B of $7.7M, raised on Feb 13, 2019.
What is the annual revenue of Conavi?
Annual revenue of Conavi is $6.55M as on Sep 30, 2025.
What does Conavi do?
Conavi was founded in 2007 in Toronto, Canada, within the medical devices sector. Operations center on the development of catheter-based ultrasound technology for cardiac applications. The Foresight ICE System has been created, allowing 2D and 3D imaging of cardiac anatomy around the catheter tip. This system supports clinical procedures in cardiology, with focus maintained on imaging precision and integration.
Who are the top competitors of Conavi?
What products or services does Conavi offer?
Conavi offers Novasight Hybrid System.
Is Conavi publicly traded?
Yes, Conavi is publicly traded on TSXV under the ticker symbol CNVI.
Who are Conavi's investors?
Conavi has 2 investors. Key investors include Titan Medical, and FedDev Ontario.
What is Conavi's ticker symbol?
The ticker symbol of Conavi is CNVI on TSXV.