About InnoVein
InnoVein is a Healthcare company based in San Carlos (United States) founded in 2015. Medical devices for valve replacement are developed. InnoVein has raised $13.41 million across 6 funding rounds from investors including National Science Foundation and Y Combinator. The company has 9 employees. Its chief executive, as recorded, is David Hovda. Its focus areas include Services for Healthcare Providers, Medical Practice Brokers and Valuation Services. Its legal entity is INNOVEIN, INC. Its competitors include SPS Health, MDpanel and Vyne Dental.
Company details
InnoVein was founded in 2015 and is headquartered in San Carlos, United States. Focus is placed on the development of medical devices targeted at valve replacement procedures within the healthcare sector. Operations center on innovative solutions for cardiovascular treatments, with leadership provided by CEO David Hovda. The companys domain, innovein.com, supports its activities in advancing medical technology.
- Headquarters San Carlos, United States
- Employees 9
- SectorsHealthcare
- Email••••••••
- Website innovein.com
- Social LinkedIn
- Legal Name Innovein, Inc.
- Total Equity Funding$13.41M (USD)
in 6 rounds
- Latest Funding Round$2.55M (USD), Seed
Feb 2023
- InvestorsNational Science Foundation
& 1 more
- Employee Count9
Funding Insights of InnoVein
InnoVein has successfully raised a total of $13.41M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $2.55 million completed in February 2023. 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 $13.41M
- Total Rounds 6
- Last Round Seed — $2.55M
- First Round $120,000
(Mar 2016)
- Investors Count 2
All 6 funding rounds of InnoVein with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2023 | $2.55M | Seed | – | – | – |
| Oct 2019 | $1.37M | Grant | – | – | |
| Oct 2018 | $10.75M | Series A | – | – | – |
| Jul 2017 | $225,000 | Grant | – | – | |
| Jul 2017 | $225,000 | Grant | – | – | |
| Mar 2016 | $120,000 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in InnoVein
InnoVein has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include National Science Foundation and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States |
Investor details for InnoVein
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of InnoVein
1 people are tracked at InnoVein (1 in leadership); the tracked headcount is 9.
| Name | Role | Group |
|---|---|---|
David Hovda | CEO | Leadership |
Complete people profiles for InnoVein
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of InnoVein
3 dated milestones of InnoVein across 8 years, from founding to its latest funding, stage changes and deals.
- Founded InnoVein is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Seed, of $2.5M.
Competitors of InnoVein
InnoVein has 3 listed competitors in our database. They include SPS Health, MDpanel and Vyne Dental.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spshealth.com | 2021 | Milwaukee, United States | Provider of pharmacy management solutions | |||
| mdpanel.com | 2023 | Los Angeles, United States | Provider of medical evaluations services | |||
| vynedental.com | 2016 | Dunwoody, United States | Provider of solutions for dental practices to claims processing, attachments, and secure messaging |
Detailed competitors of InnoVein
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Healthcare Provider Support Services
3 companies that operate in the same segment as InnoVein (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of self funded health plan | 2017 | New York, New York, United States | USD 224 M | 212 | ||
Provider of AI solutions for clinical, operational, and business outcomes | 2005 | Princeton, New Jersey, United States | USD 1.13 B | USD 465.22 M | 5,442 | |
AMN Healthcare is recognized as a leading healthcare staffing provider. | 1985 | San Diego, California, United States | USD 2.73 B | 2,970 |
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Frequently Asked Questions about InnoVein
InnoVein was founded in 2015 and raised its 1st funding round 1 year after it was founded.
InnoVein is headquartered in San Carlos, United States. It is registered at San Carlos, California, United States.
David Hovda is the CEO of InnoVein, as recorded in our data.
InnoVein is a funded company, having raised a total of $13.41M across 6 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Mar 2016.
InnoVein has 9 employees.
InnoVein was founded in 2015 and is headquartered in San Carlos, United States. Focus is placed on the development of medical devices targeted at valve replacement procedures within the healthcare sector. Operations center on innovative solutions for cardiovascular treatments, with leadership provided by CEO David Hovda. The companys domain, innovein.com, supports its activities in advancing medical technology.
InnoVein's top competitors include Vyne Dental, MDpanel and SPS Health.
InnoVein has 2 investors. Key investors include National Science Foundation, and Y Combinator.
InnoVein operates through Innovein, Inc..