Truvic

Campbell, United States Founded: 2014 • Age: 12 yrs Acquired By Imperative Care
Smart devices for peripheral vascular thrombus management are developed.
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About Truvic

Truvic is a company based in Campbell (United States) founded in 2014 was acquired by Imperative Care in July 2021.. Truvic has raised $5.89 million across 1 funding round from investors including Imperative Care. Truvic offers products and services including Zoom Aspiration Catheters, Prodigy, and Symphony. Truvic operates in a competitive market with competitors including Avinger, Pathway Medical Technologies, Intact Vascular, LeMaitre Vascular and Okami Medical, among others.

  • Headquarter Campbell, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Imperative Care, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.89 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.89 M (USD), Series A

    Jul 09, 2020

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Imperative Care

    (Jul 15, 2021)

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Products & Services of Truvic

Truvic offers a comprehensive portfolio of products and services, including Zoom Aspiration Catheters, Prodigy, and Symphony. 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.

Primary

Tools for aspiration in stroke procedures to remove clots.

Device for treating acute limb ischemia by clearing blood clots.

System providing real-time feedback for vascular clot removal.

Funding Insights of Truvic

Truvic has successfully raised a total of $5.89M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.89 million completed in July 2020. 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 Rounds 1
  • Last Round Series A — $5.9M
  • First Round

    (09 Jul 2020)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2020 Amount Series A - Truvic Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Truvic

Truvic has secured backing from 1 investor. Prominent investors backing the company include Imperative Care. 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.

All
Investor Description Founded Year Domain Location
Access catheters for neurovascular stroke treatment are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Truvic

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Truvic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Truvic Comparisons

Employees
+
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Competitors of Truvic

Truvic 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 Avinger, Pathway Medical Technologies, Intact Vascular, LeMaitre Vascular and Okami Medical, 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
Provider of image-guided catheter-based products for peripheral artery disease
domain founded_year HQ Location
Smart devices are provided to clear peripheral arterial blockages.
domain founded_year HQ Location
Implants for repairing arteries after angioplasty are developed.
domain founded_year HQ Location
Devices for peripheral vascular disease treatment are developed and marketed.
domain founded_year HQ Location
Innovative medical devices for peripheral vessel treatment are developed.
domain founded_year HQ Location
Devices for removing vascular blockages are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Truvic

Frequently Asked Questions about Truvic

When was Truvic founded?

Truvic was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Where is Truvic located?

Truvic is headquartered in Campbell, United States. It is registered at Campbell, California, United States.

Who is the current CEO of Truvic?

Mike Buck is the current CEO of Truvic.

Is Truvic a funded company?

Truvic is a funded company, having raised a total of $5.89M across 1 funding round to date. The company's 1st funding round was a Series A of $5.89M, raised on Jul 09, 2020.

What does Truvic do?

Truvic was founded in 2014 and is headquartered in Campbell, United States. Focus is placed on the medical device sector, where smart devices are developed for managing peripheral vascular diseases. Operations center on enabling single-session thrombus removal without thrombolytics. These devices address thrombus management in peripheral vascular conditions, supporting clinical interventions in the healthcare field.

Who are the top competitors of Truvic?

Truvic's top competitors include Avinger, Okami Medical and Cagent Vascular.

What products or services does Truvic offer?

Truvic offers Zoom Aspiration Catheters, Prodigy, and Symphony.

Who are Truvic's investors?

Truvic has 1 investor. Key investors include Imperative Care.

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