Venclose

San Jose, United States Founded: 2014 • Age: 12 yrs Acquired By Becton Dickinson
Radiofrequency ablation system for treating venous reflux disease
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About Venclose

Venclose is a company based in San Jose (United States) founded in 2014 by Brady Esch was acquired by Becton Dickinson in December 2021.. Venclose has raised $27.1 million across 2 funding rounds from investors including BD and Ally Bridge Group. Venclose offers products and services including Venclose RF Ablation System, Venclose RF Ablation Catheter, and Venclose Maven Perforator Catheter. Venclose operates in a competitive market with competitors including Monteris, Neo, TechsoMed, Symmetry Surgical and Misonix, among others.

  • Headquarter San Jose, United States
  • Founders Brady Esch
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Becton, Dickinson And Company
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $27.1 M (USD)

    in 2 rounds

  • Latest Funding Round
    $27.1 M (USD), Series C

    Nov 27, 2019

  • Investors
    BD

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Becton Dickinson

    (Dec 02, 2021)

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Products & Services of Venclose

Venclose offers a comprehensive portfolio of products and services, including Venclose RF Ablation System, Venclose RF Ablation Catheter, and Venclose Maven Perforator Catheter. 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

System for endovascular coagulation of blood vessels in venous reflux.

Device for treating superficial vein reflux with radiofrequency.

Catheter for managing perforator and tributary vein reflux.

People of Venclose
Headcount 10-50
Employee Profiles 20
Board Members and Advisors 2
Employee Profiles
People
Jason Turner
COO
People
Peter Osborne
CFO & Board Member
People
Mike Mirizzi
VP, Research & Development
People
Jeffrey G. Carr
Chief Medical Officer

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Board Members and Advisors
people
Gregory Vislocky
Board Member
people
Charles Chon
Board Member

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Funding Insights of Venclose

Venclose has successfully raised a total of $27.1M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $27.1 million completed in November 2019. 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 2
  • Last Round Series C — $27.1M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2019 Amount Series C - Venclose Valuation Ally Bridge Group
Jul, 2018 Amount Series B - Venclose 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 Venclose

Venclose has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include BD and Ally Bridge Group. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and hedge fund investments in healthcare are managed.
Founded Year Domain Location
BD is recognized for providing innovative medical technology solutions.
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 Venclose

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 - Venclose

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

Venclose Comparisons

Employees
+
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Competitors of Venclose

Venclose 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 Monteris, Neo, TechsoMed, Symmetry Surgical and Misonix, 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
MRI-guided laser ablation tools for neurosurgery are developed.
domain founded_year HQ Location
Blockchain infrastructure is utilized for developing decentralized applications.
domain founded_year HQ Location
Ultrasound-based monitoring systems for thermal ablation procedures are developed.
domain founded_year HQ Location
Surgical instruments, sterilization solutions and electrosurgical products
domain founded_year HQ Location
Ultrasonic surgical devices for neurosurgical, spinal, advanced wound care and general surgery
domain founded_year HQ Location
Surgical products for soft tissue cutting
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 Venclose

Frequently Asked Questions about Venclose

When was Venclose founded?

Venclose was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Where is Venclose located?

Venclose is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Who is the current CEO of Venclose?

Brady Esch is the current CEO of Venclose. They have also founded this company.

Is Venclose a funded company?

Venclose is a funded company, having raised a total of $27.1M across 2 funding rounds to date.

What does Venclose do?

Venclose has developed a Radiofrequency (RF) ablation system for the treatment of venous reflux disease. The Venclose device consists fo two heating lengths and a catheter. The features are the instrument has markings, curved tip, minimizes invasiveness, shows real-time procedure data etc.

Who are the top competitors of Venclose?

Venclose's top competitors include Neo, TechsoMed and Monteris.

What products or services does Venclose offer?

Venclose offers Venclose RF Ablation System, Venclose RF Ablation Catheter, and Venclose Maven Perforator Catheter.

Who are Venclose's investors?

Venclose has 2 investors. Key investors include BD, and Ally Bridge Group.

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