About Veniti
Veniti is a company based in St. Louis (United States) founded in 2010 was acquired by Boston Scientific in August 2018.. Veniti has raised $65.22 million across 4 funding rounds from investors including Boston Scientific, Confluent Medical and Tekla Capital Management. Veniti has completed 1 acquisition, including Varix Medical. Veniti operates in a competitive market with competitors including Tactile Medical, Intervene, enVVeno Medical, Sky Medical Technology and DeVoro Medical, among others.
- Headquarter St. Louis, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Veniti Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$65.22 M (USD)
in 4 rounds
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Latest Funding Round
$25 M (USD), Series D
Sep 08, 2016
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Investors
Boston Scientific
& 8 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Boston Scientific
(Aug 08, 2018)
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Funding Insights of Veniti
Veniti has successfully raised a total of $65.22M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $25 million completed in September 2016. 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 Series D — $25.0M
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First Round
First Round
(07 Mar 2011)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Series D - Veniti | Valuation |
investors |
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| Mar, 2015 | Amount | Series C - Veniti | Valuation |
investors |
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| Jun, 2013 | Amount | Series B - Veniti | Valuation |
investors |
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| 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 Veniti
Veniti has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Boston Scientific, Confluent Medical and Tekla Capital Management. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Health-focused venture capital investments are made in US sectors.
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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 Veniti
Veniti has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Varix Medical. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Innovative steam-based devices for varicose vein treatment are developed.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Veniti
| 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 |
Veniti Comparisons
Competitors of Veniti
Veniti 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 Tactile Medical, Intervene, enVVeno Medical, Sky Medical Technology and DeVoro 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 |
Home therapy devices for lymphedema and venous ulcers are provided.
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| domain | founded_year | HQ Location |
Catheter-based therapy for chronic venous insufficiency is developed.
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| domain | founded_year | HQ Location |
Developer of medical device for the the treatment of venous diseases
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| domain | founded_year | HQ Location |
Electro-stimulation devices are manufactured for deep vein thrombosis treatment.
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| domain | founded_year | HQ Location |
Medical devices for treating cardiac diseases are developed.
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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 Veniti
Frequently Asked Questions about Veniti
When was Veniti founded?
Veniti was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Veniti located?
Veniti is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.
Is Veniti a funded company?
Veniti is a funded company, having raised a total of $65.22M across 4 funding rounds to date. The company's 1st funding round was a Series B of $9.72M, raised on Mar 07, 2011.
What does Veniti do?
Veniti was established in 2010 in St. Louis, United States, within the medical device sector. Focus is placed on venous stents to address chronic venous disease. The VICI VENOUS STENT System includes a nitinol-based, laser-cut implant with closed-cell design, bridges, and braces for venous adaptability, alongside a coaxial over-the-wire delivery mechanism. Compatibility with 9Fr sheaths enables jugular or femoral access. Availability excludes the US market.
Who are the top competitors of Veniti?
Veniti's top competitors include Tactile Medical, Intervene and enVVeno Medical.
How many acquisitions has Veniti made?
Veniti has made 1 acquisition, including Varix Medical.
Who are Veniti's investors?
Veniti has 9 investors. Key investors include Boston Scientific, Confluent Medical, Tekla Capital Management, Life Sciences Alternative Funding, and Volcano Capital Management.