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Route 92 Medical Raises Over $31 Million In Oversubscribed Series F Equity Financing To Accelerate Its Commercialization Into The Rapidly Growing Stroke Treatment Market

PRIVATENov 16, 2023

Amount Raised

$31 Million

Round Type

Series F

San MateoManufacturingBiotechnologyHealthcareFinancial ServicesHealth CareMedical

Description

Route 92 Medical, Inc., a privately held medical technology company dedicated to improving outcomes for patients undergoing neurovascular intervention, today announced it has raised over $31 million in a Series F financing to accelerate the commercial adoption of a neurovascular intervention portfolio focused on acute ischemic stroke. The oversubscribed capital raise was led by existing venture capital investors: U.S. Venture Partners, Norwest Venture Partners, InnovaHealth Partners, and The Vertical Group.

Quick answer

Route 92 Medical raised $31 Million in a Series F round, dated November 16, 2023. Route 92 Medical is based in San Mateo, California, United States.

How much did Route 92 Medical raise?
Route 92 Medical raised $31 Million in a Series F round on November 16, 2023.
What does Route 92 Medical do?
The Route 92 Medical platform utilizes the Monopoint operating system including an 088 catheter delivered to the neurovasculature using the specialized Tenzing catheter.
Where is Route 92 Medical based and how big is it?
Route 92 Medical is based in San Mateo, California, United States. Fundz records about 190 employees.

Source: Fundz verified event record.

Who else raised in Healthcare and Financial Services around the same time

Companies in the same sectors as Route 92 Medical that raised within 45 days of this round, from Fundz verified event records.

  • Allurion Technologies raised $123K (Pre-Seed) on December 18, 2023.
  • Procyrion raised $58M on December 13, 2023.
  • Tenon Medical raised $1.3M (Seed) on November 21, 2023.
  • Streamex Corp. raised $861K (Seed) on October 12, 2023.
  • Greenbrook TMS raised $5.3M (Debt Financing) on December 28, 2023.
  • Novabay raised $555K (Seed) on December 21, 2023.

Who to call at Route 92 Medical, and when

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Company Information

Company

Route 92 Medical

Location

San Mateo, California, United States

About

The Route 92 Medical platform utilizes the Monopoint operating system including an 088 catheter delivered to the neurovasculature using the specialized Tenzing catheter. The firm focuses on a diversified portfolio of lead investment positions and collaborates closely with each management team. The firm invests in early to late-stage businesses across a wide range of sectors with a focus on consumer, enterprise, and healthcare.

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Route 92 Medical raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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