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Avive Secures $22 Million In Series A Funding To Advance Intelligent Aed And Lifesaving Platform For Out-Of-Hospital Cardiac Arrest

PRIVATEMar 16, 2022

Amount Raised

$22 Million

Round Type

Series A

San FranciscoOtherHealthcare

Description

Avive Solutions, Inc., developer of an intelligent AED and connected response platform for out-of-hospital cardiac arrest (OHCA) emergencies, today announced that it closed a $22 million Series A round of financing co-led by Questa Capital, Catalyst Health Ventures and repeat investor Laerdal Million Lives Fund. This funding will be used to advance a new technology-enabled approach for improving OHCA survival rates. Ryan Drant, founder and managing partner of Questa Capital, and Darshana Zaveri, managing partner of Catalyst Health Ventures, both joined the Avive board in connection with the financing.

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Company Information

Company

Avive Solutions, Inc.

Location

223 MISSISSIPPI STREET, UNIT 2

San Francisco, California, United States

About

Avive Solutions, Inc. is a Bay Area-based venture-backed MedTech company that has developed an award winning next-generation automated external defibrillator (AED) and software solutions in an effort to significantly increase survival rates from Sudden Cardiac Arrest. We are FDA-approved and ready for sale! Join us on our journey to save lives.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Avive Solutions, Inc. 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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