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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.

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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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