Fundz

Vertos Medical Secures $26 Million To Expand Commercialization Efforts And Develop Breakthrough Treatments For Chronic Low Back Pain

PRIVATEJun 07, 2023

Amount Raised

$26 Million

Round Type

Funding Round

Aliso ViejoBiotechnologyHealth CareMedicalMedical Device

Investors

Pitango Venture CapitalNorwest Venture Partners

Description

Vertos Medical Inc., a leader in the development of innovative, minimally invasive treatments for lumbar spinal stenosis (LSS), announced today that it has raised $26 million in an oversubscribed Series C equity funding round. The financing was led by new investor Norwest Venture Partners with participation from existing investors including Pitango Venture Capital.

Quick answer

VERTOS MEDICAL INC raised $26 Million in a Funding Round round, dated June 7, 2023. Investors: Pitango Venture Capital and Norwest Venture Partners. VERTOS MEDICAL INC is based in Aliso Viejo, California, United States.

How much did VERTOS MEDICAL INC raise?
VERTOS MEDICAL INC raised $26 Million in a Funding Round round on June 7, 2023.
Who invested in VERTOS MEDICAL INC?
Pitango Venture Capital and Norwest Venture Partners are named as investors in this round.
What does VERTOS MEDICAL INC do?
Vertos Medical is an interventional pain company committed to developing innovative, minimally invasive treatments for lumbar spinal stenosis (LSS). mild®, its proprietary technology, is an image-guided outpatient..
Where is VERTOS MEDICAL INC based and how big is it?
VERTOS MEDICAL INC is based in Aliso Viejo, California, United States.
Who are the decision-makers at VERTOS MEDICAL INC?
Fundz holds 1 contact at VERTOS MEDICAL INC, including the Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

Companies in the same sectors as VERTOS MEDICAL INC that raised within 45 days of this round, from Fundz verified event records.

  • Hubly raised $3M (Seed) on July 21, 2023.
  • CathVision raised $9M (Funding Round) on July 18, 2023.
  • Hubly raised $5M (Seed) on July 17, 2023.
  • INTRINSIC THERAPEUTICS raised $5.5M on July 14, 2023.
  • Append Medical raised $4.3M (Series A) on July 6, 2023.
  • Neochord raised $4.6M (Seed) on June 20, 2023.

Who to call at VERTOS MEDICAL INC, and when

A new round usually means VERTOS MEDICAL INC is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day VERTOS MEDICAL INC raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at VERTOS MEDICAL INC, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at VERTOS MEDICAL INC. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

VERTOS MEDICAL INC

Location

95 ENTERPRISE, SUITE 325

Aliso Viejo, California, United States

About

Vertos Medical is an interventional pain company committed to developing innovative, minimally invasive treatments for lumbar spinal stenosis (LSS). mild®, its proprietary technology, is an image-guided outpatient procedure that removes a major root cause of lumbar spinal stenosis (LSS) through an incision smaller than the size of baby aspirin and doesn't require implants, general anesthesia, or stitches. The mild® Procedure has been clinically demonstrated to have safety outcomes similar to injections with durability out to 5 years, and patients typically return to activities of daily living within 24 hours with no restrictions. mild® is nationally covered by Medicare. In November 2022, Vertos Medical joined an elite group by ranking 384 on the Deloitte Technology Fast 500™, a ranking of the most innovative, fastest-growing public and private companies from North America. This recognition highlights Vertos Medical's exceptional growth and relentless pursuit of improving the quality of patients' lives. Vertos Medical headquarters is located in Aliso Viejo, CA. To learn more and view clinical data, visit www.Vertosmed.com.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment VERTOS MEDICAL INC raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsEric W., Executive OfficerSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for VERTOS MEDICAL INC's next move

See what Strategic adds

VERTOS MEDICAL INC raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.