Averto Medical Inc

Averto Medical is a clinical-stage medical device company focused on minimally invasive gastrointestinal care. Their flagship product, the ColoSeal Intraluminal Diversion System, aims to eliminate the need for invasive temporary diverting ostomies during colorectal surgeries. This innovative device addresses a significant market need and has shown promising early clinical results.


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Funding Round: Series A

Funding Amount: $30.5M

Date: 07-May-2024

Investors: Cormorant Asset Management, Venrock Healthcare Capital Partners, LifeSci Venture Partners, CVF

Markets: Medtech, Medical Devices, Medical Equipment Manufacturing

HQ: Fremont, California, United States

Founded:

Website: https://www.avertomed.com/

LinkedIn: https://www.linkedin.com/company/averto-medical-inc

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Pitchbook: https://pitchbook.com/profiles/company/501556-33


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