Carevature Medical

Company Overview

Snapshot

Founded in July 2011 by Yosi Weitzman, Eran Miller, and Ely Ashkenazi, Carevature Medical operates with 1–10 employees. The company has secured funding across one disclosed round from one investor. In February 2019, Carevature Medical marked its 1,000th procedure using the Dreal® Decompression Platform, highlighting its growing adoption in spinal surgery.

Business overview

Carevature Medical develops smart tools and procedures for orthopedic surgery, with a specific focus on spinal surgery. The company's core product is the Dreal Spinal Decompression Device, which is designed to perform direct decompression through an indirect approach, aiming to preserve healthy tissue, minimize trauma, and reduce surgical time and cost. This technology is suitable for current surgical settings, including open or mini-open procedures, and is being marketed in Europe, Korea, South America, and the U.S. The company operates within the Health Tech & Life Sciences sector, specifically in Medical Devices, serving the healthcare industry.

Strategic signal

Carevature Medical ceased operations in August 2024, indicating a significant strategic shift for the company. This cessation of activity signals to investors and innovation teams that the company is no longer an active player in the spinal decompression device market.

Company Intelligence Q&A

What is Carevature Medical's primary product?

Carevature Medical's primary product is the Dreal Spinal Decompression Device, which is designed for orthopedic surgery, particularly spinal procedures.

When was Carevature Medical founded and by whom?

Carevature Medical was founded in July 2011 by Yosi Weitzman, Eran Miller, and Ely Ashkenazi.

What is the operational status of Carevature Medical?

Carevature Medical is currently non-active, having ceased to operate in August 2024.

Has Carevature Medical's Dreal system achieved any significant milestones?

In February 2019, Carevature Medical marked its 1,000th procedure using the Dreal® Decompression Platform, demonstrating its adoption in reducing trauma in spinal surgery.

What certifications does the Dreal Spinal Decompression Device hold?

The Dreal Spinal Decompression Device has been certified by the FDA, KDFA, and CE, enabling its marketing in Europe, Korea, South America, and the U.S.