Company Overview
Snapshot
Founded in July 2019 by Ronit Harpaz, Dr. Ron Karmeli, and Eyal Teichman, Endoron Medical operates with 11–50 employees. The company has raised $15 million across two funding rounds from two investors. In July 2024, Endoron Medical secured Series A funding, with Sofinnova Partners participating.
Business overview
Endoron Medical develops a catheter-based endovascular suturing device, Aortoseal, designed to provide a long-lasting sealing and fixation solution for endografts in abdominal aortic aneurysm patients. The technology mimics hand-sewn suturing techniques from open surgery, distributing staples circumferentially around the aorta to create leak and migration-free anastomosis. Aortoseal aims to reduce complications and reinterventions by securely holding the stent graft in place, enabling endograft procedures across various anatomies. The company operates within the Health Tech & Life Sciences sector, specifically focusing on Medical Devices and Medical Treatment & Therapeutics, serving the healthcare industry.
Strategic signal
Endoron Medical's successful Series A funding round in July 2024, with participation from Sofinnova Partners, signals strong investor confidence in its Aortoseal technology. This capital infusion is crucial for advancing the company's catheter-based endovascular suturing device, indicating a positive trajectory for its clinical development and market entry in the medical device sector.
Company Intelligence Q&A
- What is Endoron Medical's core technology?
- Endoron Medical's core technology is Aortoseal, a catheter-based endovascular suturing device designed to provide a long-lasting sealing and fixation solution for endografts in abdominal aortic aneurysm patients.
- When was Endoron Medical founded and by whom?
- Endoron Medical was founded in July 2019 by Ronit Harpaz, Dr. Ron Karmeli, and Eyal Teichman.
- What was a significant recent funding event for Endoron Medical?
- In July 2024, Endoron Medical raised Series A funding, with Sofinnova Partners participating in the round.
- Which investor participated in Endoron Medical's Seed round?
- In December 2021, Sofinnova Partners participated in Endoron Medical's Seed funding round.
- What problem does Endoron Medical's Aortoseal device address?
- The Aortoseal device addresses the need for a reliable, long-lasting sealing and fixation solution for endografts in abdominal aortic aneurysm patients, aiming to reduce complications and reinterventions associated with current endovascular aneurysm repair procedures.