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HomeFunding CA-based Avive Solutions Secures $56.5Million in Growth Equity Funding

[Funding alert] CA-based Avive Solutions Secures $56.5Million in Growth Equity Funding

Avive Solutions, a developer of a connected automated external defibrillator (AED) the creator of the Avive Connect AEDTM, a networked automated external defibrillator (AED).

Avive Solutions, a developer of a connected automated external defibrillator (AED) the creator of the Avive Connect AEDTM, a networked automated external defibrillator (AED).

Leading the round were Questa Capital, Laerdal Million Lives Fund (LMLF), and Catalyst Health Ventures. RC Capital and Eckuity Capital were among the new investors. Additionally, the company declared that RC Capital Managing Partner Rik Vandevenne has joined its Board of Directors.

The company plans to utilise the money to hire more elite talent for the team and to advance its commercial initiatives around the United States.

Avive Solutions, led by CEO Sameer Jafri, is revolutionising the response to Sudden Cardiac Arrest by integrating software solutions and a connected AED (the Avive Connect AEDTM) into a novel ecosystem.

Read also –  CA-based Vorlon Secures undisclosed amount in Series A Round Funding

The REALConnect platformTM, a software programme created to simplify AED ownership and management, and Avive’s intelligent response platformTM, which is intended to offer comprehensive cardiac arrest response capabilities to entire communities, are complementary products to the lightweight, portable, and highly connected Avive Connect AED.

About Avive Solutions

In an attempt to dramatically raise the survival rates from Sudden Cardiac Arrest, the Bay Area-based venture-backed MedTech startup Avive Solutions, Inc. has created an award-winning next-generation automated external defibrillator (AED) and software solutions. They are prepared for sale and have FDA approval! Come along with them as they work to save lives.

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