Innovein, founded in 2015, is a pioneering company in the Health Care and Medical Devices industries, headquartered in the United States. The company is dedicated to addressing a significant unmet medical need: the lack of valve replacement options for vein disease, which affects over 10% of the population in the US and EU.
Backed by prominent accelerators such as Y Combinator and StartX Med, Innovein has gained substantial recognition, including awards from Forbes, UCSF Rosenman Institute, and the Medical Device and Diagnostic Industry. The founding team brings impressive experience, having introduced over 15 medical devices collectively generating sales exceeding $3 billion.
In its recent funding milestone, Innovein secured a $2.55M Venture Round investment from Toy Ventures on 06 February 2023. The company’s innovation positions it as a promising investment opportunity in the multi-billion-dollar vein disease market.