Velano Vascular
AcquiredSan Francisco, United States · Founded 2012 · $50.9M raised
- Headquarters
- San Francisco, California
- Employees
- 11–50
- Founded
- 2012
- Business Model
- B2B
- Website
- velanovascular.com
- Total Funding
- $50.9M
- Last Round
- $25.0M Series DDec 2019
- Rounds
- 5
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Velano Vascular is a San Francisco-based medical device company founded in 2012 that developed PIVO, a breakthrough needle-free blood collection device for hospitalized patients. PIVO attaches to an existing peripheral IV catheter and advances a flexible inner tube to collect fresh blood samples without additional needle sticks, reducing patient pain, hemolysis rates, and nursing time burden. The company's technology was adopted by major health systems including Sutter Health and earned recognition as one of Fast Company's Most Innovative Companies in the World. Velano Vascular was acquired by BD (Becton, Dickinson and Co.) in July 2021, and its PIVO technology continues as the BD PIVO Pro product line.
Summary
Velano Vascular is a Healthcare company based in San Francisco, United States, founded in 2012. It has raised $50.9M in total across 5 rounds, most recently a $25.0M Series D round in Dec 2019. Investors include Intermountain Healthcare, Kaiser Permanente Ventures and Northwell Health.
Funding History
Dec 2019
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Funding: Seed through Series D. Amounts, valuations, and investors where available.
Investors
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