Velentium, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Velentium, LLC - overview

Established

2012

Location

-, TX, US

Primary Industry

Healthcare IT

About

Velentium, LLC is a medical device company specializing in the design and manufacturing of innovative healthcare solutions, focusing on translating complex medical concepts into practical applications. Founded in 2012, Velentium, LLC is located in Katy, Texas, US. The company designs and manufactures medical devices, providing comprehensive solutions from concept development to commercial launch. Co-founded by Alice Cali and Monique Reis, Velentium has successfully completed 2 deals, with the most recent deal occurring on July 16, 2024.


Velentium Medical specializes in the design and manufacturing of medical devices, offering solutions that range from initial concept development to commercial launch. Their core offerings include medical contract manufacturing, neuro and cardio active implant design, and a suite of research and development services that cover usability, electrical, firmware, mechanical, mobile, and cloud engineering. Velentium is ISO 13485 certified and operates as an FDA-registered manufacturer, ensuring compliance with stringent industry standards. The company serves a diverse client base of medical device companies across North America and Europe, aiding in the deployment of devices to healthcare providers worldwide.


Velentium Medical generates revenue through B2B transactions, collaborating with medical device firms in need of expert design and manufacturing services. The company's partnerships typically involve a mix of product development projects and ongoing contract manufacturing agreements, which may include upfront fees for development services and recurring charges based on production volumes. Velentium’s focus on quality and compliance fosters long-term contracts and collaborations within the medical device sector. In July 2024, Velentium secured USD 15 million in debt financing from Trinity Capital Investment, which will enhance the company's product innovation and support further growth initiatives.


The company is actively developing new medical devices aimed at expanding its portfolio and entering new markets across North America and Europe by the end of 2025.


Current Investors

Great Point Partners

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Medical Devices & Equipment, IT Security/Cybersecurity, Analytics & Performance Software, Medical Software, Monitoring & Security Software

Website

www.velentium.com

Verticals

HealthTech, Mobile Apps

Company Stage

Mature

Total Amount Raised

Subscriber access only

Velentium, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedVelentium, LLC-
RecapitalisationCompletedVelentium, LLC-

Displaying 1 - 2 of 2

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.