Avive Solutions, a San Francisco, CA-based developer of a connected automated external defibrillator (AED) – the Avive Connect AEDⓇ, raised $56.5M in Growth Equity funding.
The round was led by Questa Capital, Laerdal Million Lives Fund (LMLF), and Catalyst Health Ventures, and welcomed several new investors including RC Capital and Eckuity Capital. The company also announced that Rik Vandevenne, Managing Partner at RC Capital, joined its Board of Directors.
The company intends to use the funds to accelerate its commercial developments across the United States and to further expand the team with top talent.
Led by CEO Sameer Jafri, Avive Solutions is innovating Sudden Cardiac Arrest response with an innovative ecosystem that integrates a connected AED (the Avive Connect AEDⓇ) and software solutions. Focused on portability, accessibility, and connectivity, the Avive Connect AED is complemented with the REALConnect platform™, a software solution designed to streamline AED ownership and management, and Avive’s intelligent response platform™, which is designed to provide comprehensive cardiac arrest response capabilities to entire communities.
FinSMEs
19/04/2024