Tech Company Financing Transactions
NICO Funding Round
NICO, based in Indianapolis, received $15 million in funding from River Cities Capital Funds and Rose-Hulman Institute of Technology.
Transaction Overview
Company Name
Announced On
2/24/2016
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
River Cities Capital Funds (Carter McNabb)
Proceeds Purpose
Funding will support multiple business priorities, including the advancement of promising clinical data1delivered through a randomized controlled trial, expanded customer training of NICO technology, commercialization of new products, geographic expansion beyond North America, and additional staff to support critical new initiatives.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
250 East 96th St. 125
Indianapolis, IN 46240
USA
Indianapolis, IN 46240
USA
Phone
Website
Email Address
Overview
The mission of NICO Corporation is to be the leader in the creation and delivery to the marketplace of breakthrough minimally invasive technologies for the access and removal of tissue abnormalities and delivery of in-situ adjuvant therapeutics within neurosurgery, neuro-interventional radiology, spinal surgery, and ENT.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Pearson
Chief Operating Officer
Jeffrey Hanthorn
Chief Technical Officer
Joseph Mark
Vice President
Paul Sandefer
VP - Finance
Kari Ventura
VP - Marketing
Craig Blanchard
VP - Regulatory Affairs
Penny Sekerak
VP - Sales
Timothy Davis
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