Tech Company Financing Transactions
Podimetrics Funding Round
Podimetrics, based in Somerville, secured $11.2 million from Norwich Ventures, Polaris Partners and Rock Health San Francisco.
Transaction Overview
Company Name
Announced On
8/20/2020
Transaction Type
Venture Equity
Amount
$11,200,000
Round
Series B
Proceeds Purpose
With this additional funding and critical expertise, we will be able to advance our efforts to reach even more at-risk patients, both within the Veterans Health Administration and beyond in the private payer market.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
49 Day St. A
Somerville, MA 02144
USA
Somerville, MA 02144
USA
Phone
Website
Email Address
Overview
Of the 26 million diabetics in the U.S., more than a million will develop foot ulcers each year due to reduced feeling from peripheral neuropathy. Many of these patients will acquire intractable infections and 92,000 will ultimately require amputations.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to record all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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