Last deal

$14.12M

Amount

Series C

Stage

19.11.2015

Date

3

all rounds

$47.09M

Total amount

date founded

Financing round

General

About Company
MID has developed a system that improves visualization during laparoscopic surgery.

Industry

Sector :

Subsector :

founded date

01.01.2006

founders

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

MID has developed the FloShield system, a franchise of products that substantially improve visualization during laparoscopic surgery. During laparoscopic surgery, it is common for condensation to form on the end of the laparoscope obscuring vision. It is also common for debris from the ultrasonic scalpel, cautery, or even blood products themselves to degrade the surgical view. Most commonly, surgeons will need to remove the laparoscope for manual cleaning. It was founded in 2006 and headquartered in Columbus, Ohio.
Contacts
Sub-Organizations
1
FloShield

FloShield

FloShield is a company that develops laparoscopic surgical tools to enhance visualization during minimally-invasive procedures.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Manufacturing

Location

Columbus, OH, USA

total rounds

1
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Subsector

Medical Equipment

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Iantrek

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Sector

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Subsector

Medical Equipment

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Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

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total rounds

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Ioptima

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IOPtima develops surgical ophthalmic devices.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

Tel Aviv-Yafo, Israel

total rounds

1

total raised

$7.2M

Financials

Funding Rounds
8
3

Number of Funding Rounds

$47.09M

Money Raised

Their latest funding was raised on 19.11.2015. Their latest investor Rev1 Ventures. Their latest round Series C

Date 
Funding Round 
Investors 
Money Raised 
Lead 
19.11.2015
2
$14.12M
19.02.2015
1
$12.12M
24.06.2014
2
$6M
Canaan Partners

Canaan Partners

Canaan Partners is an early stage venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Menlo Park, CA, USA

count Of Investments

623

count Of Exists

138
Rev1 Ventures

Rev1 Ventures

Rev1 Ventures is a Midwest-based investor startup studio that provides capital and strategic services.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services

Location

Columbus, OH, USA

total rounds

1

count Of Investments

223

count Of Exists

22
Co-Investors
Investors
4
4

Number of lead investors

4

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Private Equity
Yes
Debt Financing, Series B, Series C
Rev1 Ventures

Rev1 Ventures

Rev1 Ventures is a Midwest-based investor startup studio that provides capital and strategic services.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services

Location

Columbus, OH, USA

total rounds

1

count Of Investments

223

count Of Exists

22
Ryan Helon

Ryan Helon

Ryan J. Helon serves as Senior Vice President, Investments at TechColumbus, Investment Arm. Mr. Helon serves as Managing Director at Nationwide Mutual Capital. He leads Nationwide Mutual, including originating, executing, and managing investments. He also develops and implements strategies for Nationwide Mutual to leverage the resources of Nationwide to add value to Nationwide Mutual Capital portfolio companies. He also leads strategy development for Nationwide Mutual. Prior to his leadership role with Nationwide Mutual, Mr. Helon served as a Corporate Development Manager at Nationwide, where he led and participated in many transactions, including the CalFarm and Marítima acquisitions, the private equity investments in Teamstaff and Capital Professional Advisors and Nationwide Mutual's $400 million issuance of surplus notes. Mr. Helon also jointly led the creation and development of the firm. Prior to Nationwide, he worked in corporate finance in the chemical industry, primarily on M&A transactions. Mr. Helon serves on the Boards at First Choice Solutions, Skybus, and The Columbus Council on World Affairs. Mr. Helon received an M.B.A. from The Ohio State University Fisher College of Business, where he graduated as salutatorian and graduated with a Bachelor's degree in Finance and Economics, summa cum laude, also from The Ohio State University Fisher College of Business.

current job

Rev1 Ventures
Rev1 Ventures
Radius Ventures

Radius Ventures

Radius Ventures is a VC firm that invests in health and life science companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

New York, NY, USA

count Of Investments

36

count Of Exists

13
Jordan S. Davis

Jordan S. Davis

Jordan S. Davis is a Managing Partner and co-founder of Radius, which acts as the Investment Advisor to the Radius Funds. Jordan’s experience spans the founding of new ventures to growth capital stage investing in a broad range of innovative healthcare, medical technology and life sciences companies. Having begun his career at Morgan Stanley & Co., Jordan brings capital markets expertise and perspective to Radius’ portfolio companies as they navigate an increasingly complex and challenging financing environment. Prior to Radius, Jordan was a Managing Director at KBL Healthcare, Inc., a health and life sciences venture capital and investment banking firm, where he co-founded and served as Vice President and board member of KBL Healthcare Acquisition Corp. (KBLHAC), the first healthcare focused Special Purpose Acquisition Company (SPAC) designed to provide an alternative means for an emerging private healthcare company to access vital growth capital. Along these lines, KBLHAC successfully completed the acquisition of Concord Health Group, a rapidly growing operator of post-acute care nursing facilities and assisted living residences, where Jordan continued to serve as a board member until its ultimate acquisition by The Multicare Companies. As an entrepreneur, Jordan was a founder of Cambridge Heart, Inc., a cardiology diagnostics company that developed and commercialized breakthrough technology to non-invasively diagnose patients at risk of sudden cardiac death, and Voxware, Inc., a speech technology company and early entrant into the voice over IP market; both of these companies moved from start-up to IPO in three years. Jordan has served on numerous public and private company boards and currently serves on the board of directors of BioStorage Technologies, Inc., Minimally Invasive Devices, Inc. and Tactile Systems Technology, Inc., all Radius portfolio companies. In addition to his Radius boards, Jordan also serves on the board of directors of HealthCorps, a national non-profit peer mentoring organization cofounded by Dr. Mehmet Oz, dedicated to fighting childhood obesity through educating and empowering youth to take charge of their health. Jordan earned an M.B.A. from the Kellogg School of Management at Northwestern University and a B.A. in Economics from The State University of New York at Binghamton.

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Radius Ventures
Radius Ventures
Canaan Partners

Canaan Partners

Canaan Partners is an early stage venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Menlo Park, CA, USA

count Of Investments

623

count Of Exists

138
Brent Ahrens

Brent Ahrens

General Partner at Canaan Partners.

current job

Canaan Partners
Canaan Partners

People

Founders
1
Wayne Poll
Wayne Poll

Wayne Poll

organization founded

2

Wayne Poll

Employee Profiles
8

Trudie L. Seeger

VP, Quality Assurance, Regulatory, Clinical Research

Mike Hooven

Mike Hooven

President & CEO & Board of Directors

Jim Bobbitt

Vice President ofSales

Stephen Forden

Stephen Forden

Vice President of Marketing

Activity

Recent News
0