Last deal

$15M

Amount

Series B

Stage

18.07.2022

Date

2

all rounds

$22M

Total amount

date founded

Financing round

General

About Company
Retia is a medical device company that revolutionizes patient care through software and hardware for monitoring critical health metrics.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Retia

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

Based in East Lansing, MI, Retia Medical develops monitors specifically designed for high-risk patients, with their first product focusing on monitoring cardiac output. This technology, licensed from MSU and validated through extensive tests, accurately measures the flow rate of blood pumped by the heart. Initially targeting the ICU and operating rooms, the potential applications extend to emergency rooms and even home use. With the backing of the Pritzker/Vlock family office and a strong advisory board, Retia aims to obtain FDA approval and launch this groundbreaking product, improving the care of our most vulnerable patients.
Legal Names

Legal name

Retia Medical Systems, Inc.
Similar Companies
1000
QT Medical

QT Medical

QT Medical's technology enables heart disease patients to perform diagnostic ECG scans from home, saving time and reducing stress.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Torrance, CA, USA

total rounds

1

total raised

$12M
Avicena

Avicena

Avicena develops medical devices and algorithms for easy cardiovascular health assessment.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

Los Angeles, CA, USA

total rounds

3

total raised

$2.53M
Promedix Inc.

Promedix Inc.

ProMedix, Inc is a medical technology company that develops devices to improve home patient monitoring.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Medical Device, Health Care, Medical

Location

Portland, OR, USA

total rounds

6

total raised

$350K
CareTaker Medical

CareTaker Medical

CareTaker Medical develops wireless medical devices for ICU-quality remote patient monitoring and continuous Blood Pressure.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Charlottesville, VA, USA

total rounds

3

total raised

$10.75M

Financials

Funding Rounds
2
2

Number of Funding Rounds

$22M

Money Raised

Their latest funding was raised on 18.07.2022. Their latest investor Fresenius Medical Care North America. Their latest round Series B

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Fresenius Medical Care North America

Fresenius Medical Care North America

Fresenius Medical Care North America provides healthcare services to people with renal and other chronic conditions.

Sector

Health Care Providers

Subsector

Health Care Services

Location

Waltham, MA, USA

total rounds

19

total raised

$104.27M

count Of Investments

3
Co-Investors
Investors
3
1

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
Fresenius Medical Care North America

Fresenius Medical Care North America

Fresenius Medical Care North America provides healthcare services to people with renal and other chronic conditions.

Sector

Health Care Providers

Subsector

Health Care Services

Location

Waltham, MA, USA

total rounds

19

total raised

$104.27M

count Of Investments

3
Al Wiegman

Al Wiegman

Mr. Albert Wiegman serves as Head at Fresenius Medical Care Ventures. He serves as a Board Member at Retia Medical, Egenesis and Vectorious Medical Technologies. He served as Board Member at Lucet.

current job

Fresenius Medical Care North America
Fresenius Medical Care North America
Red Cedar Ventures

Red Cedar Ventures

Red Cedar Ventures is a leading investment firm that supports MSU-based startup companies and technologies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

East Lansing, MI, USA

count Of Investments

311

count Of Exists

7

Pritzker/Vlock Family Office

Pritzker/Vlock Family Office is a venture capital firm that invests in innovative companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Asset Management, Venture Capital, Financial Services

Location

Chicago, IL, USA

count Of Investments

14

count Of Exists

2

People

Founders
2
Marc Zemel
Marc Zemel

Marc Zemel

Marc Zemel, Co-Founder & CEO – Formerly of Becton Dickinson, he is an experienced leader of teams to develop, launch and sell new products for Fortune 500 companies and startups in domestic and international medical device, imaging, and capital equipment markets. 18 patents approved or pending. MBA, Yale School of Management and MS in Mechanical Engineering, Massachusetts Institute of Technology.

current job

Retia Medical
Retia Medical

organization founded

2

Marc Zemel

Ramakrishna Mukkamala
Ramakrishna Mukkamala

Ramakrishna Mukkamala

Dr. Ramakrishna Mukkamala, Co-Founder & CTO. Associate Professor, Michigan State University, he is the principal inventor of the cardiovascular monitoring technology, and a recognized leader in his field. 78 peer-reviewed publications and 10 patents approved or pending. PhD in Electrical Engineering, Massachusetts Institute of Technology.

current job

Retia Medical
Retia Medical

organization founded

1

Ramakrishna Mukkamala

Employee Profiles
3
Tanvi Gangal

Tanvi Gangal

Research Intern

Marc Zemel

Marc Zemel

Co-Founder, CEO & Board of Directors

Ramakrishna Mukkamala

Ramakrishna Mukkamala

Co-Founder, CTO & Board of Directors

Activity

Recent News
0