- Companies
- Inquis Medical
Inquis Medical Valuation, Funding & Investors
Inquis Medical is valued at $200M as of November 2024.
Last Inquis Medical valuation
$200M
Series B · Nov 2024
Last Inquis Medical funding round
$75M
Series C · Jan 2026
Cumulative funding Inquis Medical raised
$115M
across 2 funding rounds
Key investors in Inquis Medical
Marshall Wace
Shangbay Capital
Yu Galaxy
Pierre Lamond
En Pointe
About Inquis Medical
Inquis Medical is a medical technology company developing the Aspire thrombectomy system for treating acute ischemic stroke. The device facilitates single-pass removal of large clots from blood vessels while minimizing blood loss and vessel damage. Headquartered in the San Francisco Bay Area, the company focuses on improving outcomes for patients undergoing mechanical thrombectomy procedures. Their technology addresses limitations in current stent retrievers by incorporating advanced retrieval mechanisms tested in preclinical models.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$200M (Nov 2024)
Sectors
Inquis Medical Valuation
Inquis Medical is currently valued at $200M, based on its Series B in November 2024.
The $40M round was led by Marshall Wace, with participation from Shangbay Capital, En Pointe, Yu Galaxy and Pierre Lamond.
Inquis Medical valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2024 | Series B | $200M |
Inquis Medical Funding History
Inquis Medical has raised a total of $115M across 2 funding rounds.
Inquis Medical's first fundraising round was a $40M Series B in November 2024. The most recent completed round was a $75M Series C in January 2026.
Inquis Medical funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2026 | Series C | - | $75M | - | Inquis Medical, a Menlo Park, California-based medical device company founded in 2020, focuses on advancing mechanical thrombectomy treatments for venous thromboembolic (VTE) diseases including pulmonary embolism and deep vein thrombosis. Its flagship product, the AVENTUS Thrombectomy System, features proprietary catheter design, tissue-sensing technology, and integrated autologous blood reinfusion to enable safe and efficient clot removal while minimizing blood loss. The company announced the closing of a $75 million Series C financing round on January 13, 2026, funded by an undisclosed strategic investor. This follows a $40 million Series B round led by Marshall Wace in August 2024. The Series C aims to accelerate nationwide commercial expansion of AVENTUS, including building sales and physician-training infrastructure, advancing the next-generation product pipeline, and growing the clinical evidence base. Inquis Medical transitioned to a commercial-stage organization in 2025 after national launch of AVENTUS. Key milestones included FDA 510(k) clearance in June 2025 for expanded indication to treat pulmonary embolism, following prior clearance for peripheral vasculature, and publication of pivotal AVENTUS trial data in May/June 2025 in the Journal of the Society for Cardiovascular Angiography & Interventions (JSCAI). The trial in 130 intermediate-risk PE patients showed significant thrombus removal with no device-related adverse events. Co-CEOs Vahid Saadat and Mojgan Saadat highlighted the round as a pivotal moment to scale VTE market footprint and redefine standards of care through clinical and technological innovation. |
| Nov 2024 | Series B | Marshall Wace (lead); Shangbay Capital; En Pointe; Yu Galaxy; Pierre Lamond | $40M | $200M | Inquis Medical is a Menlo Park, CA-based medical technology company founded in 2018, specializing in advanced thrombectomy systems, particularly the Aventus Precision Thrombectomy System designed to treat venous thromboembolic diseases like pulmonary embolism through mechanical thrombus removal with minimized blood loss via integrated autologous blood reinfusion. The $40 million oversubscribed Series B financing round, announced around November 2024 and completed in August 2024, was led by Marshall Wace with participation from EnPointe Ventures, Pierre Lamond, ShangBay Capital, and Yu Star (also referred to as Yu Galaxy); one source lists a $200M valuation and mentions Cormorant Asset Management as a participant. Funds are allocated to complete the pivotal IDE trial, prepare for commercial launch in 2025, accelerate product development, expand the team of over 70 employees, and scale operations globally, with Marshall Wace portfolio manager Andrew Goldberg joining the board. Post-Series B, Inquis Medical achieved key milestones including FDA 510(k) clearance in June 2025 for expanded indication to treat pulmonary embolism after prior clearance for peripheral vasculature, and publication of AVENTUS pivotal trial data in May/June 2025 in the Journal of the Society for Cardiovascular Angiography & Interventions, showing efficacy in 130 intermediate-risk PE patients with no device-related adverse events. The company transitioned to commercial-stage in 2025, focusing on nationwide expansion and next-generation pipeline. In January 2026, Inquis Medical closed a $75 million Series C round from an undisclosed strategic investor to further scale commercial adoption of the Aventus system, build sales and physician-training infrastructure, and grow clinical evidence, building directly on the Series B momentum. |
Who has invested in Inquis Medical?
5 investors have backed Inquis Medical across its funding rounds, including Marshall Wace, Shangbay Capital, Yu Galaxy, Pierre Lamond and En Pointe.
Lead investors include Marshall Wace.
Inquis Medical Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Nov 2024 | ||
| 1 | Participant | Nov 2024 | ||
| 1 | Participant | Nov 2024 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialInquis Medical Competitors
Inquis Medical competitors include listed companies like Profound Medical and JETEMA Co., and private ones like Cresilon, Babson Diagnostics, Bioheng and Indiabulls Pharmaceuticals.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $202M | - | ||
| Private | - | - | $196M | - | ||
| Private | - | - | $195M | - | ||
| Private | - | - | $193M | - | ||
| Publicly listed | $16M | ($43M) | $215M | 8.1x | ||
| Publicly listed | $56M | $8M | $184M | - |
Inquis Medical Public Comps
Inquis Medical is still privately-owned, but its public comps include Edap TMS, Ilex Medical, Median Technologies, AOTI, Profound Medical, JETEMA Co., SmartVest, RxSight, Pro-Dex and Ascom.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $71M | ($25M) | 3.1x | 3.8x | (8.9x) | (8.2x) | |||
| $307M | $39M | 0.4x | - | 3.5x | - | |||
| $27M | ($29M) | 8.1x | 7.4x | (7.5x) | (12.0x) | |||
| $67M | $8M | 2.9x | 2.7x | 25.6x | 27.5x | |||
| $16M | ($43M) | 11.4x | 8.1x | (4.3x) | (5.8x) | |||
| $56M | $8M | 4.5x | - | 31.1x | - | |||
| $74M | $15M | 2.7x | 2.6x | 13.4x | 11.1x | |||
| $134M | ($45M) | 0.2x | 0.2x | (0.5x) | (0.5x) | |||
This data is available for Pro users. Sign up to see all Inquis Medical competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Inquis Medical
| When was Inquis Medical founded? | Inquis Medical was founded in 2019. |
| Where is Inquis Medical headquartered? | Inquis Medical is headquartered in San Francisco, CA, United States. |
| Is Inquis Medical publicly listed? | No, Inquis Medical is a private, VC-backed company. |
| What is Inquis Medical's valuation? | Inquis Medical was last valued at $200M in its Series B in November 2024. |
| How much funding has Inquis Medical raised? | Inquis Medical has raised $115M across 2 funding rounds. |
| What was Inquis Medical's last funding round? | Inquis Medical's last funding round was a $75M Series C in January 2026. |
| Who are Inquis Medical's investors? | Inquis Medical's investors include Marshall Wace, Shangbay Capital, En Pointe, Yu Galaxy and Pierre Lamond. |
| Which companies are comparable to Inquis Medical? | Companies comparable to Inquis Medical include Cresilon, Babson Diagnostics, Bioheng, Indiabulls Pharmaceuticals, Profound Medical and JETEMA Co.. |
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