What is PAVmed?
PAVmed Inc. is a commercial-stage medical technology firm established in 2014 and headquartered in New York, New York. The company operates across the medical device, diagnostics, and digital health sectors. Its product portfolio includes innovative disposable infusion pumps, short-term catheters, percutaneous and tissue ablation devices, and long-term vascular access devices. PAVmed is dedicated to advancing healthcare solutions through its diverse range of medical technologies.
How much funding has PAVmed raised?
PAVmed has raised a total of $51.1M across 4 funding rounds:
Debt
$14M
Debt
$150K
Other Financing Round
$7M
Private Equity
$30M
Debt (2019): $14M with participation from Maxim Group LLC
Debt (2020): $150K led by PPP
Other Financing Round (2020): $7M, investors not publicly disclosed
Private Equity (2026): $30M, investors not publicly disclosed
Key Investors in PAVmed
PPP
Public-Private Partnership
Maxim Group LLC
Maxim Group LLC, a financial services firm, has been involved in providing debt financing to PAVmed. Their involvement suggests a role in facilitating capital access for the company's operational and growth initiatives.
Undisclosed investor
An undisclosed investor participated in a Private Equity round, contributing to PAVmed's overall capital structure and indicating confidence in the company's long-term prospects.
What's next for PAVmed?
With the recent major strategic investment, PAVmed is well-positioned for its next phase of growth. This capital infusion is expected to fuel further research and development, enhance manufacturing capabilities, and expand market penetration for its existing and pipeline medical technologies. The company's focus on critical areas within medical devices and diagnostics suggests a strategic intent to address unmet needs in patient care and clinical workflows. Future developments will likely center on scaling production, securing regulatory approvals, and forging strategic partnerships to broaden its reach and impact in the healthcare industry.
See full PAVmed company page
