- TM Capital advised CorVista Health, Inc. in raising $65 million of Series C equity capital to advance its artificial intelligence-based cardiovascular diagnostic technology, bringing the Company’s total funding to nearly $100 million
- CorVista’s non-invasive point-of-care solution utilizes cloud-based algorithms, enabling physicians to rapidly test for heart disease without the need for radiation, contrast agents or cardiac stress
- Proceeds will be used for acceleration of product development and infrastructure ahead of commercialization, as well as ongoing clinical research to assess coronary artery disease, heart failure and pulmonary hypertension
- The financing was led by Ambix Life Science Fund I, L.P., along with MedVenture Partners, Inc. and several new and previous investors
- TM Capital also advised CorVista (previously known as Analytics 4 Life) on its $25.6 million Series B financing
Medical Technology,
Healthcare
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Debt & Equity Financings