Vertos Medical Inc. is a medical device company committed to developing innovative, minimally invasive treatments for lumbar spinal stenosis (LSS). Its proprietary technologies include mild, which offers a safe, outpatient, minimally invasive, fluoroscopically guided therapeutic LSS treatment that requires no general anesthesia, no implants, and no stitches. LSS is primarily a degenerative, age-related narrowing of the lower spinal canal that causes symptoms of pain and numbness in the lower back, legs, or buttocks. The mild procedure treats this condition by restoring space in the spinal canal using specialized mild devices to remove hypertrophic ligamentum flavum through a 5.1-mm treatment portal. Clinical studies show that mild can help LSS patients stand longer and walk farther with less pain1, and no major device-related complications have been reported in any clinical trial.2 Vertos Medical headquarters is located in Aliso Viejo, CA.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
06/12/17 | $28,000,000 |
Aweida Venture Partners MVM Partners ONSET Ventures Pitango Venture Capital | undisclosed | |
06/07/23 | $26,000,000 | Series C |
Norwest Venture Partners Pitango Venture Capital | undisclosed |