“We are thrilled to have the support of this group of leading healthcare investors who share our vision to better diagnose, treat, and improve the lives of millions of women affected by pelvic floor disorders,” Marc Beer said in a recent press statement when acknowledging the $42 million funding. Two healthcare investors that have been adversely mentioned in the funding of what Renovia Inc calls Series B funding are Ascension Ventures, a Missouri-based healthcare company and Perceptive Advisors, a company whose base in New York. Learn more: https://www.linkedin.com/in/marcbeer
The money that Renovia received is in two batches. The first batch is $32 million and the other $10 million is in the form of debt ventures. After receiving the money, Marc Beer announced that Renovia Inc will use it in developing and ensuring that its four products are ready for tests as soon as possible. Prior to Series B funding, Renovia received funding from Longwood Fund. During this initial funding, Renovia used the money to successfully launch Leva, the company’s debut product that was approved by FDA in April 2018. Since the FDA approval of the Leva product, Renovia has been working behind doors to present to the world other products. Beer said that the four products, together with an advanced generation of Leva will be out soon.
During the acknowledgement statement, Beer added that the company will do everything it can to provide clients with the latest data. He added, “Combining our innovative and proprietary sensor technologies and form factors with a digital health platform will give our customers valuable data to inform new treatment options, drive greater knowledge, and understanding of pelvic floor disorders, and ultimately lower long-term healthcare costs.”
Marc Beer has more than 25 years of experience in the medical and biotechnology devices. He has worked for various healthcare service providers. One of the notable achievements under Marc’s belt is when he joined ViaCell. Marc joined this biotechnological firm in 2000. By the time he left, while presiding as the company’s Chief Executive Officer (CEO), the company had over 300 employees.
For more than 25 years, Marc Beer has been working for various healthcare providers. He has served in various capacities while in those companies. Marc has served in Global Marketing and Genzyme, among other companies. He ensures that he leaves a legacy whenever he gets out of a company. For instance, before leaving Global Marketing, he had risen to the position of the company’s VP. Other achievements include what he helped ViaCell achieve. Beer joined this biotechnological firm in 2000. When leaving this company a few years later, the startup had grown its employee list to over 300. Before leaving, Marc Beer participated in the company’s successful acquisition to PerkinElmer in 2007.