Norwest Venture Partners’ Post

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Our healthcare team’s north star is investing in companies that realize better patient outcomes at lower costs. We’re proud to continue that momentum with our investment in VenoStent, Inc.’s Series A. VenoStent is seeking to improve the lives of more than 500,000 U.S. patients who receive life-saving dialysis to treat end-stage renal disease (ESRD) or kidney failure each year. The preferred access method (and current standard of care) for dialysis is creating an arteriovenous fistula (AVF) – a surgical connection between an artery and vein. But AVFs are rife with medical challenges, and a significant proportion of patients ultimately can’t use them for dialysis. In fact, only 40 percent of AVFs remain operational within one year after their creation. VenoStent, Inc. aims to dramatically improve outcomes for AVF patients with its bioabsorbable perivascular wrap, SelfWrap. SelfWrap’s early human studies have demonstrated the potential to significantly improve the AVF process and allow AVFs to remain functional longer. Once SelfWrap receives FDA approval, it could increase access to life-saving dialysis for ESRD patients. In short, we’re excited about VenoStent because:  ◼ They’re addressing a serious unmet need in a large patient population that has no other options ◼ The SelfWrap procedure is safe, fast, and easy to perform. Its first-in-human trial demonstrated compelling, first-of-a-kind results ◼ Their top-tier management team, board of directors, and team of advisors has extensive experience in medical device development and approval Read more from our General Partner Zack Scott and Investor Ehi Akhirome: https://lnkd.in/gAmkJU7V

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Michael Nagel

President & CEO Vomaris Innovations: Corporate Board Member, Commercializing Breakthrough Medical Technologies through: High-performing Teams | Collaborative, creative problem solving | Long-view Perspective

4w

It's fantastic to have you involved with the company.

Josh Yelen, CPA, MBA

Fractional CFO | Fund Manager | Venture Capitalist | Entrepreneur | Certified Exit Planning Advisor (CEPA®) | Start-up Advisor | CPA

4w

Transforming dialysis access could change lives for hundreds of thousands, Norwest Venture Partners

Kate Dishaw

Communications at Norwest

4w

Welcome to the portfolio VenoStent, Inc.!

James Tannahill, MBA

President of Private Equity, Plocamium Holdings

4w

Congratulations!

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