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Inquis Medical
A privately clinical stage medical device company based in Silicon Valley
About Inquis Medical
Inquis Medical, Inc. is a clinical-stage medical device company located in Silicon Valley, established in 2020 by co-founders and co-CEOs Vahid Saadat and Mojgan Saadat. Vahid Saadat is a serial entrepreneur in the medical device field with a history of developing and commercializing products, including at Arrinex, which was acquired by Stryker. The company focuses on the management of venous thromboembolic diseases (VTE), which affect up to 900,000 people in the U.S. annually.
The company's business is centered on the development and future commercialization of its proprietary thrombectomy technology. A significant milestone was achieved in November 2024, when Inquis Medical secured $40 million in an oversubscribed Series B financing round. This funding, led by Marshall Wace with participation from existing investors like ShangBay Capital, is intended to support the completion of a pivotal clinical trial and prepare for the commercial launch of their main product in 2025.
The flagship product is the AVENTUS Thrombectomy System. This device is designed for the non-surgical removal of blood clots from vessels. A key feature is its proprietary TrueClot™ tissue-sensing technology, which provides real-time feedback to the operator, distinguishing between blood, clot, and the vessel wall. This is designed to improve precision during clot removal, reduce blood loss, and increase procedural efficiency compared to existing technologies. The system integrates navigation, aspiration, and a blood return system that filters and immediately returns the patient's blood.
Inquis Medical has received FDA 510(k) clearance for the AVENTUS system. Initially cleared for peripheral indications in late 2023, the clearance was expanded in June 2025 to include the treatment of pulmonary embolism (PE), following a successful pivotal IDE clinical study. The study, which enrolled 120 patients across 22 U.S. sites, met its primary safety and efficacy endpoints, showing no device-related major adverse events and significant improvements in right heart strain. The company plans to use its recent funding to launch the AVENTUS system commercially.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Menlo Park, United States
- Employees
- 80
- Open positions
- None listed
- Dealroom signal
- 93.5/100
- Industry
- Health
- Sub-industry
- Medical Devices
- Sector
- Health Tech & Medtech, Surgery, Cardiology and cardiovascular, Catheters, DT and LS, science-based
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jan 2026 | $75M | $300M | Undisclosed | ↗ |
| SERIES BOther financing | Nov 2024 | $40M | $160M | ShangBay Capital · Yu Galaxy · ENDpoint Ventures · Marshall Wace | ↗ |
Growth signals
Latest recorded traffic for Inquis Medical is 1.9K monthly website visits, down 20.8% over the last three months. Inquis Medical's team grew 40.4% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
- SVSynergy Ventures
Series A4 investors entered at this stage
Marshall Wace
ShangBay Capital
Yu Galaxy
ENDpoint Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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