Avedro

company

About

Avedro is a medical device and pharmaceutical company advancing the science and technology of corneal cross-linking.

  • 101 - 250

Details

Last Funding Type
Series D
Last Funding Money Raised
$43M
Industries
Health Care,Medical Device,Pharmaceutical
Founded date
Jan 1, 2007
Number Of Employee
101 - 250
Operating Status
Active

Avedro is a privately held medical device and pharmaceutical company advancing the science and technology of corneal cross-linking. Avedro recently completed its US‐based, multi-centered, Phase III studies of corneal cross-linking for the treatment of progressive keratoconus and corneal ectasia following refractive surgery. Outside the United States, Avedro has commercialized both VibeX and its KXL System for performing Lasik Xtra and accelerated cross-linking. Additionally, Avedro is developing the science of Thermo‐biomechanics for therapeutic medical applications. The Keraflex® refractive correction procedure is the first technology developed from the Thermo‐biomechanics platform and is a non‐invasive, incision‐less ophthalmic procedure for flattening the cornea without the removal of tissue. Keraflex offers the unique ability to induce refractive change without weakening the cornea’s biomechanical integrity, as happens with Lasik and other refractive correction procedures. Keraflex is commercially available outside of the United States.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$76M
Avedro has raised a total of $76M in funding over 2 rounds. Their latest funding was raised on May 2, 2018 from a Series F round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 2, 2018 Series F $25M 1 Lilly Asia Ventures Detail
Mar 5, 2013 Series D $43M 1 Detail
Jan 31, 2008 Series A $8M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Avedro is funded by 2 investors. Lilly Asia Ventures and Echelon Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Lilly Asia Ventures Yes Series F
Echelon Ventures Series D