Koya Medical (www.koyamedical.com), a healthcare company focused on treating lymphedema and vein disease, today announced the close of a $11 million Series A investment round. The new investment was led by Arboretum Ventures. Jan Garfinkle, founder and managing director of Arboretum Ventures will join the board of directors and Josh Baltzell will continue as the Chairman. Aphelion Capital joins this round along with previous investors including Scientific Health Development Partners, Zühlke Ventures, Bolt, and InnerProduct Partners.
“Arboretum is excited to partner with Koya,” said Jan Garfinkle, Founder and Managing Partner at Arboretum Ventures. “Koya’s wearable untethered therapy represents a significant technological advancement and will provide lymphedema and venous insufficiency patients with much greater freedom in their day-to-day lives. We are delighted to be involved with a company that is providing patients with such an innovative platform.”
Koya Medical recently received FDA-clearance for the Dayspring™ product platform, a prescription only active wearable compression system for the treatment of lymphedema and venous insufficiency. Dayspring is the first FDA-cleared digitally connected system designed to enable patient mobility during use.