Fundraising Fox

Basis Medical

Atlanta, US · Founded 2017 · Delaware LLC

Basis Medical develops the Seclusion catheter and procedure for treating chronic venous insufficiency (CVI), a vein reflux disease affecting the legs. The medical device targets endovenous vein ablation procedures performed at US hospitals and vein centers as an alternative to vein stripping, sclerotherapy, and thermal ablation treatments.

Founders & leadership

KH
Kenneth HarperNamed on SEC filing
DA
David A. MartinNamed on SEC filing
LT
Larry TedescoNamed on SEC filing
TP
Timothy Patrick SharkeyNamed on SEC filing
DC
Darrell CaudillNamed on SEC filing
TL
Tomas Levinton

Reported raises · per SEC filings

Form D private placements

$890K disclosed across 3 rounds · 2018–2022

$120KraisedDec 2022 · 2 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Ken SmithDirector
  • David MartinExecutive Officer, Director
  • Darrell CaudillDirector
  • David KennedyDirector
  • Larry TedescoExecutive Officer
  • Robert MathenyDirector
Offering amount
$500K
Amount sold
$120K
Minimum investment
$2.5K
First sale
Dec 2022
Incorporated
Limited Liability Company, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$670KraisedSep 2022 · 3 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • David MartinExecutive Officer, Director
Offering amount
$670K
Amount sold
$670K
First sale
Aug 2022
Incorporated
Limited Liability Company, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$100KraisedApr 2018 · 2 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Kenneth HarperDirector
  • David A. MartinExecutive Officer, Director
  • Larry TedescoExecutive Officer, Director
  • Timothy Patrick SharkeyExecutive Officer, Director
  • Darrell CaudillExecutive Officer, Director
Offering amount
$1M
Amount sold
$100K
Minimum investment
$50K
Proceeds to insiders
$225K
First sale
Apr 2018
Incorporated
Limited Liability Company, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Basis Medical do?
Basis Medical develops the Seclusion catheter and procedure for treating chronic venous insufficiency (CVI), a vein reflux disease affecting the legs. The medical device targets endovenous vein ablation procedures performed at US hospitals and vein centers as an alternative to vein stripping, sclerotherapy, and thermal ablation treatments.
How much funding has Basis Medical raised?
Basis Medical has disclosed $890K raised across 3 rounds.
Where is Basis Medical headquartered?
Basis Medical is headquartered in Atlanta, US.