Fundraising Fox

Koya Medical

Oakland, US · Founded 2018 · Delaware corporation · 188 employees on LinkedIn · 5 known investors

Koya Medical develops wearable compression therapy devices, including its Dayspring system, for treating conditions such as lymphedema, chronic venous insufficiency, and deep vein thrombosis. Its products are aimed at healthcare professionals and patients, including veterans with chronic edema.

HardwareHealthtechMedical Devices

Founders & leadership

Koya Medical was founded in 2018 by Anand Doraiswamy.

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Anand DoraiswamyFounder

Board

JBJosh Baltzell
Josh BaltzellinBoard director
JGJan Garfinkle
Jan Garfinklein𝕏Board Member, InvestorFounder and Managing Partner at Arboretum Ventures

Investors · 5

Aphelion Capital
Arboretum VenturesAnn Arbor · $5M – $15Mvia Jan Garfinkle · board
Scientific Health DevelopmentDallas · $2M
Zühlke VenturesZurich · $165K – $275K
OrbiMedreported · 2 sourcesNew York · $1M – $75M

Funding

SEC filings, press & company announcements

$41M disclosed across 2 rounds · 2020–2023

▶$11MraisedDec 2020 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Josh BaltzellDirector
  • Jan GarfinkleDirector
  • Anand DoraiswamyExecutive Officer, Director
Offering amount
$11M
Amount sold
$11M
Minimum investment
$1
First sale
Dec 2020
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 2

by search overlap
Tactile Medical30 shared keywordsTactile Medical develops at-home pneumatic compression devices (including the Nimbl controller) to treat lymphedema and chronic venous insufficiency, and airway clearance therapy (AffloVest) for people with chronic respiratory and neuromuscular conditions. It also provides clinical education and patient support around these therapies, primarily serving patients in the United States.
Israel Israel Israel24 shared keywordsK Health provides an agentic clinical AI platform for health systems, offering symptom investigation, patient triage, and automated documentation integrated into Epic and MyChart. It supports fully integrated primary care through consumer intake tools, provider-facing workflow support, and a 24/7 virtual clinic staffed by credentialed providers, serving U.S. health systems.

Companies competing with Koya Medical for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Koya Medical Courts Investors to Scale its Mobile Vascular Health Tech - BriefGlance.combriefglance.com · May 2026Koya Medical to Present at May 2026 Investor Conferences - BioSpacebiospace.com · May 2026Koya Medical Raises New Capital with OrbiMed to Support Growthprnewswire.com · Nov 2023Koya Medical Raises Up To $30M in Financingfinsmes.com · Nov 2023Koya Medical raises $26M for its wearable lymphedema therapeutic - VatorNewsvator.tv · Feb 2022Koya Medical Raises $26M in Series B Fundingfinsmes.com · Feb 2022

Frequently asked questions

What does Koya Medical do?
Koya Medical develops wearable compression therapy devices, including its Dayspring system, for treating conditions such as lymphedema, chronic venous insufficiency, and deep vein thrombosis. Its products are aimed at healthcare professionals and patients, including veterans with chronic edema.
Who founded Koya Medical?
Koya Medical was founded by Anand Doraiswamy in 2018.
Who are Koya Medical's investors?
Koya Medical's investors include Aphelion Capital, Arboretum Ventures, Scientific Health Development, Zühlke Ventures, OrbiMed.
How much funding has Koya Medical raised?
Koya Medical has disclosed $41M raised across 2 rounds.
Where is Koya Medical headquartered?
Koya Medical is headquartered in Oakland, US.