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Avive Solutions Raises $56.5M Funding

Avive Solutions Raises $56.5M Funding

Avive SolutionAvive Connect AEDⓇ, the pioneer behind the world's most advanced connected automated external defibrillator (AED), has achieved a significant milestone with the closing of a $56.5 million growth equity financing round. Led by Questa Capital, Laerdal Million Lives Fund (LMLF), and Catalyst Health Ventures, with significant participation from RC Capital and Eckuity Capital, this funding round is Avive's mission to transform cardiac arrest emergency response nationwide. Indicates determination.

The infusion of new capital will help accelerate Avive's commercial development across the US and bolster its team with top talent. Additionally, Rik Vandevenne, managing partner of RC Capital, has joined Avive's board of directors, further strengthening the company's leadership.

Avive Solutions aims to revolutionize the response to Sudden Cardiac Arrest (SCA) through its innovative platform. SCA remains a major health care challenge in the United States, claiming more than 430,000 lives annually. Avive's technology addresses the critical need for timely intervention by seamlessly integrating the next-generation AED device with a robust software ecosystem. With survival decreasing by 7-10% for every minute without a defibrillator shock, Avive's mission is to make AEDs ubiquitous, ensuring they are easily accessible in communities, schools, businesses and homes. have access

At the heart of Avive's solution is the Avive Connect AED, a portable handheld device equipped with robust Internet connectivity via cellular, Wi-Fi, GPS, and Bluetooth. This connectivity powers Avive's Intelligent Response Platform™, which powers initiatives such as the 4-Minute City™ program. Through strategic partnerships with communities, Avive deploys hundreds of Avive Connect AEDs and integrates them into the 911 and public safety ecosystem, historically improving response times and maximizing patient survival rates. SCA leverages data.

The transformative impact of Avive's technology is already evident in forward-thinking communities like Cumberland County, PA. Jackson, TN; Forsyth County, GA; and Carrollton, TX. By facilitating faster response times and empowering bystanders and emergency responders, Avive is reshaping the cardiac arrest emergency response landscape.

“The Avive team is revolutionizing the sudden cardiac arrest response with its innovative platform that seamlessly integrates next-generation AED devices with a robust software ecosystem,” said Rick, managing partner of RC Capital. Vandewen commented. “We believe this will meaningfully move the needle on survival for patients of all ages, and we are excited to be on board to support the next phase of development.”

Since the successful launch of the Avive Connect AED in 2023, the company has witnessed tremendous demand and life-saving impact. Having already saved countless lives, Avive is poised to continue to make a profound difference in cardiac arrest emergency response. Through strong investor support and strategic partnerships, Avive looks forward to enabling many more life-saving stories and driving positive change in communities across the country.

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