# SOMAVAC Medical Solutions funding: rounds and investors

> SOMAVAC Medical Solutions has raised $8.4M across 1 round since 2025. Investors include Innova Memphis. Every round with its source.

Source: https://millionrounds.com/company/somavac-medical-solutions (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *SOMAVAC Medical Solutions*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

Funding summary Updated 26 Oct 2026

**$8.4M** raised across 1 round since 2025, from 1 source

- **Latest round:** Venture, $8.4M Apr 2025
- **Investors:** 1

See who backed them

## The rounds

- **Apr 2025** Venture **$8.4M** [Innova Memphis](https://millionrounds.com/fund/innova-memphis) Source recorded SEC filing: $8.4M sold, first sale Apr 2025

## Founders and team

From SOMAVAC Medical Solutions's own website: 1 founder, 6 on the team.

**Baptist Memorial East** Founder

- **Elizabeth Hoff** Chief Executive Officer
- **Frankie Mead** Vice President of Sales
- **Joe Adam** Chief Operating Officer
- **Bill Martin** Board Chair
- **Jean Holloway** Board Member
- **Scott Moore** Board Member

Advisers *Baptist Memorial Hospital Memphis* *Houston Methodist Hospital* *Portsmouth Naval Medical Center*

## Everyone who backed them

[Innova Memphis](https://millionrounds.com/fund/innova-memphis) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=somavac-medical-solutions).

## Quick answers about SOMAVAC Medical Solutions

### Who invested in SOMAVAC Medical Solutions?

SOMAVAC Medical Solutions's investors include Innova Memphis.

### How much has SOMAVAC Medical Solutions raised?

SOMAVAC Medical Solutions has raised $8.4M across 1 round since 2025.

### When did SOMAVAC Medical Solutions last raise?

SOMAVAC Medical Solutions's most recent round was a Venture of $8.4M in Apr 2025.

### What was SOMAVAC Medical Solutions's biggest round?

Its most recent round, $8.4M in Apr 2025, is also its largest on record.

### Who backed SOMAVAC Medical Solutions first?

SOMAVAC Medical Solutions's first round on record, in Apr 2025, was backed by Innova Memphis.

### What stage is SOMAVAC Medical Solutions at?

SOMAVAC Medical Solutions's latest named round is a Venture, in Apr 2025.

### Where is SOMAVAC Medical Solutions based?

SOMAVAC Medical Solutions is based in the United States.

## Companies like SOMAVAC Medical Solutions

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

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