United States · Investor

Covidien Ventures

Last cheque observed Aug 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietCorporate VCNow at medtronic.com

GrowthSeries ASeries BEnergyFinTechFinance

Cheques on record
0%of best year0cheques in 12 months, 6 on record
Since the last cheque4827days00hrs00min00sec
Median round$25MRounds led0 of 6Sole investor1 roundsExits1 from the portfolioMostly inUnited States, 100%
Pitch Covidien Ventures

Covidien Ventures highlights

  1. 01

    6 rounds on record

  2. 02

    Mostly Growth and Series A: 33% of its rounds

  3. 03

    Sole investor in 1 rounds, median $11M

  4. 04

    1 exits from the portfolio

What they do

Type
Corporate VC (from a list, unverified)
Cheque size
Not stated
Sectors
EnergyFinTechFinance
Based in
United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first6 appearances

  1. 2013

    2 rounds

  2. Aug
    SetPoint MedicalSeries A · US · sec.gov$31MWith 6 others
  3. Mar
    NevroSeries C · US · finsmes.com$48MWith 8 others
  4. 2011

    3 rounds

  5. Sept
    SuperDimensionVenture · US · superdimension.com$11MSole investor
  6. Aug
    Entellus MedicalSeries E · US · finsmes.com$35MWith 4 others
  7. May
    AEGEA MedicalGrowth · US · sec.gov$13MWith 2 others
  8. 2009

    1 round

  9. Oct
    ValenTxSeries B · US · onbiovc.com$20MWith 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

SuperDimensionBought by Covidien$300MMar 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Covidien Ventures. A count of rooms they were both in, not a relationship either has claimed.

SV Life SciencesVC firm2rounds together

Quick answers about Covidien Ventures

What does Covidien Ventures invest in?

Covidien Ventures invests most often at Growth and Series A (33% of the rounds on record), in sectors such as Energy, FinTech and Finance.

How active is Covidien Ventures?

6 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2013.

How big are Covidien Ventures's cheques?

The median round it joins is $25M.

Does Covidien Ventures lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

Where does Covidien Ventures invest?

Most of the companies it backs are in the United States (100%).

Is Covidien Ventures investing now?

No investments in the last 12 months; the latest was in Aug 2013.

Who does Covidien Ventures invest alongside?

Most often SV Life Sciences (2 rounds together).

What kind of investor is Covidien Ventures?

Covidien Ventures is a corporate VC based in United States.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it