# Treo Ventures: portfolio, investments and team > Treo Ventures is a vc firm based in United States. 6 investments on record, latest Oct 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/treo-ventures (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Treo Ventures Last cheque observed Oct 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email VC firm Quiet Last fund, Sept 2022 Series A Series B Growth Sustainability Underserved Bioimaging Follow Treo Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ftreo-ventures) Cheques on record **0%** of best year **0** **cheques in 12 months**, 6 on record Since the last cheque **381** days **00** hrs **00** min **00** sec Median round **$28M** Rounds led **2 of 6** Mostly in **United States, 100%** Pitch Treo Ventures ## Treo Ventures highlights - 01 6 rounds on record - 02 Mostly Series A and Series B: 67% of its rounds - 03 Led 2 rounds ## What they do > We focus on medical device and digital health innovation that can significantly impact human life. We invest in companies based in US and Europe through our offices located in Silicon Valley and Ireland. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Series A Series B Growth - **Sectors:** Sustainability Underserved Bioimaging - **Based in:** Santa Clara, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **6 appearances** - **2025** 2 rounds - **Oct** **[SecondWave Systems](https://millionrounds.com/company/secondwave-systems)** Series A · US · Firms' own news pages **Undisclosed** With 4 others - **Apr** **[SecondWave Systems](https://millionrounds.com/company/secondwave-systems)** Series A · US · Firms' own news pages **$7.0M** *Led* - **2024** 4 rounds - **Oct** **[ShiraTronics](https://millionrounds.com/company/shiratronics)** Series B · US · Seroba Life Sciences **$66M** With 7 others - **Jul** **[NeuSpera Medical](https://millionrounds.com/company/neuspera-medical)** Series D · US · Firms' own news pages **$23M** *Led* - **Apr** **[iVEAcare](https://millionrounds.com/company/iveacare)** Series A · US · Firms' own news pages **$28M** With 2 others - **Jan** **[Noctrix Health](https://millionrounds.com/company/noctrix-health)** Series C · US · Firms' own news pages **$40M** With 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. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** BK **Brad K. Vale** A Managing Member of the General Partner i Filing they signed MK **Mudit K. Jain** A Managing Member of the General Partner i Filing they signed We also hold **2** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$195M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** TREO Ventures, LLC - **SEC number:** CRD 299417 ## What they claim to have backed From their own portfolio page (on their website) **7** of 10 we have independently watched raise [Avivomed](https://millionrounds.com/company/avivomed)[Iveacare](https://millionrounds.com/company/iveacare)[Neochord](https://millionrounds.com/company/neochord)[Neuspera](https://millionrounds.com/company/neuspera)[Noctrixhealth](https://millionrounds.com/company/noctrix-health)[Presspogo](https://millionrounds.com/company/intuity-medical)[Shiratronics](https://millionrounds.com/company/shiratronics) Intervene-med Nuxcel Secondwaveus Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. Latest fund on file **Raised** a fund in Sept 2022 From its SEC filing. Nothing newer is on file yet. ## The cheque Series A Series B Growth Median round joined **$28M** the round, not its cheque Led 2 of 6 rounds **33%** - **Sole investor:** Never alone - **Last cheque:** Oct 2025 Rounds by stage said on their site - Series A said *3* - Series B said *1* - Series C *1* - Series D *1* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [A Major Healthcare Strategic](https://millionrounds.com/fund/a-major-healthcare-strategic) 2 - [Scientific Health Development](https://millionrounds.com/fund/scientific-health-development) 2 - [Sectoral Asset Management](https://millionrounds.com/fund/sectoral-asset-management) 2 **Pitching Treo Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Treo Ventures. A count of rooms they were both in, not a relationship either has claimed. [**A Major Healthcare Strategic** VC firm **2** rounds together](https://millionrounds.com/fund/a-major-healthcare-strategic)[**Scientific Health Development** VC firm **2** rounds together](https://millionrounds.com/fund/scientific-health-development)[**Sectoral Asset Management** Private equity **2** rounds together](https://millionrounds.com/fund/sectoral-asset-management) ## Recently backed The latest companies Treo Ventures put money into. [**ShiraTronics** $66M · Oct 2024](https://millionrounds.com/company/shiratronics)[**Noctrix Health** $40M · Jan 2024](https://millionrounds.com/company/noctrix-health) ## Quick answers about Treo Ventures ### What does Treo Ventures invest in? Treo Ventures invests most often at Series A and Series B (67% of the rounds on record), in sectors such as Sustainability, Underserved and Bioimaging. ### How active is Treo Ventures? 6 investments on record, 0 of them in the last 12 months, and it led 2. The most recent was in Oct 2025. ### What has Treo Ventures invested in recently? Its most recent investments on record: SecondWave Systems (Series A, Oct 2025), ShiraTronics (Series B, Oct 2024) and NeuSpera Medical (Series D, Jul 2024). ### How big are Treo Ventures's cheques? The median round it joins is $28M. ### Does Treo Ventures lead rounds? Yes: it led 2 of its 6 investments on record (33%). ### Where does Treo Ventures invest? Most of the companies it backs are in the United States (100%). ### Is Treo Ventures investing now? No investments in the last 12 months; the latest was in Oct 2025. ### Who does Treo Ventures invest alongside? Most often A Major Healthcare Strategic (2 rounds together), Scientific Health Development (2 rounds together) and Sectoral Asset Management (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=treo-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=treo-ventures)