Announced
Completed
Synopsis
Avenue Capital Group, a global investment firm focused on specialty lending, opportunistic credit, and special situations investments, led a $30m Series B round in Voom Medical Devices, a medical device company specializing in minimally invasive bunion surgery solutions. “We are thrilled to partner with Avenue Capital Group, a top-tier institutional financier with deep expertise in scaling high-growth companies. This debt and equity financing not only provides the growth capital necessary to expand our surgeon training program to over 1,000 Bunionplasty surgeons nationwide, but also serves as strong validation of our innovative solutions and strategic vision. With Avenue’s partnership and support, and the backing of other key investors, we are well-positioned to accelerate our commercial momentum, drive year-over-year 3x growth, broaden market adoption, and deliver exceptional value to patients, surgeons, and stakeholders alike," Duncan Seay, Voom CFO and COO.
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