April 24th, 2017 - We've been featured in MBJ
A Memphis medical device company has raised $725,000 of seed funding almost one year after the company's founding.
SOMAVAC Medical Solutions, which designs post-surgical solutions for at-home recovery, raised the funding from two Memphis-based lead investors, Innova Memphis Inc. and MB Venture Partners, and a group of undisclosed individual investors. SOMAVAC was incorporated April 28, 2016. Read more.
Conversation With: Esra Roan. Memphis Business Journal, March 10, 2017
Esra was featured in the Memphis Business Journal as a part of their focus on Memphis's medical device and biotechnology Industry. Click here for the full story.
"Esra Roan moved to Memphis in 2007 as a faculty member in the Engineering College at the University of Memphis. She has a diverse background in mechanical engineering, including research at Oak Ridge National Laboratory and a product development engineering role with 3M Precision Optics in Cincinnati. Roan recently co-founded and serves as the CEO of SOMAVAC Medical Solutions Inc., a company that designs and commercializes medical technologies for post-surgical recovery at home. ... "
SOMAVAC Medical attended and pitched in the Seed Track at the New England Venture Summit 2016 on December 7th in Boston, MA. We made many new connections and received extensive feedback on our company and product. Than you Young Startup Ventures for putting this even together.
Josh is continuing on with Delta Regional Entrepreneurship Program. He had a very productive weekend at the Entrepreneurship Bootcamp in Little Rock, AK. We truly appreciate this opportunity! Read more at HuffPost
Memphis startups tapped for regional networks
SOMAVAC Medical was chosen by the Delta Regional Authority as one of the winners of their third annual Delta Challenge. Memphis Business Journal, September 29, 2016
"The winners will receive intensive technical assistance trainings, including development support for their business plans and detailed feedback on their product pitches, as well as the opportunity to pitch at New Orleans Entrepreneur Week on March 11, 2017." Read more ...
100 days of SOMAVAC Medical finished with Demo Day. It was an amazing opportunity that allowed us to grow. Thank you Memphis, StartCo, Zero to 510, and everyone who helped in big and small ways.
"Esra Roan, co-founder of SOMAVAC, which is working on a simplified system of wearable post-surgical fluid drains, said the feedback the company got from patients and doctors has been positive."
You can read the full article at Memphis Business Journal. Requires subscription.
"Josh Herwig pitched another wearable device, this time for outside the hospital, a product of his company SOMAVAC. SOMAVAC’s pilot project is a post-surgical device that changes the way drainage is managed after major surgeries. Current drains are placed for weeks to eliminate fluid buildup after surgery; they are attached to suction bulbs in order to remove, collect, and measure fluids. Problems include efficacy, clogs, and what many patients describe as, “the worst part of their recovery process.” In the U.S. alone, half a million patients receive drains each year, and SOMAVAC believes their wearable ultra-low profile, low-power continuous suction device that is easy to conceal under clothing will eliminate the bulbs all together and replace them with clean, safe, and discreet disposable reservoirs that will save the healthcare system up to a half a billion dollars and restore patients dignity. "
Dr. Roan and Josh start SOMAVAC Medical Solutions and begin the accelerator.