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§ Private Profile · Pleasanton, CA, USA
Medical device company developing kidney stone treatment solutions, including the CVAC System, for urologists. Over 20,000 patients treated.
Founded in 2016, Calyxo is a medical device company based in Pleasanton, California, that develops the CVAC System for the steerable ureteroscopic renal evacuation of kidney stones. The organization operates with a workforce of 201 to 500 employees and generates over 105 million dollars in annual revenue by selling its surgical equipment to practicing urologists and healthcare facilities. As of October 2025, medical professionals have successfully utilized these innovative treatment solutions to treat more than 20,000 patients suffering from this painful urological condition. The enterprise is backed by venture capital investors including Questa Capital and recently appointed Dana G Mead Jr, the former president and chief executive officer of HeartFlow and BVI, to its board of directors. Led by experienced medical device executives, the firm continues to establish new standards in urology care while safely and efficiently treating patients.
Calyxo has raised $83.0M across 2 funding rounds.
Calyxo has raised $83.0M in total across 2 funding rounds.
Calyxo, Inc. is a commercial-stage medical device company developing innovative solutions for kidney stone treatment. Founded in 2016 and headquartered in Pleasanton, California, it focuses on the CVAC System, the world's first all-in-one device enabling the SURE (Steerable Ureteroscopic Renal Evacuation) procedure—a minimally invasive approach combining laser lithotripsy, irrigation, and vacuum aspiration for complete stone clearance.[1][3][7] This addresses kidney stones, a painful condition consuming significant healthcare resources, serving urologists and patients by improving safety, efficiency, and outcomes.[1][3] Recent growth includes treating over 20,000 patients, launching a second-generation CVAC System with Reverse Deflection for enhanced control, and presenting breakthrough two-year ASPIRE data at WCET 2025.[2][4]
Calyxo was founded in February 2016 to tackle the unmet need for better kidney stone treatments, a common issue burdening healthcare systems.[1][3] Leadership includes CEO Joe Catanese III, PhD, a co-founder of NeoTract (inventor of the UroLift System for BPH, acquired for $1.1B by Teleflex), with a PhD in Bioengineering from UC Berkeley/UC San Francisco.[5] CFO Doug Hughes brings experience from four medtech exits, including NeoTract, while SVP of R&D Ryan Connolly has 23 years in device development.[5] Backed by investors like Questa Capital (founded by Ryan Drant, ex-NEA partner with $1B+ in healthcare deployments), the team leveraged urology expertise for early commercialization.[1][6] Pivotal traction came from launching the CVAC System, rapid adoption, and milestones like 20,000 patients treated by October 2025.[2]
Calyxo rides the endourology wave, targeting kidney stone disease amid rising demand for minimally invasive devices that reduce retreatment rates and healthcare costs.[1][3][4] Timing aligns with fluid aspiration market growth and evidence-based shifts from legacy ureteroscopy, as CVAC's data proves superior evacuation and outcomes.[2][4] Favorable forces include urologist adoption (20,000+ patients in ~15 months post-launch) and investor interest in commercial medtech, evidenced by pre-IPO shares via EquityZen and Questa backing.[2][6] It influences the ecosystem by accelerating innovation—e.g., Reverse Deflection unlocks broader use—and generating multicenter research that could standardize SURE, easing physician burden and improving patient peace of mind.[3][4]
Calyxo's momentum—20,000 patients, product iterations, and robust data—positions it for expansion, potentially via FDA clearances, international launches, or acquisition by medtech giants eyeing urology.[2][4] Trends like AI-assisted imaging and value-based care will amplify CVAC's efficiency edge, while endourology conferences signal growing consensus on SURE.[4] Influence may evolve from disruptor to market leader, reimagining stone care as Calyxo delivers on its vision of one-time treatments, building on a foundation of proven innovation and team excellence.[1][3][7]
Calyxo has raised $83.0M across 2 funding rounds. Most recently, it raised $50.0M Series D in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 12, 2023 | $50M Series D | Jacob Garfield | CRG, Questa Capital | Announced |
| Jul 1, 2022 | $33M Series C | Questa Capital, Luke Duster | JAZZ Venture Partners | Announced |
Calyxo has raised $83.0M in total across 2 funding rounds.
Calyxo's investors include Jacob Garfield, CRG, Questa Capital, Luke Duster, Jazz Venture Partners.