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§ Private Profile · Aliso Viejo, CA, USA
Okami Medical is a technology company.
Okami Medical, Inc. is a privately-held medical device company focused on developing innovative devices for occlusion of peripheral vessels, including the LOBO® Vascular Occlusion System.
Okami Medical has raised $89.5M across 4 funding rounds.
Okami Medical has raised $89.5M in total across 4 funding rounds.
Okami Medical is a privately held medical device company developing innovative catheter-based technologies for peripheral vascular occlusion, primarily the LOBO Vascular Occlusion System and complementary Sendero delivery catheters. These products serve interventional radiologists and vascular specialists treating peripheral arterial conditions, solving the problem of inefficient embolization by providing a single-device, rapid-occlusion solution that eliminates the need for multiple coils or plugs, enabling treatment of vessels from 1.5 to 9 mm.[1][2][3][5] The company demonstrates strong growth momentum through sequential FDA 510(k) clearances (LOBO-5 in 2020, LOBO-7/9 in 2022), portfolio expansions like Sendero MAX, and substantial funding: $32.5 million in October 2024 led by Vensana Capital, followed by a $45 million oversubscribed round in 2025 led by Gilde Healthcare, supporting commercialization and clinical programs.[1][2][4][6]
Okami Medical was created in 2017 by Inceptus Medical, a proven medical device incubator with a track record of successes including Inari Medical, Sequent Medical (acquired by Terumo in 2016), and MicroVention (acquired by Terumo in 2006).[2][3][5] Formerly known as Inceptus Newco2 and based in Aliso Viejo, California, the company emerged to address unmet needs in peripheral vascular intervention, leveraging neurovascular-derived technologies like HDBraid.[3][7] Early traction included FDA clearance for LOBO-5 in 2020, expansion to larger sizes in 2022, and leadership transitions: Drew Hykes (former Inari Medical CEO) joined as CEO and President in 2025 alongside board additions like Bill Hoffman as Chairman, Geoff Pardo, and Susana Amorim from Gilde Healthcare.[4][6]
Okami rides the trend of advancing peripheral vascular interventions amid rising vascular disease prevalence, driven by aging populations and demand for minimally invasive embolotherapy.[3][4] Timing aligns with post-pandemic procedural volume recovery and a shift from multi-device embolization to efficient, single-use platforms, fueled by market forces like reimbursement for outpatient procedures and investor interest in medtech (evidenced by back-to-back funding rounds totaling ~$77.5 million).[1][4] By innovating from Inceptus's neurovascular expertise, Okami influences the ecosystem through faster occlusion, reduced procedure times/costs, and expanded treatment options, potentially disrupting a fragmented market dominated by legacy coils.[1][2][5]
Okami is poised for accelerated commercialization with $45 million fueling U.S. expansion, further LOBO/Sendero iterations, and clinical data generation to capture share in peripheral embolization.[4] Trends like AI-guided imaging and outpatient shifts will amplify its efficient platform, while leadership from Inari alumni positions it for potential acquisition akin to Inceptus peers. Its influence may evolve from niche innovator to category leader, transforming patient outcomes in vascular care as adoption scales. This builds on Okami's core strength: intuitive devices that make complex occlusions routine.[2][4][5]
Okami Medical has raised $89.5M across 4 funding rounds. Most recently, it raised $45.0M Other Equity in November 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 19, 2025 | $45M Venture Round | — | U.S. Venture Partners, Vensana Capital | Announced |
| Oct 1, 2024 | $33M Series U | — | B Capital Group, U.S. Venture Partners | Announced |
| Jun 1, 2020 | $7M Series D | U.S. Venture Partners | B Capital Group | Announced |
| Jul 25, 2017 | $4.5M Series B | Jonathan Root | — | Announced |
Okami Medical has raised $89.5M in total across 4 funding rounds.
Okami Medical's investors include U.S. Venture Partners, Vensana Capital, B Capital Group, Jonathan Root.