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Owl Manor Medical, LLC (dba Owl Manor Veterinary) – Point-of-Care Regenerative Medicine Completes $1.2 Million Series A Financing
- Blog,
August 25, 2016
Warsaw, Ind. – Owl Manor Veterinary, based in Warsaw, Indiana recently completed its $1.2 million Series A Preferred Financing, which included an investment by Indianapolis-based Elevate Ventures. Owl Manor Veterinary’s point-of-care regenerative medicine technologies treat soft tissue and joint injuries commonly occurring in companion animals (equine and canine).
“Warsaw Indiana has a strong asset base in creating and growing companies with innovative therapeutic solutions,” said Chris LaMothe, chief executive officer of Elevate Ventures. “We are excited to support Owl Manor Veterinary’s continued market growth from the Orthopedic Capital of the World.”
Stem cells, platelets, and growth factors are central to joint treatment and wound healing. Owl Manor Veterinary’s Autologous Cellular Therapy (ACT™) portfolio of regenerative biologic products offers the convenience of point-of-care with high yield and clinically proven effectiveness. Blood and other tissues are harvested from the patient and processed on-site into platelets, biologically active tissue-derived growth factors (including IL1-ra/IRAP), or stem cells for administration. Total time required is less than 30 minutes. This offers convenience to the caregiver, cost savings to the owner, reduced stress to the patient, as well as reduced risk of tracking errors and disease transmission.
“With our operations based in northern Indiana, we are pleased to have Elevate Ventures as an investor in Owl Manor Veterinary. We look forward to a collaborative relationship and the supportive resources available through Elevate Ventures,” said Mark Schindel, chief executive officer of Owl Manor Medical.
About Owl Manor Medical
Owl Manor Medical is a privately held medical device company dedicated to soft tissue and joint preservation of companion animals (equine and canine). We are committed to innovative, effective, and efficient treatment through a combination of regenerative medicine, point-of-care autologous biologics, complimentary technologies. www.omveterinary.com
About Elevate Ventures
Elevate Ventures is a private venture development organization that nurtures and develops emerging and existing high-potential businesses into high-performing, Indiana-based companies. Elevate Ventures accomplishes this by providing access to capital, rigorous business analysis and robust advisory services that connect companies with the right mix of resources businesses need to succeed long-term. To learn more about Elevate Ventures, its team and its funds under management, visit www.elevateventures.com
Media Contacts
Karla Leach (Owl Manor Medical) karla.leach@owlmanormedical.com or 888-925-8269
Alex Bowers (Elevate Ventures) abowers@elevateventures.com or 317-975-1902
Copyright © 2016 Elevate Ventures, All rights reserved.
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