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Corvida 20logo

Corvida Medical

Proprietary medical devices enabling safer, more efficient and user-friendly preparation, delivery, & disposal of hazardous pharmaceuticals.

  • Stage $500K in TTM Revenue
  • Industry Medical Devices and Equipment
  • Location Iowa City, IA, USA
  • Currency USD
  • Founded February 2008
  • Employees 15
  • Incorporation Type C-corp
  • Website corvidamedical.com

Company Summary

Corvida Medical provides innovative technologies that optimize the safe handling of hazardous medications. The company is committed to creating affordable solutions that ensure safety and improve productivity, enabling healthcare providers to deliver the highest quality care to patients.

Team

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    Kent Smith
    CEO

    Smith is a successful medical device industry executive with over 30 years of global business creation, leadership, and commercialization experience in both large corporate and emerging start-up environments. Kent helped lead a medical device start-up company from $0-30 million resulting in $300 million acquisition (>10x sales). Previously, Kent managed the explosive growth of a device business at Baxter from $0-250 million in sales in two years.

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    John Slump
    CFO & Co-Founder

    Slump brings 10+ years experience in capital raising and investor relations with a strong background in corporate accounting, equity analysis, and financial modeling, with prior experience as an equity analyst for a university-held portfolio, CFO of a small start-up, and consultant to Fortune 500 senior finance executives. Slump has led fundraising efforts, sourced millions in non-dilutive funding, to include $5M NCI and private investor capital.

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    Jared Garfield
    CTO & Co-Founder

    Garfield brings 10+ years experience in the medical device field leading diverse teams in collaboration with field training, product development, and business strategy. Garfield has a strong background in information technology, engineering, and business management. His primary focus is managing customer implementations, marketing program, and company's information systems, as well as expanding the company’s intellectual property portfolio.

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    Dr. Prasad Sunkara
    Chairman of the Board

    Dr. Sunkara is a successful serial entrepreneur with 30 years of corporate, financing, research, development and management experience and has been involved with ten successful life science/medical device start-up companies. He was the CEO or Founder of six of those companies, Dr. Sunkara gained valuable experience in business development, financing, mergers and acquisitions as an officer helping to return significant value to shareholders.

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    Dana Schramm, BS, MBA
    COO

    Dana Schramm brings over 20 years of experience in manufacturing, working at companies ranging from $1M to over $1B in sales. The last 17 years have been exclusively in Medical Device Manufacturing, where Dana has managed teams of up to 100 people and held executive positions in Engineering and Operations. Dana brings broad technical skills combined with proficient business acumen and is the most recent addition to the Corvida Medical team.

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    Pat Mascari
    VP Sales

    Over 20 years of sales experience and 15 years specifically in the medical device start-up space. His track record includes Suros Surgical, where Patrick was part of the sales leadership team whose efforts resulted in the company being acquired by Hologic Inc. for over $300 million, 10 times Suros’s sales. In his role, Patrick helped define sales strategies and drive hyper-growth revenue achievement while taking on increasing responsibility.

Advisors

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    Bill McCartan (NDLS '91), AV-rated corporate & securities attorney
    Lawyer
    Unconfirmed
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    Erik Bonstrom, CPA, LWBJ, LLP
    Accountant
    Unconfirmed
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    Bruce Zivian, JD, Partner, Perkins Coie
    Unconfirmed

Previous Investors

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    CMA Ventures, River Glen Private Capital
    Unconfirmed
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    Nebraska Angels, Plains Angels, Iowa Seed Funds
    Unconfirmed
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    Iowa First Capital Fund, LP II, Members of Eastern Iowa Angels
    Unconfirmed
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    Gopher Angels
    Unconfirmed
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    Brandmeyer Enterprises
    Unconfirmed
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    Stateline Angels
    Unconfirmed