Breaking: Inquis Medical closes $75M Series C AVENTUS wins FDA 510(k) clearance for pulmonary embolism Zero device-related adverse events in 130-patient trial 68.9% of PE patients out of ICU in under 24 hours $115M raised to date TrueClot sensing: the catheter that tells clot from vessel wall Breaking: Inquis Medical closes $75M Series C AVENTUS wins FDA 510(k) clearance for pulmonary embolism Zero device-related adverse events in 130-patient trial 68.9% of PE patients out of ICU in under 24 hours $115M raised to date TrueClot sensing: the catheter that tells clot from vessel wall
Company Dossier • Medical Devices
Inquis Medical logo

Inquis Medical

A catheter that can feel the difference between blood, a clot, and the wall of your artery - and gives the blood back while it works.

A logo, a webp file, a $115 million company. Menlo Park, California: two founders who have started this kind of thing five times before decided pulmonary embolism deserved a better tool, and then spent six years quietly building one.

Founded 2020 Menlo Park, CA ~80 employees Series C
The Pitch

The business of removing what shouldn't be there

Pulmonary embolism is a boring name for a terrifying event. A clot, usually formed somewhere in the legs, breaks loose, travels north, and lodges in the arteries of the lungs. The heart, suddenly pushing against a wall, starts to fail. It is one of the more common ways cardiovascular disease kills people, and for a long time the tools for pulling the clot back out were, to put it charitably, blunt instruments.

Inquis Medical, a company in Menlo Park, sells a less blunt instrument. It is called the AVENTUS Precision Thrombectomy System, and its central conceit is a good one: the catheter can sense what it is touching. Blood, clot, or vessel wall - the device gives the physician real-time feedback, a feature the company brands TrueClot. If you have ever wondered how much of interventional medicine is done by feel and educated guessing inside a blood vessel you cannot see, the answer is: more than you would like. AVENTUS is a bet that the tool should supply the answer instead of the operator's intuition.

By The Numbers

What the money and the trial say

$115M
Total funding raised
130
Patients in pivotal PE trial
0
Device-related MAEs at 48h
0.8
Mean ICU days
The Long Version

Improve the system, improve the outcome

There is a category of medical device company that exists to make an existing procedure marginally less bad, and there is a smaller category that tries to redesign the procedure around a single stubborn problem. Inquis, founded in 2020, is the second kind. Its stated philosophy - "improve the system, improve the outcome" - reads like a platitude until you look at what the system actually does.

Consider blood loss. Mechanical thrombectomy, the act of physically hauling a clot out of a vessel, tends to remove a fair amount of the patient's blood along with the clot. Hospitals plan around this; sometimes they transfuse. AVENTUS includes what the company calls a Clot Management System, which reinfuses the patient's own blood during the procedure. It is autologous, meaning your blood goes back into you. This is not a flashy feature. It is the kind of unglamorous engineering that a founding team obsessed with the whole procedure, rather than a single heroic moment of it, tends to produce.

Then there is the sensing. The TrueClot technology gives the operator a running read on whether the catheter tip is against flowing blood, a clot, or the vessel wall. In a field where a wrong move can perforate an artery, telling the physician what they are touching is genuinely useful. It is also the sort of thing that is easy to describe and hard to build, which is a decent description of most of what Inquis does.

The company ran a pivotal trial - 130 patients with intermediate-risk pulmonary embolism, more than 20 sites across the United States, single-arm, prospective. The results were the kind that make regulators comfortable. The primary safety performance goal allowed for a 25% rate of device-related major adverse events at 48 hours. AVENTUS reported zero. On efficacy, patients showed a mean 0.47 reduction in the ratio of right-ventricle to left-ventricle size - a standard proxy for how hard the heart is straining - within 48 hours. The results were presented as a late-breaker at the 2025 SCAI meeting and published in the society's journal, JSCAI.

The economics matter too, because devices that are merely good medicine do not always get adopted. AVENTUS reported a mean ICU stay of 0.8 days, with 68.9% of patients out of intensive care in under 24 hours. Shorter ICU stays are the sort of number a patient feels and a hospital's finance department notices. Inquis has built a product that is plausibly good for both, which is the whole game in medtech adoption.

In June 2025 the FDA granted 510(k) clearance for AVENTUS to treat pulmonary embolism, expanding on an earlier clearance for the peripheral vasculature. In January 2026 the company closed a $75 million Series C from an undisclosed strategic investor, bringing total funding to roughly $115 million. The money, the company says, is for scaling commercial adoption nationwide and funding a next-generation pipeline. Which is to say: they have proven the device works and now have to convince a lot of hospitals to buy it.

"Care without compromise - because every minute and every drop counts."
Inquis Medical company tagline
The People

Founders who have done this before

Inquis is run by Vahid and Mojgan Saadat, a married pair of serial medical device entrepreneurs who serve as co-CEOs. Between them they have started and run companies together for more than two decades - which is either a sign of unusual conviction or unusual stubbornness, and in medtech those are often the same thing.

Vahid Saadat

Co-Founder & Co-CEO

A serial medical device entrepreneur with 25+ years of experience. Previously founded or co-founded Arrinex, Voyage Medical, Baxano, USGI, and AngioTrax - a long track record of building companies around unmet clinical needs.

Mojgan Saadat

Co-Founder & Co-CEO

An experienced startup entrepreneur who co-founded Arrinex and CogniTX and served as a partner at Nidus Medical. Co-leads Inquis alongside Vahid, bringing operating and venture-building experience to the company.

What They Make

The AVENTUS platform

Flagship System

Precision Thrombectomy System

The core device for removing clot burden in pulmonary embolism and deep vein thrombosis, built around proprietary TrueClot tissue sensing for real-time feedback distinguishing blood, clot, and vessel wall.

Access

AVENTUS Introducer Sheath

An access sheath engineered to minimize blood loss during the insertion of endovascular devices - part of the company's whole-procedure approach to blood conservation.

Blood Return

Clot Management System

An autologous reinfusion system that returns a patient's own blood during the thrombectomy procedure, reducing the blood loss that typically accompanies mechanical clot removal.

The Evidence

AVENTUS pivotal trial, in bars

Safety: device-related MAEs at 48h

Lower is better • performance goal 25%
Performance goal25%
AVENTUS result0%

Recovery: ICU discharge speed

Share of patients • higher is better
Out of ICU < 24h68.9%
RV/LV ratio reduction0.47 mean

Source: AVENTUS pivotal trial, n=130 intermediate-risk PE patients, published in JSCAI (2025). Bar widths are illustrative.

Follow The Money

Funding history

RoundAmountDateSelected investors
Series C$75MJan 2026Undisclosed strategic investor
Earlier rounds~$40M2020–2025Versant Ventures, Marshall Wace, ShangBay Capital, Yu Star, EnPointe Ventures
Total to date$115M
The Timeline

Six years, four milestones

2020

Founded in Silicon Valley

Vahid and Mojgan Saadat launch Inquis Medical in Menlo Park to build better tools for venous thromboembolic disease.

2024

Pivotal PE trial enrolls

The company enrolls 130 intermediate-risk pulmonary embolism patients across 20+ U.S. sites in its pivotal IDE trial.

2025

Trial success and FDA clearance

AVENTUS meets its primary safety and efficacy endpoints, results are published in JSCAI, and the system wins FDA 510(k) clearance for pulmonary embolism.

2026

$75M Series C to scale

Inquis closes a $75 million Series C, bringing total funding to $115M to expand nationwide adoption of AVENTUS.

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Interviews & product demos

Questions

Frequently asked

What does Inquis Medical make?
The AVENTUS Precision Thrombectomy System, a mechanical clot-removal device for treating pulmonary embolism (PE) and deep vein thrombosis (DVT), along with an introducer sheath and an autologous blood reinfusion clot management system.
Who founded Inquis Medical?
It was founded in 2020 by Vahid Saadat and Mojgan Saadat, a married pair of serial medical device entrepreneurs, who serve as co-CEOs. It is headquartered in Menlo Park, California.
What makes the AVENTUS system different?
Its proprietary TrueClot tissue-sensing technology gives physicians real-time feedback to distinguish between blood, clot, and vessel wall, and it reinfuses the patient's own blood to minimize blood loss during the procedure.
Is AVENTUS FDA cleared?
Yes. AVENTUS received FDA 510(k) clearance for treatment of pulmonary embolism in 2025, expanding on its earlier clearance for use in the peripheral vasculature.
How much funding has Inquis Medical raised?
Approximately $115 million in total, including a $75 million Series C announced in January 2026, with investors that have included Versant Ventures, Marshall Wace, ShangBay Capital, Yu Star, and EnPointe Ventures.
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