Venus Concept Ltd.

www.venus.ai

Formerly Venus Technologies

High-Tech Company
Public Company

(NASDAQ CM: VERO)

TECH VERTICALS

Aesthetics, Artificial Intelligence, Healthtech, Life Sciences, Medical Devices, MedTech, Robotics

General Data

Sector	Medical Devices
Company Stage:	Revenue Growth
Established	2009
Number of Employees	434
Employees in Israel	53
Reg. Number:	abCDe

DESCRIPTION

Venus Concept is an innovative global medical aesthetic technology leader with a broad product portfolio of minimally invasive and non-invasive medical aesthetic and hair restoration technologies and reaches over 60 countries and 12 direct markets. Venus Concept's product portfolio consists of aesthetic device platforms, including Venus Versa, Venus Versa PRO, Venus Legacy, Venus Velocity, Venus Viva, Venus Glow, Venus Bliss, Venus Bliss MAX, Venus Epileve, Venus Viva MD and AI.ME. Venus Concept's hair restoration systems include NeoGraft® and the ARTAS iX® Robotic Hair Restoration system.

TECHNOLOGY

Medi-aesthetics technologies, Minimally invasive / non-invasive.

Products and Phases

Product	Phase
Venus Legacy™	FDA Approved CE Approved
Venus Legacy™ body contouring machine – features four applicators: OctiPolar™ and 4D Body for larger areas, and DiamondPolar™ and 4D Face for smaller areas. All four applicators are powered by proprietary (MP)2 technology with the synergistic combination of Multi-Polar Radio Frequency (RF) and Pulsed Electro Magnetic Fields (PEMF). The OctiPolar™ and DiamondPolar™ applicators are most suited for skin tightening and wrinkle reduction. The 4D Body and 4D Face applicators are equipped with novel VariPulse™ technology, which makes them most effective for body contouring and cellulite reduction.
Venus Velocity™	FDA Approved CE Approved
Venus Velocity™ laser hair removal system, with the proven efficacy of diode laser technology and a real-time cooling system, provides the optimal balance between high energy absorption of melanin chromophores and deep penetration into the skin, making it safe and effective for all skin types, including tanned skin.
Venus Freeze Plus™	FDA Approved CE Approved
Venus Freeze Plus™ features two applicators: DiamondPolar™ for smaller treatment areas and OctiPolar™ for larger areas. Both of these lightweight, ergonomically designed applicators are powered by our proprietary (MP)2 technology, combining the proven efficacy of Multi-Polar Radio Frequency with Pulsed Electro Magnetic Fields. It also features two advanced safety features-Real-Time Thermal Feedback and Automatic Temperature Control-for enhanced patient safety and improved ease of use for the operator.
Venus Skin™	FDA Approved CE Approved
The Venus Skin™ skin care line includes a collection of products and kits that have been expertly formulated to help improve texture, combat photoaging, and speed up healing post-treatment with all of its energy-based Venus Concept devices.
Venus Versa™	FDA Approved CE Approved
Venus Versa™ multi-treatment system is a versatile multi-application platform that provides the most popular, non-invasive aesthetic procedures, including photorejuvenation/photofacial, acne treatment, hair removal, skin resurfacing, body contouring, cellulite reduction, skin tightening, and wrinkle reduction. It offers three unique technologies: Intense Pulsed Light (IPL) with SmartPulse™, NanoFractional Radio Frequency with SmartScan™, and Venus Concept's proprietary (MP)2 technology (Multi-Polar Radio Frequency + Pulsed Electro Magnetic Fields).
Venus Heal™	FDA Approved CE Approved
Venus Heal™ features innovative RP3 technology, which is the synergistic combination of Multi-Polar Radio Frequency and Pulsed Electro Magnetic Fields, along with massage, to effectively treat soft tissue injuries and conditions. Venus Heal™ is a non-invasive system for the treatment of acute and chronic disorders of the musculoskeletal system, such as muscle spasms, back pain, and soft tissue injuries, such as those brought on by sports injury, joint pain, and stiffness in other areas of the body. It increases tissue temperature and results in pain relief, myorelaxation, increase of local blood circulation, and reduced edema. Venus Heal™ features two ergonomic applicators—Small and Large—with an innovative multi-polar electrode arrangement and unique smart electrode coupling algorithm. Both applicators deliver therapeutic treatments using innovative RP3 technology, which is made up of three components: Multi-Polar Radio Frequency, Pulsed Electro Magnetic Fields, and mechanical manipulation or massage.
Venus Glow™	FDA Approved CE Approved
Venus Glow™ dermal rejuvenation system - Venus Glow™ provides a powerful tri-modality treatment that simultaneously opens up and deep-cleans pores for skin that feels noticeably healthier and cleaner with a natural glow after each treatment. Venus Glow™ works with one lightweight applicator that uses a tri-modality dermal system consisting of a vacuum, 360-degree rotating tip, and two jet streams of saline.
Venus Bliss™	FDA Approved CE Approved
Venus Bliss™ is a comprehensive solution for the fat reduction category with no usage fees per treatment. It employs diode laser applicators to effectively target fat, and an (MP)2 applicator that combines Multi-Polar Radio Frequency and Pulsed Electro Magnetic Fields with advanced VariPulse™ technology to reduce cellulite around the abdomen, buttocks, and thighs for a smoother, more contoured appearance.
ARTAS iX™	FDA Approved CE Approved
The ARTAS iX™ robotic hair restoration system is the world’s only comprehensive intelligent solution to offer precise, repeatable harvesting with simultaneous recipient site-making and implantation functionality in one compact platform.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Physicians, Spas, Aesthetics & Health Clinics.

	BUSINESS MODEL
	B2B

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Law Firm
abC Defghij	Law Firm
abC Defghij	Law Firm
abC Defghij	Accounting Firm
abC Defghij	Patent Attorneys
abC Defghij	Law Firm

CONTACT INFO

Expand / Collapse All

Main Address: Toronto, ON, Canada

Address	235 Yorkland Blvd., Suite 900
City	Toronto, ON
Country	Canada
Zip	M2J 4Y8

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Bnei Brak, Israel

Address	9 Ze'ev Jabotinsky St.
City	Bnei Brak
Country	Israel
Zip	5126418

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Yoqneam Ilit, Israel

Address	1 Hamelacha St.
City	Yoqneam Ilit
Country	Israel
Zip	2069812

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Weston, United States

Address	1880 N Commerce Parkway, Suite 2
City	Weston
State/Province	FL
Country	United States
Zip	33326

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Monterrey, Mexico

Address	AV. General Pablo Gonzalez No. 500. 4to piso, Col. San Jeronimo
City	Monterrey
Country	Mexico
Zip	64640

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Charlotte, United States

Address	1415 S Church Street, Suite C
City	Charlotte
State/Province	NC
Country	United States
Zip	28209

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Bogota, Colombia

Address	Calle 110 No.9-25 Oficina 606, Torre Empresarial Pacific
City	Bogota
Country	Colombia

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Buenos Aires, Argentina

Address	Federico Lacroze 2252 CP 1428
City	Buenos Aires
Country	Argentina
Zip	CP 1428

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: San Jose, United States

Address	128 Baytech Drive
City	San Jose
State/Province	CA
Country	United States
Zip	95134

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Kowloon, Hong Kong

Address	Units 2608-9, 26/F, Prosperity Place, 6 Shing Yip St., Kwun Tong
City	Kowloon
Country	Hong Kong

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Shanghai, China

Address	Room 1506, Ginza Block, Yong Feng Plaza, No 98 South Wan Ping Road, Xuhui District
City	Shanghai
Country	China
Zip	200030

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Osaka, Japan

Address	#805 Okada Building 1-16-17 Morinomiyachuo Chuo-ku
City	Osaka
Country	Japan
Zip	540-0003

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Tokyo, Japan

Address	6F Daiichi Zao Bld., 2-3-4, Bakuro-cho, Nihonbashi, Chuo-ku
City	Tokyo
Country	Japan
Zip	103-0002

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Gujarat, India

Address	Suite- 318 -319, Green Elina, Anand Mahal Road, Adajan., Surat
City	Gujarat
Country	India
Zip	395009

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Jakarta, Indonesia

Address	Ruko Business Park Kebon Jeruk Blok B11, Jl. Meruya Ilir Raya No. 88 Kel. Meruya Utara, Kec. Kembangan
City	Jakarta
Country	Indonesia
Zip	11620

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Singapore, Singapore

Address	16 Collyer Quay, #18-00 Income At Raffles
City	Singapore
Country	Singapore
Zip	049318

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Jakarta, Indonesia

Address	Ruko Business Park Kebon Jeruk Blok B11, Jl. Meruya Ilir Raya No. 88, Kel. Meruya Utara, Kec. Kembangan
City	Jakarta
Country	Indonesia
Zip	11620

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Seoul, South Korea

Address	67 Naruteo-ro, Seocho-gu
City	Seoul
Country	South Korea

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Ho Chi Minh City, Vietnam

Address	Halo Building, 92D Nguyen Huu Canh, Ward 22, Binh Thanh District
City	Ho Chi Minh City
Country	Vietnam

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Sydney, NSW, Australia

Address	Suite 1.02/ 14 Aquatic Drive, Frenchs Forest
City	Sydney, NSW
Country	Australia
Zip	2086

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Paris, France

Address	Venus Concept France Le Carré Haussmann Evry 52 Boulevard de l’Yerres, Evry-Courcouronnes
City	Paris
Country	France
Zip	91000

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Inning am Ammersee, Germany

Address	Wildmoos 7
City	Inning am Ammersee
Country	Germany
Zip	82266

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: London, United Kingdom

Address	4th Floor, No.1 Farriers Yard, 77-85 Fulham Palace Road
City	London
Country	United Kingdom
Zip	W6 8JA

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Madrid, Spain

Address	Calle Salcedo 10 – 2ª planta
City	Madrid
Country	Spain
Zip	28034

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Rome, Italy

Address	Via Giovanni Gastaldi, 42
City	Rome
Country	Italy

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: St. Petersburg, Russia

Address	Finlandskij Prospekt 4A
City	St. Petersburg
Country	Russia
Zip	194044

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Nur-Sultan, Kazakhstan

Address	2 Dostyq St., Hotel ” Marriott” , 2 Floor, Nur-Sultan
City	Nur-Sultan
Country	Kazakhstan
Zip	010016

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Sofia, Bulgaria

Address	1 Alexander Jendov Str., office 15
City	Sofia
Country	Bulgaria
Zip	1113

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Durban, South Africa

Address	Liberty Life Building, 21 Aurora Drive, Umhlanga Ridge
City	Durban
Country	South Africa
Zip	4301

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Rajiv De Silva	CEO
Mr. Domenic Della-Penna	CFO
Ms. Anna Georgiadis	Chief Human Resources Officer
Mr. Ofer Adi	Head of R&D, Energy Based Devices, Development	Viora (VP, Engineering)
Mr. Oded Ron-Edoute	Co-Founder	Radiancy (President, Asia & Europe)
Ms. Orit Ron-Edoute	Co-Founder	Proteologics (VP, Business Development & Marketing)
Mr. Domenic Serafino	Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	Managing Director, Longitude Capital
abC Defghij	Board Member	Partner, Aperture Venture Partners
abC Defghij	Board Member	Chair of Audit Committee
abC Defghij	Board Member	Partner, Dovere Advisory Group, LLC
abC Defghij	Board Member	Managing Director, EW Healthcare Partners
abC Defghij	Board Member	Founder and Managing Partner, HealthQuest Capital

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Reverse Merger

Nov. 07, 2019

Revenue Growth

abCDe

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
Feb. 27, 2024	Second Public Offering	NASDAQ CM	abCDe	abCDe	Registered Direct Offering

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

Expand / Collapse All

Round

Date

Stage

Amount

Valuation

PIPE

May. 28, 2024

Revenue Growth

abCDe

Venus Concept exchanged $35.0m of its senior debt held by Madryn Asset Management for shares of the company. The origin of the debt is a Loan and Security Agreement (Main Street Priority Loan), dated December 8, 2020.

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Investment Company	abCDe

PIPE

Nov. 07, 2019

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Private Equity Fund	abCDe
abC Defghij	Other	abCDe

Venture Lending

Jul. 09, 2019

Revenue Growth

abCDe

Second Round

Jul. 10, 2017

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Private Equity Fund	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe

Venture Lending

Nov. 03, 2015

Initial Revenues

abCDe

Secondary Deal

Jul. 01, 2015

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Aperture purchased equity positions in Venus Concept through the purchase of shares directly from the company co-founders. As a result, 40% of the Company is now owned by Longitude, Aperture and Deerfield Capital Management LLC.

First Round

May. 22, 2014

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Private Equity Fund	abCDe
abC Defghij	Investment Company	abCDe

Seed

Apr. 01, 2013

Seed

abCDe

	PORTFOLIO COMPANIES

Historic Portfolio (2)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Adabra

Ceased to Operate

Ent. SW

Seed

01/06/2008

N/A

Innogen

Ceased to Operate

Seed

01/12/2015

N/A

Last Updated:	abCDe
IVC Number:	abCDe