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iVeena Delivery Systems Inc.

Ophthalmology / Biopharmaceutical Sioux Falls, South Dakota ~340 employees
Founded
--
Employees (Est.)
~340
17 leaders known
Total Funding
$5.3M
Funding Rounds
3
Last Funding
2025-09-18

About iVeena Delivery Systems Inc.

iVeena Delivery Systems, Inc. is a privately held, clinical stage ophthalmology company focused on developing disease-modifying pharmacologic innovations for refractive diseases such as keratoconus and myopia.

Products & Services

IVMED-80:An eye drop for keratoconus, licensed to Glaukos Corporation, with Orphan Drug Designation.
IVMED-85:A first-in-class investigational eyedrop formulation for pediatric myopia.

Specialties

Disease-modifying pharmacologic innovations Refractive disease treatments Pediatric myopia Keratoconus

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Grant
T: -
FT: Grant
A: 2000000
MR: -
FA: $2 million
FAN: 2000000
D: 2025-09-18
FD: 2025-09-18
1 investors
2 RT: Series B-2
T: -
FT: Series B-2
A: 3000000
MR: -
FA: 3 million
FAN: 3000000
D: 2025-02-05
FD: 2025-02-05
-
3 RT: National Eye Institute Phase 1 Small Business Innovative Research (SBIR) Grant
T: -
FT: National Eye Institute Phase 1 Small Business Innovative Research (SBIR) Grant
A: 345000
MR: -
FA: $345,000
FAN: 345000
D: 2023-10-26
FD: 2023-10-26
1 investors
Grant Latest
2025-09-18
$2.0M
1 investor (Pro only)
Series B-2 2025-02-05
$3.0M
National Eye Institute Phase 1 Small Business Innovative Research (SBIR) Grant 2023-10-26
$345K

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

R

Robert Dempsey

Chairman of the Board, Interim-CEO

B

Balamurali Ambati

President, Founder, Director

N

Ned Weinshenker

Chief Operations Officer & Director

M

Michael Burr

Vice President, Product Development

S

Sarah Molokhia

Vice President, Research & Development

J

Jill Tierney

VP, Finance

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Recent News

iVeena Delivery Systems Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Ophthalmology / Biopharmaceutical
Company Size
~340 employees (est.)
Locations
Sioux Falls, South Dakota

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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