Cleveland-based Indago, a medical device startup, recently raised an additional $1 million in venture funding from undisclosed investors.
The company previously raised $4.5 million of venture funding in June, according to PitchBook, and in 2018 raised $5.5 million from "40 physician champions," according to Indago's profile on StartupHealth.
The company has developed a wireless arthroscopic camera system, according to StartupHealth. "ArthroFree is a wireless surgical camera built around three core technologies: a proprietary, patent-pending light engine; secure FDA/FCC-approved wireless data transfer; and a custom, ergonomic design created with leading physicians. ArthroFree can be implemented without requiring a large upfront investment or time-intensive training, thus reducing administrative barriers to adoption."
Indago, previously known as Infinite Arthroscopy Inc., is led by co-founders CEO Eugene Malinskiy and COO Daniel Dudley.