Category Archives: Entrepreneurs

Marc Beer’s Renovia Completes Series B Financing With Over $42 Million

Mark Beer’s Renovia Inc. announced in late August of 2018 the close of over $42 million in financing, which includes $10 and $32.3 million in venture debt and Series B equity respectively. The company focuses on discovering and delivering digital therapeutic as well as devices for women who suffer from pelvic floor disorders. The financing will accelerate the clinical research, and the development and launch of a new digital therapeutic device targeted towards pelvic floor disorders. In addition, the proceeds will be used to support the company’s corporate development as well as future commercial launches.

 

Renovia was established by Marc Beer alongside Yolanda Lorie and Ramon Iglesias, MD in August of 2016. Marc Beer holds a BS degree from the Miami University and has over 25 years of experience when it comes to development and commercialization in areas such as biotechnology and pharmaceuticals. Beer acts as the company’s Chairman and Chief Executive Officer. Prior to co-founding Renovia, Beer held various executive roles for companies such as ViaCell (where he served as the Chief Executive Officer) and Erytech Pharma, and Genzyme. Learn more: https://ideamensch.com/marc-beer/

 

Renovia was founded to develop and commercialize items that can be used for better first-line diagnosis as well as treatment in order to improve the quality of life of millions of women who suffer from pelvic floor disorders. The company’s technology enables treatment through precise visualization of movement in the pelvic area in real time during the training of the pelvic floor muscle, while monitoring progress and usage over time. The company is in pursuit of scalable as well as cost-effective care for pelvic floor disorders provided via digital health.

 

Marc Beer commented on the Series B financing stating that the company is thrilled to have the support of leading investors in the healthcare industry who are sharing their vision to better diagnose, treat and improve the lives of women affected by pelvic floor disorders. He also expressed excitement over the participation of 3 integrated health networks with whom Renovia can partner. Additionally, he stated that the combination of Renovia’s proprietary and innovative sensor technologies and form factors with a platform designed for digital health will provide customers important data which can inform about new treatment options and drive greater understanding of pelvic floor disorders – which can ultimately lower healthcare costs.

 

Marc Beer considers that the funding recognizes the value of Renovia’s innovative digital diagnostic and therapeutic product pipeline that they plan to bring to pelvic floor disorders’ treatment – including urinary incontinence. Urinary incontinence is a common condition across the world and it affects about 250 million women. The company has been committed to the development of a product pipeline that has the therapeutic and diagnostic potential which can end up having a profound positive impact on the lives of women affected by the disorder.

 

It Doesn’t Matter Where You Start, What Matters Is Where You End Up-Louis Chenevert

Louis Chenevert, a renowned Canadian entrepreneur has said that no matter the pedigree, educational background or social status in the community, you can be something people will be looking up to. Louis Chenevert was born in 1958 in Montreal, Canada. His life as a boy followed the pattern of other children in the neighborhood and his parents were not part of the affluent. They led a simple life with normal struggles of raising their children.

As he kept growing up, Louis Chenevert knew what he wanted. He kept telling himself that he would one day be at the top. That is what is happening in his life. To date, Louis has been a production manager at General Motors, an advisor of Goldman Sachs, one of the world’s reputable service companies, and a CEO of United Technologies (UTC) among other positions. Mr. Chenevert acquired the entry-level education that later enabled him to attend classes at HEC Montreal Business School at the University of Montreal where he graduated with a degree in production management. With skills in production management, one is able to major into the production of quality products in large quantities and at a very high speed using the least amount of money.

Now with a degree at hand, Louis Chenevert went out to search for a job. His first job was at General Motors, a motor vehicle assembly plant located at St. Therese, Quebec. While at GM, Louis Chenevert brought many changes to the production department where he was the head. After some time, his friend, Guy Hachey, would give him several responsibilities of oversight. At one point, Guy said of the production, “We were now able to .produce a new vehicle every 60 seconds. There was no room for errors. If we made a mistake, it’d mean 60 defective cars in 60 minutes.”

Louis Chenevert worked for General Motors for 14 years. He later moved to Pratt & Whitney Canada (PWC), an aerospace company that specializes in the production of aircraft engines. Although Louis Chenevert did not have knowledge in aircraft engine production, the company recorded increased production during his tenure. In 1999, Louis Chenevert was named PWC’s president. The company employs over 3,000 workers.

https://www.dailyforexreport.com/louis-chenevert-leadership-investment-innovation/

Marc Beer Releases A Statement About His Latest Company Holding A Very Successful Series B Round

Marc Beer is an American entrepreneur in the pharmaceutical sector. His latest venture is Renovia Inc., a Boston, Massachusetts-based firm he co-founded with some business partners. His company recently completed its Series B round of funding in which it raised $32 million. He also brought in $10 million in loans during the same timeframe.

His company is dedicated to finding solutions for pelvic floor disorders. These types of disorders happen in women and it involves situations in which the bladder, bowel, and uterus “dropped” down on the vagina. This leads to issues such as pelvic pain, urinary incontinence, and lack of bowel control. Up to 250 million women worldwide have one of these disorders. Marc Beer’s first treatment for these disorders is Leva which was approved by the Food and Drug Administration in April 2018.

There were three main investment firms who participated in the Series B round. It was led by two of these firms which were Ascension Ventures, based out of Missouri, and Perceptive Advisors headquartered in New York City. The other major investor was Longwood Fund which was one of Renovia’s first investors. Marc Beer said that his company will use the money they raised to create the next generation of Leva. They will also start testing and developing four other devices to help women with pelvic floor disorders.

When the Series B round successfully ended Marc Beer put out a statement as the chief executive officer of Renovia. He said that he was gratified to have the support of top healthcare investors who believe in his company’s vision. He said that his company’s proprietary sensor technology and other innovations such as their digital health platform will help women obtain valuable information about their disorder and what new treatment options are available to them. He looked forward to his company making information about pelvic floor disorders more widely known and helping to reduce long-term health care costs by offering medical devices that women can use to avoid expensive surgeries and other healthcare.

Marc Beer has been in the pharmaceutical industry for almost 30 years. He is a graduate of Miami University, earning his bachelor of science degree in 1987. He started out his professional career at Abbot where he was their sales training and development director. He became a top executive in 1994 when he joined Biostar, Inc. as a vice president and entered the C Level ranks in 2000 when he became the chief executive officer of ViaCell. Learn more: https://www.businesswire.com/news/home/20180821005199/en/Renovia-Completes-42.3-Million-Series-Financing

Graeme Holm Is Helping Australian Families In Ways That No One Else Is

Graeme Holm helped to create Infinity Group Australia in 2013 with the goal of working with Australian families to improve their financial standings and help them plan for their future. He has implemented a customer-driven business model that has found great success, and Infinity Group Australia has quickly become a top company in its sector. The company has locations in Melbourne, Port Macquarie, Cronulla, and Bella Vista, and works to fill in a void in the market that was leaving Australian in dire need of legitimate financial advise. Learn more: https://www.mpamagazine.com.au/people/profiles/getting-financially-fit-at-infinity-group-australia-244676.aspx

 

Graeme Holm has been happy to report that every single one of its clients pay more of their home loan within 3 months with his company than they did in a complete year before coming to them. This is exactly what he was hoping for when his partner, in life and business, Rebecca Walker helped him to open the doors of Infinity Group Australia. Many of the clients that Holm works with barely get bu month-to-month and end up making minimum payments on their loan that stretches it for three decades. Many of his clients pay off their home loans that would have taken 30 years in as little as 7-10 years. Holm has revealed that its all about helping Australian families to have a plan in place.

 

Graeme Holm has been happy to report that his company has reduced the stress that many families have been dealing with for years. Customers offer up positive testimonials to the effectiveness of the services that his company offers all of the time. One client even mentioned that her kids were happier because she was happier, and that is something he never gets tired of hearing.

 

Graeme Holm is a the co-founder and Director of Infinity Group Australia Pty Ltd., which has been named as one of the 2017 MPA Top 100 Mortgage Brokers. He has been working in the financial services industry for close to 20 years, and has realized through his work with the major 4 banks in Australia that people deserve better. Holm has been motivated to offer better services since he discovered that many Australian families get bad deals through their financial institutions. He now works with Infinity Group Australia where he is slowly fixing the problems that other institutions have created.

 

Over time, Graeme Holm has learned that working with others in the industry brings about good results. Through collaborative efforts his company has put together a solid business culture where employees play as large as a part as the company’s leadership. Holm helps to bring ideas to live through these kinds of collaborations with other professionals where sharing ideas and creativity is encouraged. He then gets to work implementing the ideas, and this happens pretty quickly because he is always ready to get to work on the next great idea.