Andera Partners leads $20 million Series D round in Rivermark Medical

  • Andera Partners led a USD 20 million Series D financing in Rivermark Medical, a urology-focused medical device company developing FloStent, a non-surgical, fully reversible implant for men with lower urinary tract symptoms linked to benign prostatic hyperplasia.
  • Round included existing investors, with participation from an unnamed strategic investor.
  • Proceeds earmarked to fund RAPID III pivotal clinical trial, support US regulatory approval, prepare for commercial launch of FloStent.
  • Financing follows positive multicenter results from RAPID II, which showed rapid recovery with durable effect through 24 months.


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