Avancen MOD

What Avancen MOD does

Avancen MOD Corporation is a privately held, for-profit healthcare/medical company incorporated in South Carolina and headquartered in Mount Pleasant, SC. Founded in 2009, the company operates at a small scale with 11–50 employees and a lean executive team comprising a CEO (Ned Buffington), CFO (William Westin), CMO (Sharon Conley), and Chief Communications Officer (Samara Bay) — a configuration strongly implying a regulated medical-product (likely medical device) focus, consistent with the "MOD" suffix in its corporate name (commonly associated with Medication-On-Demand or Medical Device contexts in this industry).

The company has pursued a capital-efficient operating model. Across three disclosed funding events between 2009 and 2015, Avancen raised approximately $1,643,849 in total disclosed equity (concentrated in a single July 2012 round), with SustainVC listed as an investor at founding. No further capital raises, acquisitions, partnerships, product launches, or geographic expansions are recorded in the input data, suggesting either limited activity, undisclosed transactions, or a company that has operated below typical venture-scale visibility.

The source data is silent on Avancen MOD's specific product portfolio, underlying technology, regulatory clearances (e.g., FDA status), customer base, revenue model, and pricing mechanics. The website referenced (avancen.com) is the only disclosed go-to-market surface. With no headcount trend, no recent funding cadence, and no disclosed product or commercial metrics beyond the 2009–2015 funding history, the available signal set is materially thin and any analytical conclusions should be read with that caveat.

Name

Avancen MOD

Legal name

Alexistogel.COM

Website

https://avancen.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Avancen MOD is a privately held healthcare/medical company founded in 2009 and headquartered in Mount Pleasant, SC, operating with 11–50 employees under a leadership team that includes a Chief Medical Officer, suggesting a regulated medical-product (likely device) focus.

Ownership category

akta.pro rank

Headquarters

HQ city

Mount Pleasant

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D

Pricing tiers

Distribution channels2 records

Marketing channels2 records

Core offering

Avancen MOD is a privately held medical device company headquartered in Mount Pleasant, South Carolina, founded in 2009 with a small team of 11–50 employees. Based on the company's leadership composition, including a Chief Medical Officer, the firm operates in the healthcare/medical device sector. Specific product details are not provided in the available source material.

Differentiator

Problem solved

Functional benefit

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• Baxter International: Diversified medical products company with significant exposure to hospital-based infusion, medication delivery, and patient care devices. Comparable as a broad incumbent against which a small medical device peer competes for hospital contracts.
• Becton, Dickinson and Company (BD): Large medical device and life sciences manufacturer with deep exposure to hospital and clinical care products. Comparable as a healthcare device incumbent covering surgical, medical, and electromedical categories relevant to a small US medical device company.
• Halyard Health (Owens & Minor): Medical products company with exposure to pain management and clinical care supplies. Comparable as a US medical device/clinical products peer for category and customer base.
• B. Braun Medical: Global medical device and pharmaceutical company with a major US footprint in infusion, pain management, and clinical care products. Comparable as an incumbent in adjacent medical device categories.
• Moog Inc. Diversified precision motion and medical device manufacturer with a medical devices segment serving infusion and clinical applications. Comparable in scale and category overlap.

Direct peers

• Smiths Medical (ICU Medical): Manufacturer of specialty medical devices including infusion and patient monitoring equipment. Comparable as a medical device peer serving similar hospital and clinical buyers.
• Avanos Medical: Pure-play medical device company focused on pain management and other clinical specialties. Comparable in clinical focus (pain management) and as a US-headquartered small/mid-cap medical device operator.
• ICU Medical: Specialist in medical connectors and infusion therapy devices for clinical use. Comparable as a focused US-based medical device company serving regulated hospital and clinical customers with a similar product profile.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

• Xx.com/avancenmod
• LinkedInlinkedin.com/company/avancen-mod-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Avancen MOD