Startups

Venus Concept logo

Venus Concept

Toronto, Ontario, Canada

Venus Concept Inc. is a Toronto-headquartered medical aesthetic technology company that markets itself as Venus Aesthetic Intelligence or Venus AI at venus.ai. This brand is the same issuer as Venus Concept, and is unrelated to Venus Aerospace. Its Delaware legal predecessor was incorporated as Restoration Robotics in 2002; the company adopted the Venus Concept name after its November 2019 merger with the operating Venus Concept Ltd. business. Its relevance to AI and deep technology comes from medical robotics, machine vision, AI algorithms and energy-based aesthetic devices. The company describes its AI.ME platform as robotic fractional skin resurfacing using machine vision and AI, and reported a US FDA 510(k) clearance for that indication in December 2022; claims about predictable results or worldwide treatment volumes are manufacturer statements, rather than independent performance findings. Its commercial range includes Venus NOVA, Versa and Versa PRO, Bliss and Bliss MAX, Viva and Viva MD, Legacy, Velocity, Epileve and AI.ME; current corporate releases also list NeoGraft and ARTAS iX hair restoration systems. In July 2026 it announced exclusive US/Canada distribution rights for HIRONIC Doublo 2.0. Brad Oliver became CEO on September 7, 2026, succeeding Rajiv De Silva, who moved to a transition Special Advisor role. The current directory publishes five executives; May and September 2026 issuer announcements additionally identify two sales leaders and board chairman Avinash Amin. Madryn-managed funds became sole owners following a March 30, 2026 short-form merger, separately from the company’s $1.5 million common-stock cash raise closed March 26. Historical growth backers include EW Healthcare Partners, HealthQuest Capital, Longitude Capital, Aperture Venture Partners, SEDCO and Masters Special Situations. Cash financings, closed preferred tranches and debt draws are recorded separately from secondary purchases, debt-to-equity exchanges and unexercised warrants.

Founded 2002

Team

Anna GeorgiadisAnna GeorgiadisChief Human Resources Officer
Avinash AminAvinash AminChairman of the Board
Brad OliverBrad OliverChief Executive Officer · Director
Eric LetourneauVice President, Sales, USA
Jesus Alvarez-QuinteroJesus Alvarez-QuinteroVice President of Sales & General Manager, LATAM & EMEA
Melissa KangMelissa KangChief Product Officer
Michael MandarelloMichael MandarelloChief Legal Officer & Chief Operations Officer
Rajiv De SilvaRajiv De SilvaSpecial Advisor
Ross PortaroRoss PortaroExecutive Vice President, Commercial Strategy & Head of Venus Hair

Investments

$—2026-03-30Madryn Asset Management
$1M2026-03-26Madryn Asset Management
$1M2025-06-090 participations
$1M2025-04-140 participations
$1M2025-04-100 participations
$2M2024-09-26Madryn Asset Management
$2M2024-04-23Madryn Asset Management
$1M2024-02-270 participations
$2M2024-01-18EW Healthcare Partners
$2M2023-10-20EW Healthcare Partners