Marc Beer Backs Women’s Health Startup With Millions

CEO Marc Beer, formerly with Aegerion Pharmaceuticals, announced the closing of Series B funding for his new company Renovia Inc. with $32 million in funding.

 

Renovia Inc. is a medtech company based in Boston. It specializes in diagnosing and treating pelvic floor disorders which affect an average of 250 million women worldwide. Their first product, Leva, received FDA approval back in April.

 

Beer, working with Perceptive Advisoers from New York and Ascension Ventures from Missouri, was able to secure investments from the Longwood Fund. Known for its interest in healthcare companies, the backing from the Longwood Fund will be used to develop three new products and a new iteration of the Leva.

 

In a recent statement, Beer expressed his excitement with the support he gained from investors looking to innovate healthcare with products and methods dedicated to improving the quality of life for millions of women. With proprietary technologies and an innovative digital health platform, Beer envisions new empowerment for patients by increasing their understanding of pelvic floor disorders and inform decisions about their continued healthcare.

 

Renovia has been Beer’s first foray into venture capitalism since leaving Aegerion back in 2015.

 

About Marc Beer:

 

Marc Beer is an American venture capitalist with 25 years of experience in the healthcare industry. After graduating from Miami University (Ohio), where he’s held memberships in on the Business Advisory Council, he became a founding member for the Good Start Genetics, a genetic screening company. The experience accrued there led to a seat on the Mass Life Science Board of the Commonwealth of MAssachusetts and the Bio (Biotechnology Industry Organization) Emerging Companies Section Governing Board. Beer’s foray into the business world took off with Abbott Laboratories, where he worked in sales and marketing for the pharmaceutical division. This opened doors to Genzyme, a biotechnology company that diagnoses and treats debilitating and rare diseases, where he served as Vice President of Global Marketing, launching products all over the world.

 

By the time he was ready for executive leadership, Beer founded his own company, ViaCell, focusing on stem cells from preserved umbilical cords. in 2007, after seven years of operation, the company swelled in size, adding 300 employees before being acquired by competitor PerkinElmer. During his tenure at ViaCell, Beer also sat on the board of directors for Erytech Pharma. This was leadership experience that served him well when he teamed up with Ramon Iglesias, MD, and Yolanda Lorie to create Aegerion Pharmaceuticals, providing products to address rare diseases in 36 countries. After leaving the company, Beer founded Renovia, a biomedical company addressing issues of pelvic floor weakness and dysfunction affecting millions of women the world over with innovative diagnosis and personalized devices meant to better inform patients of their conditions. Learn more: https://renoviainc.com/leadership/

 

Clayton Hutson and His Production Contribution to 3 Tours

Clayton Hutson is a production manager and live sound engineer. He served as the automation manager for One Republic’s Honda Civic Tour in 2017. Hutson performed multiple duties for his work with the Aaron Lewis Tour. He was the FOH/Monitor engineer, Production manager and Tour manager. Hutson was drawn to the tour because of its debut use of the DiGiCo’s SD11 console.

 

Clay Hutson’s company offers concert planners the following services:

  • Production Management
  • Production Design
  • Show Producer
  • Monitor Engineer
  • Stage Management
  • Logistics Management
  • Rigging

 

For the 2017 One Republic Tour, Clay Hutson was the automation manager. He was working with VER and was in charge of the Kinesys Elevation 1+ systems, a variable speed chain hoist system. It met the clean production mandate by eliminating excessive cables. It allows several motors and controllers to be powered by a single system. Using a Vector software program, data cables leading to lighting, LED panels, trusses and rigging are triggered by time cues.

 

VER had to engineer an alternative to the 16:9 screen in the middle of The rig was lighting heavy and blocked the LED wall. So, VER automated the lighting trusses to clear the video wall during changeovers. Then, during changeover before One Republic, VER removes the 40-foot video wall completely in 10 minutes.

 

The Honda Civic screen is a high wall that shows promotional footage between acts. The screen was run by a LC2012 HD LED Processor. During the first two acts only two trusses of lighting were in use, still keeping One Republic’s ultimate production design a secret from the public. Once the wall was removed, One Republic’s clean set design was displayed.

 

Clay Hutson was excited about using the new DiGiCo’s SD11 console. He’s been using them for years. He started out using the first hand-built DiGiCo D5 with Marilyn Manson’s tour 10 years ago; he also used a SD7 with the Maxwell tour and a SD8 with several smaller short touring gigs. Because of travel constraints, the tour needed a smaller compact mixing system. The DiGiCo SD11 console was the perfect solution. It was small enough to carry beneath the tour bus and be checked in as baggage when flying and it was cost effective. Plus, Hutson was familiar with the features, functionality and sonics of the DiGiCo’s console and pleased to use it. Learn more: https://www.crunchbase.com/person/clayton-hutson-1a2e