Organization · Venture Studio

Theranova, LLC

Theranova, LLC is a medical device development company based in San Francisco, specializing in advancing innovative medical devices from concept through commercialization.

Venture StudioFunderProgram host

Overview

What Theranova, LLC does

What Theranova, LLC is

Theranova, LLC is a medical device development company based in San Francisco, specializing in advancing innovative medical devices from concept through commercialization.

How it participates in the startup ecosystem

The current public profile supports funder and program host capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Venture Studio
Founded
Founded in 2006
Approximate age
About 20 years
Structured capabilities
Funder · Program host
Last reviewed
April 12, 2026
What Venture studio means

A venture studio is an organization that systematically creates new startups by generating or sourcing ideas, validating them, building early products, recruiting founders or operators, providing shared resources, and retaining meaningful equity in the companies it helps create.

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Official channels

Find Theranova, LLC elsewhere

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Capability profile

Theranova, LLC as a funder

Investment thesis

TheraNova, LLC is dedicated to advancing medical device innovation through a comprehensive venture studio model that supports projects from inception to commercialization.

Focus narrative

TheraNova focuses on medical device innovation, development, and commercialization. The organization employs a rapid and capital-efficient process that encompasses all necessary elements of medical device development, including clinical trials, regulatory compliance, and reimbursement strategies. TheraNova operates a shared R&D model to facilitate these processes.

Focus and fit

Stages
Pre-seed · Seed · Series A · Series B · Series C · Series D · Growth Equity
Sectors
Healthcare · Biotech · Medical Devices

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
20

Portfolio context

TheraNova has created and spun out several privately funded companies, including: Accuryn: A monitoring system for patient care. Cerene: A medical device company focused on women's health. Bone Health Technologies: A company dedicated to improving bone health. Emblem Health: A healthcare technology company. Piccolo Medical: A medical device company. Ananya Health: A healthcare technology firm. Sequoia Medical: A company focused on innovative medical solutions. SoleStim: A company specializing in neuromodulation therapies. Gravitas Medical: A medical device company. Centese: A healthcare technology firm.

Capability profile

Theranova, LLC as a program host

Program thesis

TheraNova, LLC is a venture studio and incubator specializing in medical device development, guiding projects from concept through clinical trials, regulatory approval, and commercialization.

Focus narrative

TheraNova focuses on medical device innovation, development, and commercialization. The organization employs a rapid and capital-efficient process that encompasses all necessary elements of medical device development, including clinical trials, regulatory compliance, and reimbursement strategies. TheraNova operates a shared R&D model to facilitate these processes.

Value and support

TheraNova offers a comprehensive approach to medical device development, including mentorship, access to funding, and a shared R&D model to streamline the innovation process.

Terms and economics

Indicative investment
$35,000,000

Availability

Application state
Not published

Focus and fit

Stages
Pre-seed · Seed

Alumni and track record

Alumni context

TheraNova has created and spun out several privately funded companies, including Accuryn, a monitoring system for patient care; Cerene, focused on women's health; Bone Health Technologies, dedicated to improving bone health; Emblem Health, a healthcare technology company; Piccolo Medical, a medical device company; Ananya Health, a healthcare technology firm; Sequoia Medical, focused on innovative medical solutions; SoleStim, specializing in neuromodulation therapies; Gravitas Medical, a medical device company; and Centese, a healthcare technology firm.

Common questions

What to know about Theranova, LLC

Upseed classifies Theranova, LLC under the Venture Studio organization type. Its current public profile includes funder and program host capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

April 12, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.