How Much Did Lineus Raise? Funding & Key Investors

Date August 22, 2025
L

Lineus

COMPANY INFO

Lineus Medical is a privately held medical equipment manufacturing company founded in 2015 and headquartered in Fayetteville, Arkansas. The company was started by a registered nurse who sought to prevent peripheral IV dislodgement by creating a controlled separation in IV lines; their flagship product, SafeBreak® Vascular, is designed to separate when excessive tension is applied to an IV line to prevent catheter dislodgement. The company has between 15 and 25 employees and specializes in medical devices aimed at improving intravenous therapy outcomes. Their website is www.lineusmed.com.

How Much Did Lineus Medical Raise? Funding & Rounds and Investors

Lineus Medical is a Fayetteville, Arkansas-based company founded in 2015, operating in the medical equipment manufacturing industry. Specializing in innovative medical devices for intravenous therapy, Lineus Medical aims to improve patient outcomes by preventing peripheral IV dislodgement. Their flagship product, SafeBreak® Vascular, separates under excessive tension to protect patients’ IV lines. Founded by a registered nurse and currently led by CEO Vance Clement, the company employs between 15 and 25 people and serves healthcare providers seeking safer vascular access solutions.

Lineus Medical funding has reached $11.5 million over 8 funding rounds to date, reflecting a strategic approach combining seed funding, early-stage investments, competitive grants, and venture capital. The company has steadily progressed from seed funding for product development to a sizable Series C round for market expansion and regulatory efforts. With backing from several key investors—including healthcare institutions and innovation accelerators—Lineus Medical investment milestones have supported R&D, clinical trials, international regulatory clearances, and the expansion of sales and education teams.

Funding Rounds

Series C - $4.579M - March 4, 2025

This Series C round was aimed at expanding sales and clinical education teams, securing international regulatory clearances, and obtaining additional patents to support Lineus Medical’s growth strategy.

Series B - $1.75M - August 30, 2021

The Series B round, led by Hartford HealthCare and KMF, was focused on market expansion, scaling operations, and advancing Lineus Medical’s commercial reach.

Grant (prize money) - $100K - August 23, 2021

A grant from Arkansasedc provided prize money to support ongoing research and company initiatives.

Series A - $1.25M - March 2020

This Series A round likely funded product development and crucial clinical trials leading up to regulatory submission and commercial launch.

Series A - $50K - June 15, 2018

An early Series A funding round supported product development activities.

Grant (prize money) - Undisclosed - 2018

Lineus Medical received an undisclosed grant from K-Startup Grand Challenge for participation in the innovation competition.

Seed - Undisclosed - 2015

Seed funding at the company’s inception supported initial research, development, and foundational business operations.

Key Investors

Hartford HealthCare

Hartford HealthCare is a prominent integrated healthcare system and a lead investor in Lineus Medical’s Series B and Series C rounds. Their continued involvement highlights confidence in the company’s IV safety technology and supports commercial growth.

KMF

KMF is an institutional investor that played a major role in both the Series B and Series C financing, backing Lineus Medical’s expansion into new markets and funding innovation.

Arkansasedc

The Arkansas Economic Development Commission (Arkansasedc) granted prize money to Lineus Medical, reflecting public-sector support for Arkansas-based medical innovation.

K-Startup Grand Challenge

K-Startup Grand Challenge is a global accelerator and competition that awarded grant funds to Lineus Medical, helping boost international visibility and providing early-stage support.

Fuel Accelerator

Fuel Accelerator has supported Lineus Medical through mentorship, networking, and access to venture capital connections, aiding the startup’s early growth and funding rounds.

ARK Investment Management

A notable venture capital firm, ARK Investment Management contributed to Lineus Medical’s overall funding, providing financial expertise in scaling disruptive healthcare technologies.

Arkansas Economic Development Commission

As a state development body, Arkansas Economic Development Commission’s support for Lineus Medical aligns with its mission to foster high-tech innovation in the state through direct grants and business incentives.

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