
Covira Surgical (Biotech)
OperatingCovira Surgical, Inc.
Biotech · Biotech · North Chicago, DE · Founded 2018
Revolutionizing Surgical Infection Prevention
Financials
FY2019–FY2023 · from SEC filings · hover any figure for its sourceFigures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Pre-money — the valuation set before each round’s money came inBlue bars are the pre-money valuation the company stated for a priced round.
Share price over rounds
Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.
Fundraising history
Team
10 people
Peter Farmakis is a CEO with proven life sciences (Biotech/Pharma, Medical Device, and Molecular Diagnostics) business and leadership successes from two Fortune 100 companies (Johnson & Johnson and Abbott). His prior experience includes building, launching, and scaling four life science startup companies, including two in the biotech space culminating in strategic sales to larger multinational corporations.

Dr. John Alverdy, Founder & Chief Scientific Officer is a preeminent surgeon-scientist and world leader in surgical infection research with a focus on the molecular basis of surgical infections and the gut microbiome. As a practicing gastrointestinal surgeon with 225 peer-reviewed publications, Dr. Alverdy is the Sarah and Harold Lincoln Thompson Professor of Surgery and the Executive vice-chair surgery at the University of Chicago.

Scott serves as Covira’s CFO (Fractional/Consultant), devoting approximately 15 – 20 hours per week to the role. He has 30 years of financial, operational, and advisory experience across multiple dynamic and high-growth industries. He spent the last decade as a CFO (including Interim/Fractional positions) – serving both entrepreneurial founders as well as the publicly traded and private equity investors that acquired the privately-owned, middle-market companies. Most of Scott’s 42 career transactions were at Citi Capital Strategies (then a division of Citigroup®), where he completed M&A, recapitalization, and capital raising deals valued at US$1 billion in the aggregate. Notable sector coverage as a corporate finance specialist has included professional services, software/IT, and life sciences/medical devices.

Ph.D., Moscow State University, Russia M.Sc., Moscow Pedagogical Institute, Russia

Frank J. Costabile has the passion and drive for his business to deliver excellent customer service and strives to help his clients reach their goals. Frank graduated from Millikin University in Decatur, IL with a Bachelor of Science in Accounting and is a Certified Public Accountant. After college, Frank worked for a large accounting firm in Chicago for over ten years. In 2009, Frank took over the family business from his father. He enjoys volunteering and coaching his son’s and daughter’s soccer teams.

Jessica B. Fairchild is an experienced business attorney and executive with more than 20 years of legal experience in large law firms, in-house, and small firm private practice. As a Founding Partner of CROKE FAIRCHILD MORGAN & BERES, Jessica has sought to develop long-standing relationships with clients, often serving as outside general counsel. Jessica looks to provide top-notch legal services combined with practical advice to both the business and legal clients she advises. Jessica’s practice focuses on M&A, venture capital and general corporate work. Her clients include private companies, private business founders and CEO’s, high net worth individuals and family offices.


Surgeon Scientist with a strong clinical background. His area of interest is Microbiome, Obesity, Sepsis, Anastomosis leak, Surgical site infection, and COVID-19 mitigation lately. He is trying to implement novel ideas and understanding generated over the decade of research to treat Obesity, Sepsis, Surgical Site Infection, and Anastomosis Leak and recently also got interested in COVID-19 mitigation with simply Clonidine.
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Experienced Senior Vice President Global Commercial Operations with a demonstrated history of working in the healthcare industry. Skilled in Negotiation, Business Planning, Medical Devices, IVD industry and Sales Operations. Strong business development professional with a MBA focused in Financial Engineering from Universidad del Valle de Mexico.
Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
Filed 3 of 5 annual reports (FY2021–FY2025)
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 9 filings on EDGAR- Form C-TRApr 29, 20260001857825-26-000001EDGAR
- Form C-ARApr 23, 20240001665160-24-000445EDGAR
- Form C-ARApr 4, 20230001665160-23-000545EDGAR
- Form DSep 6, 20220001857825-22-000001EDGAR
- Form C-ARApr 29, 20220001665160-22-001205EDGAR
- Form C-UApr 28, 20220001665160-22-001059EDGAR
- Form C/AFeb 24, 20220001665160-22-000331EDGAR
- Form C/ADec 27, 20210001665160-21-002358EDGAR
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.