Acutus Medical

San Diego, United States Founded: 2011 • Age: 15 yrs
Advanced ablation products for cardiac arrhythmias are developed.

About Acutus Medical

Acutus Medical is a company based in San Diego (United States) founded in 2011.. Acutus Medical has raised $304.39 million across 11 funding rounds from investors including General Electric, Orbimed and Deerfield. The company has 85 employees as of December 31, 2024. Acutus Medical has completed 1 acquisition, including Rhythm Xience. Acutus Medical operates in a competitive market with competitors including Vektor Medical, CardioInsight, Cardio Intelligence, TriVirum and EP Solutions, among others.

  • Headquarter San Diego, United States
  • Employees 85 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Acutus Medical Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $20.16 M
    181.37
    as on Dec 31, 2024
  • Net Profit
    $-9.55 M
    88.31
    as on Dec 31, 2024
  • EBITDA
    $-4.98 M
    63.09
    as on Dec 31, 2024
  • Total Equity Funding
    $304.39 M (USD)

    in 11 rounds

  • Latest Funding Round
    $100 M (USD), Series D

    Jun 20, 2019

  • Investors
  • Employee Count
    85

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Acutus Medical

Acutus Medical is a publicly listed company on the OTC with ticker symbol AFIB in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OTC · Ticker: AFIB . Sector: Health technology · USA
People of Acutus Medical
Headcount 50-200
Employee Profiles 21
Board Members and Advisors 6
Employee Profiles
People
Derrick Chou
CTO
People
Teri Engurasoff
Documentation Specialist
People
Sater K
IT Specialist II
People
Chad Hollister Mba (inactive)
Sr. Director Accounting & Capital Markets (controller)

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Board Members and Advisors
people
Niamh Pellegrini
Director

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Funding Insights of Acutus Medical

Acutus Medical has successfully raised a total of $304.39M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 11
  • Last Round Series D — $100.0M
  • First Round

    (02 Jun 2011)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2019 Amount Debt – Conventional - Acutus Medical Valuation

investors

Jun, 2019 Amount Series D - Acutus Medical Valuation 8VC , Pura Vida Investments
Jun, 2018 Amount Series C - Acutus Medical Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Acutus Medical

Acutus Medical has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include General Electric, Orbimed and Deerfield. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
Founded Year Domain Location
Healthcare ecosystem is supported through investment and innovation by Deerfield.
Founded Year Domain Location
Venture capital firm investing in technology, life sciences, and related sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Acutus Medical

Acutus Medical has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rhythm Xience. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Developer of medical products for the treatment of abnormal heart rhythms
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Acutus Medical

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Acutus Medical Comparisons

Employees
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Competitors of Acutus Medical

Acutus Medical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vektor Medical, CardioInsight, Cardio Intelligence, TriVirum and EP Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Next-generation non-invasive technology for mapping cardiac arrhythmias is developed.
domain founded_year HQ Location
Electrical heart disorders are mapped non-invasively using advanced technology.
domain founded_year HQ Location
Heart diseases are diagnosed and treated with AI-based medical devices.
domain founded_year HQ Location
Cost-effective medical sensors are developed for enhanced patient monitoring.
domain founded_year HQ Location
Non-invasive electrophysiology tools for cardiac mapping are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Acutus Medical

Frequently Asked Questions about Acutus Medical

When was Acutus Medical founded?

Acutus Medical was founded in 2011.

Where is Acutus Medical located?

Acutus Medical is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Is Acutus Medical a funded company?

Acutus Medical is a funded company, having raised a total of $304.39M across 11 funding rounds to date. The company's 1st funding round was a Series C of $22.82M, raised on Jun 02, 2011.

How many employees does Acutus Medical have?

As of Dec 31, 2024, the latest employee count at Acutus Medical is 85.

What is the annual revenue of Acutus Medical?

Annual revenue of Acutus Medical is $20.16M as on Dec 31, 2024.

What does Acutus Medical do?

Acutus Medical was established in 2011 in San Diego, United States, within the medical devices sector focused on cardiology. Ablation products are developed to address cardiac arrhythmias such as atrial fibrillation and ventricular tachycardia, guided by a medical evidence-based approach. Operations center on the AcQMap system, which provides high-resolution imaging and mapping capabilities. Dipole density signals are overlaid on ultrasound reconstructions of the left atrial chamber to support treatment procedures.

Who are the top competitors of Acutus Medical?

Acutus Medical's top competitors include Vektor Medical, CardioInsight and TriVirum.

Is Acutus Medical publicly traded?

Yes, Acutus Medical is publicly traded on OTC under the ticker symbol AFIB.

How many acquisitions has Acutus Medical made?

Acutus Medical has made 1 acquisition, including Rhythm Xience.

Who are Acutus Medical's investors?

Acutus Medical has 8 investors. Key investors include General Electric, Orbimed, Deerfield, 8VC, and Pura Vida.

What is Acutus Medical's ticker symbol?

The ticker symbol of Acutus Medical is AFIB on OTC.

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