About Adagio Medical
Adagio Medical is a company based in Laguna Hills (United States) founded in 2011 by Olav Bergheim.. Adagio Medical has raised $72.14 million across 7 funding rounds from investors including RA Capital, Perceptive Advisors and ArrowMark Partners. The company has 80 employees as of December 31, 2024. Adagio Medical operates in a competitive market with competitors including Kardium, Argá Medtech, Farapulse, Affera and Field Medical, among others.
- Headquarter Laguna Hills, United States
- Employees 80 as on 31 Dec, 2024
- Founders Olav Bergheim
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Adagio Medical Holdings, Inc
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Annual Revenue
$602 K0as on Dec 31, 2024
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Net Profit
$-75.04 M-3417.54as on Dec 31, 2024
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EBITDA
$-33.57 M-606.44as on Dec 31, 2024
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Total Equity Funding
$72.14 M (USD)
in 7 rounds
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Latest Funding Round
$19 M (USD), Post-IPO
Oct 17, 2025
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Investors
RA Capital
& 4 more
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Employee Count
80
as on Dec 31, 2024
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IPO & Listings of Adagio Medical
Adagio Medical is a publicly listed company on the NASDAQ with ticker symbol ADGM 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.
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Funding Insights of Adagio Medical
Adagio Medical has successfully raised a total of $72.14M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $19 million completed in October 2025. 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 Funding
- Total Rounds 7
- Last Round Post-IPO — $19.0M
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First Round
First Round
(28 Mar 2013)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Post-IPO - Adagio Medical | Valuation |
investors |
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| Nov, 2022 | Amount | Debt – Conventional - Adagio Medical | Valuation |
investors |
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| Nov, 2020 | Amount | Series E - Adagio Medical | Valuation | ArrowMark Partners , RA Capital Management |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Adagio Medical
Adagio Medical has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include RA Capital, Perceptive Advisors and ArrowMark Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
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Health-tech companies are targeted for venture capital investments.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Diversified asset management services are provided to investors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Adagio Medical
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Adagio Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Adagio Medical Comparisons
Competitors of Adagio Medical
Adagio 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 Kardium, Argá Medtech, Farapulse, Affera and Field Medical, 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 |
Atrial fibrillation ablation devices are developed by Kardium.
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| domain | founded_year | HQ Location |
Medical devices for cardiac arrhythmias are developed by Argá Medtech.
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| domain | founded_year | HQ Location |
Devices for cardiac ablation via pulsed field technology are developed.
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| domain | founded_year | HQ Location |
Devices for treating heart rhythm disorders are developed.
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| domain | founded_year | HQ Location |
Pulsed electric field ablation devices for heart arrhythmias are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adagio Medical
Frequently Asked Questions about Adagio Medical
When was Adagio Medical founded?
Adagio Medical was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Adagio Medical located?
Adagio Medical is headquartered in Laguna Hills, United States. It is registered at Laguna Hills, California, United States.
Who is the current CEO of Adagio Medical?
Todd Usen is the current CEO of Adagio Medical.
Is Adagio Medical a funded company?
Adagio Medical is a funded company, having raised a total of $72.14M across 7 funding rounds to date. The company's 1st funding round was a Series E of $42.5M, raised on Mar 28, 2013.
How many employees does Adagio Medical have?
As of Dec 31, 2024, the latest employee count at Adagio Medical is 80.
What is the annual revenue of Adagio Medical?
Annual revenue of Adagio Medical is $602K as on Dec 31, 2024.
What does Adagio Medical do?
Adagio Medical was founded in 2011 and is headquartered in Laguna Hills, United States. Operations center on the development of cardiovascular therapies within a stealth mode framework. The company is included in the portfolio of Fjord Ventures, a technology accelerator that offers venture capital alongside hands-on support for medical startups. Leadership includes founder Olav Bergheim and CEO Todd Usen.
Who are the top competitors of Adagio Medical?
Adagio Medical's top competitors include Kardium, Field Medical and Argá Medtech.
Is Adagio Medical publicly traded?
Yes, Adagio Medical is publicly traded on NASDAQ under the ticker symbol ADGM.
Who are Adagio Medical's investors?
Adagio Medical has 5 investors. Key investors include RA Capital, Perceptive Advisors, ArrowMark Partners, JMR Capital Group, and Fjord Ventures.
What is Adagio Medical's ticker symbol?
The ticker symbol of Adagio Medical is ADGM on NASDAQ.