Affera

Boston, United States Founded: 2014 • Age: 12 yrs Acquired By Medtronic
Devices for treating heart rhythm disorders are developed.
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About Affera

Affera is a company based in Boston (United States) founded in 2014 was acquired by Medtronic in January 2022.. The company has 30 employees as of December 31, 2022. Affera offers products and services including Lattice-Tip Focal Catheter and Mapping and Ablation System. Affera operates in a competitive market with competitors including Kardium, Adagio Medical, Argá Medtech, Farapulse and Field Medical, among others.

  • Headquarter Boston, United States
  • Employees 30 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Legal Name Affera, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Medtronic

    & 1 more

  • Employee Count
    30

    as on Dec 31, 2022

  • Acquired by
    Medtronic

    (Jan 10, 2022)

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Products & Services of Affera

Affera offers a comprehensive portfolio of products and services, including Lattice-Tip Focal Catheter and Mapping and Ablation System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Catheter for radiofrequency and pulsed field ablation of arrhythmias.

Integrated system for efficient arrhythmia therapy and lesion durability.

People of Affera
Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Michael Wexler
Cfo/coo

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Teams

Funding Insights of Affera

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Seed - Affera Valuation Innogest Capital
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 Affera

Affera has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Medtronic and Innogest Capital. 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
VC firm investing in seed and early stage companies in Italy
Founded Year Domain Location
Medical equipment for treating over 30 chronic diseases is developed.
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 Affera

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

Financial Statements - Affera

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

Affera Comparisons

Employees
+
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Competitors of Affera

Affera 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, Adagio Medical, Argá Medtech, Farapulse 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.
domain founded_year HQ Location
Cardiovascular therapies are developed by Adagio Medical in stealth mode.
domain founded_year HQ Location
Medical devices for cardiac arrhythmias are developed by Argá Medtech.
domain founded_year HQ Location
Devices for cardiac ablation via pulsed field technology are developed.
domain founded_year HQ Location
Pulsed electric field ablation devices for heart arrhythmias 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 Affera

Frequently Asked Questions about Affera

When was Affera founded?

Affera was founded in 2014 and raised its 1st funding round 7 years after it was founded.

Where is Affera located?

Affera is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

How many employees does Affera have?

As of Dec 31, 2022, the latest employee count at Affera is 30.

What does Affera do?

Affera was founded in 2014 and is headquartered in Boston, United States. Medical devices focused on cardiology are developed by the company, with an emphasis on an integrated platform for delivering therapy to patients with cardiac arrhythmias. Operations center on creating durable solutions for a range of arrhythmia cases. Key products include the SpherePVI and Sphere9 catheters, aimed at improving treatment efficiency in the sector.

Who are the top competitors of Affera?

Affera's top competitors include Kardium, Adagio Medical and Field Medical.

What products or services does Affera offer?

Affera offers Lattice-Tip Focal Catheter and Mapping and Ablation System.

Who are Affera's investors?

Affera has 2 investors. Key investors include Medtronic, and Innogest Capital.

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