About Atraverse Medical
Atraverse Medical is a company based in Chicago (United States) founded in 2022 by Eric Sauter was acquired by Johnson & Johnson in April 2026.. Atraverse Medical has raised $61.9 million across 4 funding rounds from investors including Johnson & Johnson. Atraverse Medical offers products and services including Hotwire. Atraverse Medical operates in a competitive market with competitors including ValTech Lifesciences, CardioPrecision, Auflows CardioTech, Saint Medical and Helios Cardio, among others.
- Headquarter Chicago, United States
- Founders Eric Sauter
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Atraverse Medical, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$61.9 M (USD)
in 4 rounds
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Latest Funding Round
$29.4 M (USD), Series A
Apr 23, 2025
- Investors
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Employee Count
Employee Count
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Acquired by
Johnson & Johnson
(Apr 24, 2026)
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Products & Services of Atraverse Medical
Atraverse Medical offers a comprehensive portfolio of products and services, including Hotwire. 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.
Guidewire for RF-enabled transeptal puncture in cardiac procedures.
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Funding Insights of Atraverse Medical
Atraverse Medical has successfully raised a total of $61.9M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $29.4 million completed in April 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 4
- Last Round Series A — $29.4M
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First Round
First Round
(03 Feb 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series A - Atraverse Medical | Valuation |
investors |
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| Feb, 2025 | Amount | Series A - Atraverse Medical | Valuation |
investors |
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| May, 2024 | Amount | Seed - Atraverse Medical | Valuation |
investors |
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| 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 Atraverse Medical
Atraverse Medical has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Johnson & Johnson. 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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Healthcare solutions are provided by Johnson & Johnson globally.
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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 Atraverse 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 - Atraverse Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Atraverse Medical Comparisons
Competitors of Atraverse Medical
Atraverse 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 ValTech Lifesciences, CardioPrecision, Auflows CardioTech, Saint Medical and Helios Cardio, 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 |
Medical devices for cardiac surgeries are provided by ValTech Lifesciences.
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| domain | founded_year | HQ Location |
Developer of medical devices for the less invasive treatment of structural heart disease
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| domain | founded_year | HQ Location |
Provider of cardiovascular medical devices and surgical solutions for pediatric patients
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| domain | founded_year | HQ Location |
Medical devices for invasive cardiovascular surgery are developed.
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| domain | founded_year | HQ Location |
Develops biologic matrices for cardiac repair and regeneration of heart conditions.
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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 Atraverse Medical
Frequently Asked Questions about Atraverse Medical
When was Atraverse Medical founded?
Atraverse Medical was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Atraverse Medical located?
Atraverse Medical is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Atraverse Medical a funded company?
Atraverse Medical is a funded company, having raised a total of $61.9M across 4 funding rounds to date. The company's 1st funding round was a Seed of $12.5M, raised on Feb 03, 2023.
What does Atraverse Medical do?
Atraverse Medical was founded in 2022 and is based in Chicago, United States. Medical devices and procedures are developed by the company to enable surgeons to access the left side of the heart. These tools address heart failure and related conditions within the cardiovascular sector. Operations focus on innovation in interventional cardiology, with an emphasis on procedural efficiency and patient outcomes.
Who are the top competitors of Atraverse Medical?
Atraverse Medical's top competitors include CardioPrecision, Auflows CardioTech and ValTech Lifesciences.
What products or services does Atraverse Medical offer?
Atraverse Medical offers Hotwire.
Who are Atraverse Medical's investors?
Atraverse Medical has 1 investor. Key investors include Johnson & Johnson.