Bioventrix

San Ramon, United States Founded: 2003 • Age: 23 yrs
Ventricular reconstruction devices for heart failure are developed.

About Bioventrix

Bioventrix is a company based in San Ramon (United States) founded in 2003 by Lon Annest.. Bioventrix has raised $188.1 million across 26 funding rounds from investors including Andera Partners, Cormorant and Taglich Brothers. Bioventrix has completed 1 acquisition, including MateraCor. Bioventrix offers products and services including Heart Failure Treatment. Bioventrix operates in a competitive market with competitors including CVRx, Sequana Medical, Adona Medical, Element Science and V-Wave, among others.

  • Headquarter San Ramon, United States
  • Founders Lon Annest
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bioventrix, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $188.1 M (USD)

    in 26 rounds

  • Latest Funding Round
    $6.67 M (USD), Series E

    Oct 10, 2024

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Bioventrix

Bioventrix offers a comprehensive portfolio of products and services, including Heart Failure Treatment. 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

Provides innovative options for managing heart failure in patients.

People of Bioventrix
Headcount 10-50
Employee Profiles 8
Board Members and Advisors 6
Employee Profiles
People
Michael Harman, PhD
Director, Research & Development, & Engineering
People
Robert DelPaine
Director of QA
People
Lauren Huebner
Manager, Clinical Field Operations
People
Ori Ben-Yehuda
Chief Medical Officer

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Board Members and Advisors
people
David S. Richmond, MSFS
Chief Executive Officer

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Funding Insights of Bioventrix

Bioventrix has successfully raised a total of $188.1M across 26 strategic funding rounds. The most recent funding activity was a Series E round of $6.67 million completed in October 2024. 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 26
  • Last Round Series E — $6.7M
  • First Round

    (31 Aug 2004)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2024 Amount Series E - Bioventrix Valuation

investors

Mar, 2024 Amount Series E - Bioventrix Valuation

investors

Apr, 2023 Amount Series E - Bioventrix Valuation Andera Partners
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 Bioventrix

Bioventrix has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Andera Partners, Cormorant and Taglich Brothers. 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
Capital is provided to firms for growth, buyouts, and acquisitions.
Founded Year Domain Location
Venture capital firm focused on life science, medical device and healthcare companies
Founded Year Domain Location
Manages diversified investment portfolios across various asset classes.
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 Bioventrix

Bioventrix has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MateraCor. 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 tissue regenerative therapies for treating heart diseases
2018
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 - Bioventrix

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

Bioventrix Comparisons

Employees
+
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Competitors of Bioventrix

Bioventrix 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 CVRx, Sequana Medical, Adona Medical, Element Science and V-Wave, 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
Implantable technology for hypertension and heart failure is developed.
domain founded_year HQ Location
Implantable battery-powered pumps for ascites removal are developed.
domain founded_year HQ Location
Medical devices for heart failure management are developed.
domain founded_year HQ Location
Wearable patch defibrillators are developed for sudden cardiac arrest treatment.
domain founded_year HQ Location
Implantable inter-atrial shunts are developed to treat chronic heart failure.
domain founded_year HQ Location
Minimally invasive ventriculoplasty system for heart failure and FMR
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 Bioventrix

Frequently Asked Questions about Bioventrix

When was Bioventrix founded?

Bioventrix was founded in 2003 and raised its 1st funding round 1 year after it was founded.

Where is Bioventrix located?

Bioventrix is headquartered in San Ramon, United States. It is registered at San Ramon, California, United States.

Who is the current CEO of Bioventrix?

David R is the current CEO of Bioventrix.

Is Bioventrix a funded company?

Bioventrix is a funded company, having raised a total of $188.1M across 26 funding rounds to date. The company's 1st funding round was a Series E of $48.5M, raised on Aug 31, 2004.

What does Bioventrix do?

BioVentrix was founded in 2003 in San Ramon, United States, within the medical device sector focused on cardiovascular health. Clinical solutions for heart failure patients are developed, including the PliCath HF, an epicardial catheter-based device for ventricular reshaping. Operations center on research and development, with the product not yet commercially available. Expertise is contributed by co-founders such as Lon Annest and co-CEO David R.

Who are the top competitors of Bioventrix?

Bioventrix's top competitors include Sequana Medical, CVRx and Adona Medical.

What products or services does Bioventrix offer?

Bioventrix offers Heart Failure Treatment.

How many acquisitions has Bioventrix made?

Bioventrix has made 1 acquisition, including MateraCor.

Who are Bioventrix's investors?

Bioventrix has 6 investors. Key investors include Andera Partners, Cormorant, Taglich Brothers, Squarepoint Capital, and Richmond Brothers.

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