CardioFocus

Marlborough, United States Founded: 1990 • Age: 36 yrs
Endoscopic catheter for atrial fibrillation ablation is developed.
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About CardioFocus

CardioFocus is a company based in Marlborough (United States) founded in 1990.. CardioFocus has raised $260.86 million across 22 funding rounds from investors including Boston Scientific, SVB and HHS. CardioFocus offers products and services including HeartLight X3 and Centauri System. CardioFocus operates in a competitive market with competitors including AtaCor Medical, AtriCure, Kestra Medical Technologies, EBR Systems and AuriGen Medical, among others.

  • Headquarter Marlborough, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cardiofocus Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $260.86 M (USD)

    in 22 rounds

  • Latest Funding Round
    $31.76 M (USD), Series E

    Feb 23, 2023

  • Investors
  • Employee Count
    Employee Count
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Products & Services of CardioFocus

CardioFocus offers a comprehensive portfolio of products and services, including HeartLight X3 and Centauri 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

Provides precise laser technology for atrial fibrillation ablation procedures.

Delivers efficient PFA technology for cardiac arrhythmia management.

People of CardioFocus
Headcount 50-200
Employee Profiles 14
Board Members and Advisors 6
Employee Profiles
People
Jerry Melsky
VP, Engineering
People
Chris Brushett
Principal Catheter Engineer
People
Caleb Tshaba
Catheter Manufacturing Engineer
People
Hamid Massoud
Principal R&d Engineer

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Funding Insights of CardioFocus

CardioFocus has successfully raised a total of $260.86M across 22 strategic funding rounds. The most recent funding activity was a Series E round of $31.76 million completed in February 2023. 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 22
  • Last Round Series E — $31.8M
  • First Round

    (06 Jan 2000)

  • Investors Count 18
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2023 Amount Debt – Conventional - CardioFocus Valuation

investors

Feb, 2023 Amount Series E - CardioFocus Valuation

investors

Apr, 2022 Amount Series E - CardioFocus 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 CardioFocus

CardioFocus has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Boston Scientific, SVB and HHS. 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
-
Founded Year Domain Location
Early stage VC firm investing in the US and Korea
Founded Year Domain Location
-
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 CardioFocus

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 - CardioFocus

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

Cardiofocus Comparisons

Employees
+
Add Comparison
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Competitors of CardioFocus

CardioFocus 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 AtaCor Medical, AtriCure, Kestra Medical Technologies, EBR Systems and AuriGen 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
An implantable pacemaker system is developed for cardiac pacing therapy.
domain founded_year HQ Location
Cardiac ablation and occlusion devices for atrial fibrillation are provided.
domain founded_year HQ Location
Medical devices are developed to support cardiovascular patients at risk.
domain founded_year HQ Location
Wireless cardiac pacing devices are developed for left ventricle stimulation.
domain founded_year HQ Location
Trans-septal implants for atrial fibrillation treatment 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.

Frequently Asked Questions about CardioFocus

When was CardioFocus founded?

CardioFocus was founded in 1990 and raised its 1st funding round 10 years after it was founded.

Where is CardioFocus located?

CardioFocus is headquartered in Marlborough, United States. It is registered at Marlborough, Massachusetts, United States.

Is CardioFocus a funded company?

CardioFocus is a funded company, having raised a total of $260.86M across 22 funding rounds to date. The company's 1st funding round was a Series E of $4M, raised on Jan 06, 2000.

What does CardioFocus do?

CardioFocus was founded in 1990 and is headquartered in Marlborough, United States. The company operates in the medical device sector, specializing in cardiology solutions for atrial fibrillation treatment. The HeartLight Endoscopic Ablation System is utilized to enable visual guidance of laser energy for pulmonary vein isolation during procedures. Products are distributed across Europe and Australia, with FDA approval obtained for the United States market.

Who are the top competitors of CardioFocus?

CardioFocus's top competitors include AtaCor Medical, AtriCure and Kestra Medical Technologies.

What products or services does CardioFocus offer?

CardioFocus offers HeartLight X3 and Centauri System.

Who are CardioFocus's investors?

CardioFocus has 18 investors. Key investors include Boston Scientific, SVB, HHS, Boston University, and Oxford Finance.

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