CardioPolymers

Laguna Hills, United States Founded: 2003 • Age: 23 yrs Acquired By LoneStar Heart
Biopolymer implant therapies are developed to treat cardiac abnormalities.

About CardioPolymers

CardioPolymers is a Healthcare company based in Laguna Hills (United States) founded in 2003, and was acquired by LoneStar Heart in June 2010. It operates as a biopolymer implant therapies are developed to treat cardiac abnormalities. CardioPolymers has raised $13.57 million across 1 funding round from investors including LoneStar Heart. The company was acqui-hired. Its focus areas include Life Sciences, Cardiac and Vascular Disorders, Medical Devices and Therapeutic Devices. Its legal entity is CARDIOPOLYMERS, INC. Its competitors include Sequana Medical, CVRx, HeartWare, Element Science and Ancora Heart and 5 more; 10 of its 10 listed competitors have raised funding.

Company details

CardioPolymers was established in 2003 in Laguna Hills, United States, within the biomedical sector. Focus is placed on biopolymer-based implant therapies for addressing cardiac conditions, including dilated cardiomyopathy. Operations center on the development of Algisyl-LVR, an implantable device designed to halt or reverse congestive heart failure progression. Previously known as Symphony Medical, the company was acquired by LoneStar Heart in June 2010.

Key Metrics

Funding Insights of CardioPolymers

CardioPolymers has successfully raised a total of $13.57M through 1 strategic funding round. The most recent funding activity was a Series B round of $13.57 million completed in July 2020. 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 $13.57M
  • Total Rounds 1
  • Last Round Series B β€” $13.57M
  • First Round $13.57M

    (Jul 2020)

All 1 funding rounds of CardioPolymers with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2020$13.57MSeries B––
–
Valuation history

1 investors in total: 1 institutional.

Investors in CardioPolymers

CardioPolymers has secured backing from 1 investor. Prominent investors backing the company include LoneStar Heart.

All
InvestorDescriptionFounded YearDomainLocation
Develops cardiac therapies for patients with chronic heart failure.
2010lonestarheartinc.comLaguna Hills, United States
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Investor details for CardioPolymers

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Timeline of CardioPolymers

3 dated milestones of CardioPolymers across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded CardioPolymers is founded.
  2. Exit Acquired by LoneStar Heart.
  3. Funding First funding round of $13.6M.

Competitors of CardioPolymers

CardioPolymers has 10 listed competitors in our database, 10 of them funded. They include Sequana Medical, CVRx, HeartWare, Element Science and Ancora Heart, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sequanamedical.com2006Zurich, Switzerland$35.5M–
Implantable battery-powered pumps for ascites removal are developed.
cvrx.com2001Minneapolis, United States$368.5M142
Implantable technology for hypertension and heart failure is developed.
heartware.com2005Framingham, United States$12.38M547
Miniaturized ventricular assist devices are developed for heart failure treatment.
elementscience.com2013San Francisco, United States$192.6M–
Wearable patch defibrillators are developed for sudden cardiac arrest treatment.
ancoraheart.com2001San Francisco, United States$151.26M89
Minimally invasive ventriculoplasty system for heart failure and FMR
syncardia.com2001Tucson, United States$60.96M–
Total artificial hearts are developed for cardiac replacement therapy.
adonamed.com2017Campbell, United States$71M–
Medical devices for heart failure management are developed.
respicardia.com2006Minnetonka, United States$184.62M68
Manufacturing implantable stimulation device to improve cardiovascular health by restoring natural breathing at night
bioventrix.com2003San Ramon, United States$181.42M20
Ventricular reconstruction devices for heart failure are developed.
alleviantmedical.com2017Houston, United States$179.87M–
Developer of devices to lift the burden of heart failure
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Detailed competitors of CardioPolymers

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  • Full competitor set
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Top companies in Cardiac and Vascular Disorders

10 companies that operate in the same segment as CardioPolymers (Cardiac and Vascular Disorders), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Connected devices for health, sleep, and activity monitoring are developed.
2008Moulineaux, Seine-maritime, FranceUSD 93.83 M––
SMT is recognized as a developer of cardiovascular medical devices.
1998Surat, Gujarat, IndiaUSD 57.22 MUSD 106.25 M1,090
Gene-editing therapies for coronary artery disease are developed.
2018Cambridge, Massachusetts, United StatesUSD 215.5 M–255
Cardiac monitoring devices and applications are provided for heart health.
2010Mountain View, California, United StatesUSD 114.38 MUSD 6.18 M67
Therapies for lowering low-density lipoprotein cholesterol levels are developed.
1998Ann Arbor, Michigan, United StatesUSD 129.7 MUSD 332.31 M304
Cloud-based ambulatory ECG monitors for cardiac arrhythmia diagnosis are provided.
2006San Francisco, California, United StatesUSD 109.23 MUSD 747.14 M2,000
Provider of neuroprotection devices for carotid artery disease
2007Sunnyvale, California, United StatesUSD 241.8 M––
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
2007East Peoria, Illinois, United StatesUSD 154.77 M–104
Access catheters for neurovascular stroke treatment are provided.
2015Campbell, California, United StatesUSD 596 M––
Biosensor patches are developed for monitoring multiple body vitals.
2011Campbell, California, United StatesUSD 239.95 M–184
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Frequently Asked Questions about CardioPolymers

CardioPolymers was founded in 2003 and raised its 1st funding round 17 years after it was founded.

CardioPolymers is headquartered in Laguna Hills, United States. It is registered at Laguna Hills, California, United States.

CardioPolymers is a funded company, having raised a total of $13.57M across 1 funding round to date. The company's 1st funding round was a Series B of $13.57M, raised on Jul 2020.

CardioPolymers was established in 2003 in Laguna Hills, United States, within the biomedical sector. Focus is placed on biopolymer-based implant therapies for addressing cardiac conditions, including dilated cardiomyopathy. Operations center on the development of Algisyl-LVR, an implantable device designed to halt or reverse congestive heart failure progression. Previously known as Symphony Medical, the company was acquired by LoneStar Heart in June 2010.

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

CardioPolymers has 1 investor. Key investors include LoneStar Heart.

CardioPolymers operates through Cardiopolymers, Inc..

Yes. CardioPolymers was acquired by LoneStar Heart in June 2010.

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