About Cardiovascular Systems
Cardiovascular Systems is a company based in Saint Paul (United States) founded in 1989 was acquired by Abbott in February 2023.. Cardiovascular Systems has raised $121.34 million across 10 funding rounds from investors including Abbott, Maverick Ventures and Easton Capital Investment Group. The company has 780 employees as of June 30, 2021. Cardiovascular Systems offers products and services including Diamondback 360, ViperWire Advance, and Stealth 360. Cardiovascular Systems operates in a competitive market with competitors including Contego Medical, AngioScore, Echopoint Medical, Shape Memory Medical and Limflow, among others.
- Headquarter Saint Paul, United States
- Employees 780 as on 30 Jun, 2021
- Stage Public
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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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Products & Services of Cardiovascular Systems
Cardiovascular Systems offers a comprehensive portfolio of products and services, including Diamondback 360, ViperWire Advance, and Stealth 360. 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.
System for treating calcified arterial lesions in patients.
Guide wire used in atherectomy and vascular procedures.
Device for orbital atherectomy in peripheral vessels.
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Sales and Marketing
18 people
Leadership Team
11 people
Software Development Team
10 people
Finance and Accounting
3 people
Sr. Team
3 people
Data Analysis and Operations Team
3 people
Clinical Team
3 people
Product Management Team
2 people
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Funding Insights of Cardiovascular Systems
Cardiovascular Systems has successfully raised a total of $121.34M across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $13.5 million completed in March 2013. 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 10
- Last Round Post-IPO — $13.5M
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First Round
First Round
(14 Aug 2002)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2013 | Amount | Post-IPO - Cardiovascular Systems | Valuation |
investors |
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| May, 2011 | Amount | Post-IPO - Cardiovascular Systems | Valuation |
investors |
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| Dec, 2010 | Amount | Post-IPO - Cardiovascular Systems | 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 Cardiovascular Systems
Cardiovascular Systems has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Abbott, Maverick Ventures and Easton Capital Investment Group. 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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Early-stage tech and life-sciences firms are funded across the US.
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Corporate-backed venture capital firm focused on healthcare, IT, and multiple sectors
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Cardiovascular Systems
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cardiovascular Systems
| 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 |
Cardiovascular Systems Comparisons
Competitors of Cardiovascular Systems
Cardiovascular Systems 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 Contego Medical, AngioScore, Echopoint Medical, Shape Memory Medical and Limflow, 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 |
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| domain | founded_year | HQ Location |
Provider of vascular stenting with embolic protection for both coronary and peripheral vasculature
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| domain | founded_year | HQ Location |
Scoring balloon catheters for coronary and peripheral angioplasty are developed.
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Smart devices for monitoring coronary artery disease are developed.
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| domain | founded_year | HQ Location |
Embolization devices are developed using Shape Memory Polymer foams.
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Developer a system for venous arterialization of the lower limbs
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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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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cardiovascular Systems
Frequently Asked Questions about Cardiovascular Systems
When was Cardiovascular Systems founded?
Cardiovascular Systems was founded in 1989 and raised its 1st funding round 13 years after it was founded.
Where is Cardiovascular Systems located?
Cardiovascular Systems is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.
Is Cardiovascular Systems a funded company?
Cardiovascular Systems is a funded company, having raised a total of $121.34M across 10 funding rounds to date. The company's 1st funding round was a Post-IPO of $3.5M, raised on Aug 14, 2002.
How many employees does Cardiovascular Systems have?
As of Jun 30, 2021, the latest employee count at Cardiovascular Systems is 780.
What does Cardiovascular Systems do?
Cardiovascular Systems was founded in 1989 and is headquartered in Saint Paul, United States. Medical devices for addressing peripheral and coronary vascular disease are developed and provided by the company within the healthcare sector. Operations focus on innovative tools, including the Orbital Atherectomy Systems, which are designed to treat calcified and fibrotic plaque in arterial vessels of the legs and heart.
Who are the top competitors of Cardiovascular Systems?
Cardiovascular Systems's top competitors include Contego Medical, Limflow and Shape Memory Medical.
What products or services does Cardiovascular Systems offer?
Cardiovascular Systems offers Diamondback 360, ViperWire Advance, and Stealth 360.
Who are Cardiovascular Systems's investors?
Cardiovascular Systems has 4 investors. Key investors include Abbott, Maverick Ventures, Easton Capital Investment Group, and Mitsui Global Investment.
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