Cardiovascular Systems

Saint Paul, United States Founded: 1989 • Age: 37 yrs Listed Acquired By Abbott
Devices for treating peripheral and coronary vascular disease are developed.

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. 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
  • Stage Public
  • Sectors
    Healthcare
  • Website csi360.com
  • Social LinkedIn
  • Acquired by Abbott (Feb 2023)
Key Metrics
  • Total Equity Funding
    $121.34M (USD)

    in 10 rounds

  • Latest Funding Round
    $13.5M (USD), Post-IPO

    Mar 2013

  • Investors
    Abbott

    & 3 more

  • Employee Count
    780
  • Acquired by
    Abbott

    (Feb 2023)

Products & Services of Cardiovascular Systems

Cardiovascular Systems offers a comprehensive portfolio of products and services, including Diamondback 360, ViperWire Advance, and Stealth 360.

Diamondback 360
Peripheral Orbital Atherectomy System

System for treating calcified arterial lesions in patients.

ViperWire Advance
Peripheral Guide Wire

Guide wire used in atherectomy and vascular procedures.

Stealth 360
Peripheral Orbital Atherectomy System

Device for orbital atherectomy in peripheral vessels.

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 $121.34M
  • Total Rounds 10
  • Last Round Post-IPO β€” $13.5M
  • First Round $140,000

    (Aug 2002)

  • Investors Count 3

All 10 funding rounds of Cardiovascular Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2013$13.5MPost-IPO––
–
May 2011$40,116Post-IPO––
–
Dec 2010$3.5MPost-IPO––
–
Jan 2008$11.22MPost-IPO––
Jul 2006$25MPost-IPO––
Sep 2005$62.5MSeries B––
–
Nov 2004$46MSeries A––
–
May 2004$7.7MSeries A––
–
Jun 2003$5MSeries A––
–
Aug 2002$140,000Unspecified––
–
Valuation history

4 investors in total: 4 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage tech and life-sciences firms are funded across the US.
–maverickventures.comSan Francisco, United States
-
–eastoncapital.com-
Corporate-backed venture capital firm focused on healthcare, IT, and multiple sectors
–mitsui-global.comMenlo Park, United States
Developer of medical devices, generic pharmaceuticals, and nutrition products
1888abbott.comLibertyville, United States
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Investor details for Cardiovascular Systems

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People of Cardiovascular Systems

63 people are tracked at Cardiovascular Systems (17 in leadership, 3 in board & advisors, 43 in team); the tracked headcount is 780.

NameRoleGroup
Jeffrey S. Points
CFOLeadership
Andrew P. O’Brien
VP, Information TechnologyLeadership
Peter F. Hirshman
VP, Quality & OperationsLeadership
Philip B. Freed
VP, MarketingLeadership
Brian Catalano
Vice President, National AccountsLeadership
Barbara Kind
Sr. Director, Health Economics & ResearchLeadership
Tony Winters
Director, Global Medical Affairs, Cardiovascular TrainingLeadership
Emerson Marques
Vice President - Marketing, Portfolio Strategy And Commercial OperationsLeadership
Christopher Ryan
Director Of International Markets (business Development & Sales) At Cardiovascular Systems, Inc.Leadership
Jim Wilson
Sr. Director, Digital Marketing Transformation And Customer CommunicationsLeadership
Peter Jaccarino
Director National AccountsLeadership
Ron Ward
Director Of National AccountsLeadership
Jeffery W. Chambers
Chief Medical OfficerLeadership
Scott R. Ward
President & CEOLeadership
John E. Nielsen
VP, Investor Relations & Corporate CommunicationsLeadership
Sandra M. Sedo
Chief Compliance OfficerLeadership
Todd Vanacore
Regional Sales DirectorLeadership
Kelvin Womack
DirectorBoard & advisors
Stephen Stenbeck
DirectorBoard & advisors
Augustine Lawlor
DirectorBoard & advisors

43 more people are available in the full profile.

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Complete people profiles for Cardiovascular Systems

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Timeline of Cardiovascular Systems

5 dated milestones of Cardiovascular Systems across 34 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cardiovascular Systems is founded.
  2. Funding First funding round of $140K.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $13.5M.
  5. Exit Acquired by Abbott.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
contegomedical.com2005Raleigh, United States$66.01M–
Provider of vascular stenting with embolic protection for both coronary and peripheral vasculature
angioscore.com2003Fremont, United States$87M–
Scoring balloon catheters for coronary and peripheral angioplasty are developed.
echopointmedical.com2018London, United Kingdom$9.74M8
Smart devices for monitoring coronary artery disease are developed.
shapemem.com2009Santa Clara, United States$77.27M37
Embolization devices are developed using Shape Memory Polymer foams.
limflow.com2012Paris, France$97.45M–
Developer a system for venous arterialization of the lower limbs
terumo.com1921Somerset, United States––
Portfolio of medical devices for interventional cardiology is provided.
vasc.com1997Minneapolis, United States$12M562
Products for vascular diagnostics and interventional procedures are developed.
ev3.net2000Plymouth, United States$58.8M1,307
Surgical products for treatment of Peripheral vascular & Neurovascular diseases
vascular-flow.com1998Dundee, United Kingdom$16.79M10
Vascular devices are developed using spiral laminar flow technology.
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Detailed competitors of Cardiovascular Systems

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
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Verified entity values are shown only after access is granted.

Web traffic of Cardiovascular Systems

The website of Cardiovascular Systems (csi360.com) receives about 2.6K visits a month.

  • Monthly visits
    2.6K

    ▲ 30.1% vs previous month

Similar websites

Websites whose visitors overlap most with Cardiovascular Systems. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
medrad.com
100%
––View details
texasheart.org
99%
590.5K#114,882View details
bardpv.com
99%
1.4K#13,184,975View details
merillife.com
99%
81.5K#441,984View details
bostonscientific.com
99%
738.5K#88,615View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 8 similar websites and full traffic analytics for Cardiovascular Systems

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 8 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Cardiovascular Systems

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Complete news archive for Cardiovascular Systems

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
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Similar companies to Cardiovascular Systems

10 companies that operate in the same segment as Cardiovascular Systems (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 Cardiovascular Systems

Cardiovascular Systems was founded in 1989 and raised its 1st funding round 13 years after it was founded.

Cardiovascular Systems is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.

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 Unspecified of $140K, raised on Aug 2002.

Cardiovascular Systems has 780 employees.

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.

Cardiovascular Systems's top competitors include Contego Medical, Limflow and Shape Memory Medical.

Cardiovascular Systems offers Diamondback 360, ViperWire Advance, and Stealth 360.

Cardiovascular Systems has 4 investors. Key investors include Abbott, Maverick Ventures, Easton Capital Investment Group, and Mitsui Global Investment.

Yes. Cardiovascular Systems was acquired by Abbott in February 2023.

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