Cardiovascular Systems

Saint Paul, United States Founded: 1989 • Age: 37 yrs Acquired By Abbott
Devices for treating peripheral and coronary vascular disease are developed.
Annual revenue - Latest available
Total funding $121.3M 10 rounds
Employees 780 Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $121.34 M (USD)

    in 10 rounds

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

    Mar 12, 2013

  • Investors
    Abbott

    & 3 more

  • Employee Count
    780

    as on Jun 30, 2021

  • Acquired by
    Abbott

    (Feb 08, 2023)

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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.

Product name locked
Category locked
Primary

System for treating calcified arterial lesions in patients.

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Guide wire used in atherectomy and vascular procedures.

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Device for orbital atherectomy in peripheral vessels.

People of Cardiovascular Systems

Headcount 500-1000
Employee Profiles 60
Board Members and Advisors 3
Employee Profiles
People
Jeffrey S. Points
CFO
People
Andrew P. O’Brien
VP, Information Technology
People
Galina Dobkin
Sr. Clinical Program Manager
People
Kristen Rauscher
Sr. Product Development Program Manager

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Board Members and Advisors
people
Kelvin Womack
Director
people
Stephen Stenbeck
Director
people
Augustine Lawlor
Director

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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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Investor details for Cardiovascular Systems

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Investments & Acquisitions by Cardiovascular Systems

Investments
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Investment portfolio details for Cardiovascular Systems

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  • Transaction dates
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Financial Statements - Cardiovascular Systems

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Detailed financials for Cardiovascular Systems

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Cardiovascular Systems Comparisons

Cardiovascular Systems Primary company
Description
Devices for treating peripheral and coronary vascular diseas...
Location
Saint Paul, United States
Founded Year
1989
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
780
As of 2021
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Peer comparison for Cardiovascular Systems

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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 Name Domain Founded year HQ Location Description
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Provider of vascular stenting with embolic protection for both coronary and peripheral vasculature
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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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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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Detailed competitors of Cardiovascular Systems

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Latest news on Cardiovascular Systems

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Complete news archive for Cardiovascular Systems

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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.

As of Jun 30, 2021, the latest employee count at Cardiovascular Systems is 780.

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.

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