Cardival Medical

Santa Clara, United States Founded: 2002 • Age: 24 yrs Acquired By Haemonetics
A device for vascular access management is developed.
Annual revenue - Latest available
Total funding $169.5M 13 rounds
Employees 158 Tracked headcount
Investors 10 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Cardival Medical

Cardival Medical is a company based in Santa Clara (United States) founded in 2002 was acquired by Haemonetics in January 2021. Cardival Medical has raised $169.45 million across 13 funding rounds from investors including Haemonetics, GE Capital and WI Harper Group. The company has 158 employees as of December 31, 2022. Cardival Medical offers products and services including Cell Saver, TEG 6s, and VASCADE. Cardival Medical operates in a competitive market with competitors including TISSIUM, Laminate Medical, Vivasure Medical, Saranas and Aziyo Biologics, among others.

  • Headquarter Santa Clara, United States
  • Employees 158 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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  • Legal Name Cardiva Medical, Inc.
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
    $169.45 M (USD)

    in 13 rounds

  • Latest Funding Round
    $45 M (USD), Series E

    Jul 14, 2020

  • Investors
    Haemonetics

    & 9 more

  • Employee Count
    158

    as on Dec 31, 2022

  • Acquired by
    Haemonetics

    (Jan 20, 2021)

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Products & Services of Cardival Medical

Cardival Medical offers a comprehensive portfolio of products and services, including Cell Saver, TEG 6s, and VASCADE.

Product name locked
Category locked
Primary

Device for recovering blood during surgical procedures

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System for monitoring and analyzing blood clotting functions

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Tool for sealing vascular access sites post-procedure

Funding Insights of Cardival Medical

Cardival Medical has successfully raised a total of $169.45M across 13 strategic funding rounds. The most recent funding activity was a Series E round of $45 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.

Investors in Cardival Medical

Cardival Medical has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Haemonetics, GE Capital and WI Harper Group.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Life Sciences focused VC firm investing in expansion & late stage start-ups in the US
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Investment management services are provided by Luther King Capital Management.
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Investments & Acquisitions by Cardival Medical

Investments
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Investment portfolio details for Cardival Medical

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Financial Statements - Cardival Medical

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Detailed financials for Cardival Medical

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Cardival Medical Comparisons

Cardival Medical Primary company
Description
A device for vascular access management is developed.
Location
Santa Clara, United States
Founded Year
2002
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
158
As of 2022
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Peer comparison for Cardival Medical

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Competitors of Cardival Medical

Cardival Medical 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 TISSIUM, Laminate Medical, Vivasure Medical, Saranas and Aziyo Biologics, among others.

Company Name Domain Founded year HQ Location Description
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Vascular sealants for open surgery are developed by TISSIUM.
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AV fistula maturation and patency are supported by VasQ device.
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Bioabsorbable implants and delivery systems for arteriotomy closure are developed.
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A device is developed for detecting internal bleeding during catheterization.
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Regenerative medicine products are developed for orthopedic and cardiovascular applications.
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Detailed competitors of Cardival Medical

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Latest news on Cardival Medical

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Complete news archive for Cardival Medical

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Frequently Asked Questions about Cardival Medical

Cardival Medical was founded in 2002 and raised its 1st funding round 1 year after it was founded.

Cardival Medical is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Cardival Medical is a funded company, having raised a total of $169.45M across 13 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Cardival Medical is 158.

Cardival Medical was founded in 2002 in Santa Clara, United States, where medical devices for vascular access are developed. Operations center on two products: Vascade, an extravascular bioabsorbable femoral access closure system, and CATALYST, used for temporary hemostasis and coagulation support in patients. The focus remains on vascular sector innovations, with activities based in the United States.

Cardival Medical's top competitors include TISSIUM, Vivasure Medical and Aziyo Biologics.

Cardival Medical offers Cell Saver, TEG 6s, and VASCADE.

Cardival Medical has 10 investors. Key investors include Haemonetics, GE Capital, WI Harper Group, PTV Healthcare Capital, and Canepa Healthcare.

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