CathVision

Copenhagen, Denmark Founded: 2013 • Age: 13 yrs
Provider and developer of an AI-based cardiac ablation therapy software and device
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About CathVision

CathVision is a company based in Copenhagen (Denmark) founded in 2013 by Rune Orndrup.. CathVision has raised $36.08 million across 11 funding rounds from investors including European Union, EIC Fund and Danmarks Eksport- og Investeringsfond. The company has 21 employees as of November 30, 2024. CathVision offers products and services including ECGenius System and CARDIALYTICS. CathVision operates in a competitive market with competitors including AtriCure, AtaCor Medical, Kestra Medical Technologies, CardioFocus and Biosense Webster, among others.

  • Headquarter Copenhagen, Denmark
  • Employees 21 as on 30 Nov, 2024
  • Founders Rune Orndrup
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cathvision Aps
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
    $-1 M (USD)
    -38
    as on Dec 31, 2021
  • EBITDA
    $-1.47 M (USD)
    -28
    as on Dec 31, 2021
  • Total Equity Funding
    $36.08 M (USD)

    in 11 rounds

  • Latest Funding Round
    $9 M (USD), Series B

    Jul 18, 2023

  • Investors
  • Employee Count
    21

    as on Nov 30, 2024

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Products & Services of CathVision

CathVision offers a comprehensive portfolio of products and services, including ECGenius System and CARDIALYTICS. 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.

Primary

Enhances cardiac electrical signals for improved arrhythmia diagnosis.

Offers automated tools for analyzing atrial fibrillation and other arrhythmias.

People of CathVision
Headcount 10-50
Employee Profiles 12
Board Members and Advisors 6
Employee Profiles
People
Joel Earnest-Deyoung
Software Architect
People
Yvonne Bjørkhjolt
Test Engineer
People
Allan Gersfelt-Larsen
VP, Engineering
People
Rune Ørndrup
CoFounder, CFO

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Board Members and Advisors
people
Søren Thestrup-Nielsen
Chairman
people
Denis Gestin
Board Member
people
Harold Wodlinger
Consultant
people
Magnus Holm
Board member

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Funding Insights of CathVision

CathVision has successfully raised a total of $36.08M across 11 strategic funding rounds. The most recent funding activity was a Series B round of $9 million completed in July 2023. 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 Rounds 11
  • Last Round Series B — $9.0M
  • First Round

    (24 Mar 2014)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2023 Amount Series B - CathVision Valuation

investors

May, 2022 Amount Series B - CathVision Valuation

investors

Jul, 2021 Amount Grant - CathVision Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CathVision

CathVision has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and Danmarks Eksport- og Investeringsfond. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Provision of financing, loans, equity, and insurance for Danish export and investment activities.
Founded Year Domain Location
Borean is engaged in providing outdoor adventure experiences.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CathVision

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CathVision

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cathvision Comparisons

Employees
+
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Competitors of CathVision

CathVision 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 AtriCure, AtaCor Medical, Kestra Medical Technologies, CardioFocus and Biosense Webster, 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
domain founded_year HQ Location
Cardiac ablation and occlusion devices for atrial fibrillation are provided.
domain founded_year HQ Location
An implantable pacemaker system is developed for cardiac pacing therapy.
domain founded_year HQ Location
Medical devices are developed to support cardiovascular patients at risk.
domain founded_year HQ Location
Endoscopic catheter for atrial fibrillation ablation is developed.
domain founded_year HQ Location
Mapping catheters for cardiac arrhythmia treatment are developed.
domain founded_year HQ Location
Wireless cardiac pacing devices are developed for left ventricle stimulation.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cathvision

Frequently Asked Questions about CathVision

When was CathVision founded?

CathVision was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is CathVision located?

CathVision is headquartered in Copenhagen, Denmark.

Is CathVision a funded company?

CathVision is a funded company, having raised a total of $36.08M across 11 funding rounds to date. The company's 1st funding round was a Grant of $59.38K, raised on Mar 24, 2014.

How many employees does CathVision have?

As of Nov 30, 2024, the latest employee count at CathVision is 21.

What does CathVision do?

CathVision was founded in 2013 in Copenhagen, Denmark, as a developer of AI-based software and devices for cardiac electrophysiology in the medical technology sector. The CathVision Cube is provided to visualize electrophysiology signals, enabling accurate therapy delivery through low-noise ablation and high signal quality. Real-time streaming, analysis, and storage of EP signals are supported, with AI algorithms integrated into the interface for clinical decision support.

Who are the top competitors of CathVision?

CathVision's top competitors include AtaCor Medical, AtriCure and CardioFocus.

What products or services does CathVision offer?

CathVision offers ECGenius System and CARDIALYTICS.

Who are CathVision's investors?

CathVision has 4 investors. Key investors include European Union, EIC Fund, Danmarks Eksport- og Investeringsfond, and Borean.

What is CathVision's valuation?

The valuation of CathVision is $28.42M as of May 2022.

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