CereVasc

Auburndale, United States Founded: 2015 • Age: 11 yrs
eShunt device is developed for communicating hydrocephalus treatment.
Annual revenue - Latest available
Total funding $198.9M 3 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About CereVasc

CereVasc is a company based in Auburndale (United States) founded in 2015 by Adel Malek, Patrick Sullivan, and Carl Heilman. CereVasc has raised $198.9 million across 3 funding rounds from investors including Bain Capital, Xontogeny and ATON Partners. CereVasc offers products and services including eShunt System. CereVasc operates in a competitive market with competitors including IRRAS, Tissuemed, Longeviti, Aqueduct Critical Care and NeuroDx, among others.

  • Headquarter Auburndale, United States
  • Founders Adel Malek, Patrick Sullivan, Carl Heilman
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
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  • Website
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  • Social
    Locked
  • Legal Name Cerevasc, 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
    $198.9 M (USD)

    in 3 rounds

  • Latest Funding Round
    $85 M (USD), Series C

    Jun 04, 2026

  • Investors
  • Employee Count
    Not available
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Products & Services of CereVasc

CereVasc offers a comprehensive portfolio of products and services, including eShunt System.

Product name locked
Category locked
Primary

Minimally invasive device for treating hydrocephalus

People of CereVasc

Headcount 1-10
Employee Profiles 9
Employee Profiles
People
Tyree Chambers
Director Of Finance
People
Daniel Levangie
President & CEO
People
Adel Malek
Chief Medical Officer
People
Stephen Conroy
Director Of Operations

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Funding Insights of CereVasc

CereVasc has successfully raised a total of $198.9M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $85 million completed in June 2026. 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 CereVasc

CereVasc has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Bain Capital, Xontogeny and ATON Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Life science startups are accelerated through focused programs by Xontogeny.
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Debt and equity investments are pursued across multiple sectors.
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Management consulting and investment guidance in medical technology are provided by ATON Partners.
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Investor details for CereVasc

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  • Investor locations
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Investments & Acquisitions by CereVasc

Investments
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Investment portfolio details for CereVasc

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Financial Statements - CereVasc

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Detailed financials for CereVasc

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  • Profit trends
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Cerevasc Comparisons

CereVasc Primary company
Description
eShunt device is developed for communicating hydrocephalus t...
Location
Auburndale, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CereVasc

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Competitors of CereVasc

CereVasc 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 IRRAS, Tissuemed, Longeviti, Aqueduct Critical Care and NeuroDx, among others.

Company Name Domain Founded year HQ Location Description
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Provider of devices for fluid control and management after surgery
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Bioadhesive films are developed to seal leaks in surgical procedures.
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Implantable neurosurgical devices are developed for cranial defect correction.
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Novel products to manage Cerebral Spinal Fluid (CSF) pressure
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Medical devices for assessing shunt function in hydrocephalus patient.
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Detailed competitors of CereVasc

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Latest news on Cerevasc

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Complete news archive for CereVasc

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Frequently Asked Questions about CereVasc

CereVasc was founded in 2015 and raised its 1st funding round 5 years after it was founded.

CereVasc is headquartered in Auburndale, United States. It is registered at Auburndale, Florida, United States.

Daniel Levangie is the current CEO of CereVasc.

CereVasc is a funded company, having raised a total of $198.9M across 3 funding rounds to date.

CereVasc was founded in 2015 and is based in Auburndale, United States. The company operates in the medical device sector, focusing on neurological conditions. A non-invasive cerebrospinal fluid shunt and catheter-based delivery system are being developed to treat communicating hydrocephalus, which impacts children and adults. Operations center on advancing this eShunt solution for clinical use.

CereVasc's top competitors include Tissuemed, Aqueduct Critical Care and IRRAS.

CereVasc offers eShunt System.

CereVasc has 8 investors. Key investors include Bain Capital, Xontogeny, ATON Partners, Piper Sandler, and Johnson & Johnson Innovation.

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