About CircuLite
CircuLite is a company based in Teaneck (United States) founded in 2004 was acquired by HeartWare in December 2013.. CircuLite has raised $99 million across 8 funding rounds from investors including HHS, HeartWare and Forbion. CircuLite operates in a competitive market with competitors including CVRx, Sequana Medical, Adona Medical, Element Science and V-Wave, among others.
- Headquarter Teaneck, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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Funding Insights of CircuLite
CircuLite has successfully raised a total of $99M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $385.8 thousand completed in August 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 Total Funding
- Total Rounds 8
- Last Round Grant — $385,798
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First Round
First Round
(23 Apr 2007)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2013 | Amount | Grant - CircuLite | Valuation |
investors |
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| Jul, 2013 | Amount | Grant - CircuLite | Valuation |
investors |
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| Nov, 2011 | Amount | Series D - CircuLite | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CircuLite
CircuLite has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, HeartWare and Forbion. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on lifescience and healthcare sectors
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Founded Year | Domain | Location | |
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Early stage VC firm investing in the US and Korea
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CircuLite
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CircuLite
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Circulite Comparisons
Competitors of CircuLite
CircuLite 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 CVRx, Sequana Medical, Adona Medical, Element Science and V-Wave, 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 |
Implantable technology for hypertension and heart failure is developed.
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| domain | founded_year | HQ Location |
Implantable battery-powered pumps for ascites removal are developed.
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| domain | founded_year | HQ Location |
Medical devices for heart failure management are developed.
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| domain | founded_year | HQ Location |
Wearable patch defibrillators are developed for sudden cardiac arrest treatment.
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| domain | founded_year | HQ Location |
Implantable inter-atrial shunts are developed to treat chronic heart failure.
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| domain | founded_year | HQ Location |
Minimally invasive ventriculoplasty system for heart failure and FMR
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CircuLite
When was CircuLite founded?
CircuLite was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Where is CircuLite located?
CircuLite is headquartered in Teaneck, United States. It is registered at Teaneck, New Jersey, United States.
Who is the current CEO of CircuLite?
Paul J Southworth is the current CEO of CircuLite.
Is CircuLite a funded company?
CircuLite is a funded company, having raised a total of $99M across 8 funding rounds to date. The company's 1st funding round was a Series D of $30M, raised on Apr 23, 2007.
What does CircuLite do?
The company was founded in 2004 and is headquartered in Teaneck, United States. Operations focus on the medical device sector, specifically cardiovascular technology. Minimally invasive micro-pumps are produced for long-term partial circulatory support in patients with early-stage heart failure. These devices are implanted using endovascular or minimally invasive surgical methods in a superficial pacemaker-like pocket. The proprietary micro-pump platform supports this compact design for partial support applications.
Who are the top competitors of CircuLite?
CircuLite's top competitors include Sequana Medical, CVRx and Adona Medical.
Who are CircuLite's investors?
CircuLite has 7 investors. Key investors include HHS, HeartWare, Forbion, Crédit Agricole Private Equity, and Oxford Bioscience Partners.
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