CircuLite

Teaneck, United States Founded: 2004 • Age: 22 yrs Acquired By HeartWare
Cardiac implants are developed for early-stage heart failure patients.
Annual revenue - Latest available
Total funding $99.0M 8 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
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
    $99 M (USD)

    in 8 rounds

  • Latest Funding Round
    $385.8 K (USD), Grant

    Aug 07, 2013

  • Investors
    HHS

    & 6 more

  • Employee Count
    Not available
  • Acquired by
    HeartWare

    (Dec 01, 2013)

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on lifescience and healthcare sectors
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Early stage VC firm investing in the US and Korea
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Investor details for CircuLite

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Investments & Acquisitions by CircuLite

Investments
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Investment portfolio details for CircuLite

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Financial Statements - CircuLite

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Detailed financials for CircuLite

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Circulite Comparisons

CircuLite Primary company
Description
Cardiac implants are developed for early-stage heart failure...
Location
Teaneck, United States
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CircuLite

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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.

Company Name Domain Founded year HQ Location Description
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Implantable technology for hypertension and heart failure is developed.
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Implantable battery-powered pumps for ascites removal are developed.
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Medical devices for heart failure management are developed.
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Wearable patch defibrillators are developed for sudden cardiac arrest treatment.
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Implantable inter-atrial shunts are developed to treat chronic heart failure.
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Minimally invasive ventriculoplasty system for heart failure and FMR
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Detailed competitors of CircuLite

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Latest news on Circulite

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Complete news archive for CircuLite

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Frequently Asked Questions about CircuLite

CircuLite was founded in 2004 and raised its 1st funding round 3 years after it was founded.

CircuLite is headquartered in Teaneck, United States. It is registered at Teaneck, New Jersey, United States.

Paul J Southworth is the current CEO of CircuLite.

CircuLite is a funded company, having raised a total of $99M across 8 funding rounds to date.

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.

CircuLite's top competitors include Sequana Medical, CVRx and Adona Medical.

CircuLite has 7 investors. Key investors include HHS, HeartWare, Forbion, Crédit Agricole Private Equity, and Oxford Bioscience Partners.

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