About Cordis
Cordis is a company based in Fremont (United States) founded in 1957 was acquired by Hellman & Friedman in March 2021.. The company has 14 employees as of April 09, 2024. Cordis has completed 3 acquisitions, including Flexible Stenting Solutions, Lumend and MedAlliance. Cordis operates in a competitive market with competitors including TISSIUM, Cardival Medical, Laminate Medical, Aziyo Biologics and Vivasure Medical, among others.
- Headquarter Fremont, United States
- Employees 14 as on 09 Apr, 2024
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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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- Legal Name Cordis India Medical Devices Private Limited
- Date of Incorporation 29 Mar, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$12 M (USD)36.45as on Mar 31, 2022
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Net Profit
$442.27 K (USD)1197.07as on Mar 31, 2022
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EBITDA
$209.13 K (USD)-50.27as on Mar 31, 2022
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Latest Funding Round
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Investors
KKR
& 3 more
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Employee Count
14
as on Apr 09, 2024
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Investments & Acquisitions
Flexible Stenting Solutions
& 2 more
- Acquired by
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Finance and Accounting
21 people
Leadership Team
19 people
Software Development Team
12 people
Human Resources and Administration
10 people
Senior Team
4 people
Operations Team
4 people
Manager Team
2 people
Legal and Compliance
2 people
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Funding Insights of Cordis
| 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 Cordis
Cordis has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR, Cardinal Health and Ajax Health. 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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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Private equity firm focused on acquisitions
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Founded Year | Domain | Location | |
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Multiple healthcare products and services are provided to organizations.
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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 Cordis
Cordis has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Flexible Stenting Solutions, Lumend and MedAlliance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Developer of drug delivery device for the treatment of coronary and peripheral artery diseases
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2008 | ||||
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Self-expanding biliary stents are developed for palliative treatment of strictures.
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2006 | ||||
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Catheter-based technologies for crossing chronic vascular occlusions are developed.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cordis
| 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 |
Cordis Comparisons
Competitors of Cordis
Cordis 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, Cardival Medical, Laminate Medical, Aziyo Biologics and Vivasure Medical, 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 |
Vascular sealants for open surgery are developed by TISSIUM.
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| domain | founded_year | HQ Location |
A device for vascular access management is developed.
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| domain | founded_year | HQ Location |
AV fistula maturation and patency are supported by VasQ device.
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| domain | founded_year | HQ Location |
Regenerative medicine products are developed for orthopedic and cardiovascular applications.
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| domain | founded_year | HQ Location |
Bioabsorbable implants and delivery systems for arteriotomy closure are developed.
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| domain | founded_year | HQ Location |
Ultrasound thrombolytic devices for pulmonary embolism treatment are developed.
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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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Latest news on Cordis
Frequently Asked Questions about Cordis
When was Cordis founded?
Cordis was founded in 1957.
Where is Cordis located?
Cordis is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Who is the current CEO of Cordis?
Shar Matin is the current CEO of Cordis.
How many employees does Cordis have?
As of Apr 09, 2024, the latest employee count at Cordis is 14.
What is the annual revenue of Cordis?
Annual revenue of Cordis is $12M as on Mar 31, 2022.
What does Cordis do?
Cordis was founded in 1957 and is headquartered in Fremont, United States. Operations focus on the medical device sector, where products including stents, catheters, guidewires, and vena cava filters are manufactured. These items support interventional medicine, minimally invasive imaging, and electrophysiology procedures. Distribution occurs globally through established channels in the cardiovascular field.
Who are the top competitors of Cordis?
Cordis's top competitors include TISSIUM, Vivasure Medical and Rejoni.
How many acquisitions has Cordis made?
Cordis has made 3 acquisitions, including Flexible Stenting Solutions, Lumend, and MedAlliance.
Who are Cordis's investors?
Cordis has 4 investors. Key investors include KKR, Cardinal Health, Ajax Health, and Hellman & Friedman.
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