Corindus Vascular Robotics

Waltham, United States Founded: 2001 • Age: 25 yrs Acquired By Siemens Healthineers
Remote robotic systems for vascular interventional procedures are developed.
Annual revenue - Latest available
Total funding $21.9M 8 rounds
Employees 170 Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Corindus Vascular Robotics

Corindus Vascular Robotics is a company based in Waltham (United States) founded in 2001 was acquired by Siemens Healthineers in August 2019. Corindus Vascular Robotics has raised $21.91 million across 8 funding rounds from investors including Boston Scientific, Siemens Healthineers and Contact Philips. The company has 170 employees as of December 31, 2022. Corindus Vascular Robotics operates in a competitive market with competitors including Brainlab, PROCEPT BioRobotics, Auris Health, Intuitive and Medical Microinstruments, among others.

  • Headquarter Waltham, United States
  • Employees 170 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
    Industrial Goods & Manufacturing
  • Phone
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  • Website
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  • Social
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  • Legal Name Corindus, Inc.
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $21.91 M (USD)

    in 8 rounds

  • Latest Funding Round
    $4.85 M (USD), Post-IPO

    Mar 21, 2019

  • Investors
  • Employee Count
    170

    as on Dec 31, 2022

  • Acquired by
    Siemens Healthineers

    (Aug 07, 2019)

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Funding Insights of Corindus Vascular Robotics

Corindus Vascular Robotics has successfully raised a total of $21.91M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $4.85 million completed in March 2019. 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 Corindus Vascular Robotics

Corindus Vascular Robotics has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Boston Scientific, Siemens Healthineers and Contact Philips.

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Investments & Acquisitions by Corindus Vascular Robotics

Investments
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Financial Statements - Corindus Vascular Robotics

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Corindus Vascular Robotics Comparisons

Corindus Vascular Robotics Primary company
Description
Remote robotic systems for vascular interventional procedure...
Location
Waltham, United States
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
170
As of 2022
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Competitors of Corindus Vascular Robotics

Corindus Vascular Robotics 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 Brainlab, PROCEPT BioRobotics, Auris Health, Intuitive and Medical Microinstruments, among others.

Company Name Domain Founded year HQ Location Description
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Software and integrated solutions for surgical and radiotherapy applications
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Robotic waterjet system for prostate tissue removal is developed.
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Robotic microsurgical systems for endoscopy are developed.
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Robotic-assisted surgical systems are developed for minimally invasive procedures.
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A robotic platform is used for microsurgery with scaled instruments.
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Robotic laparoscopic systems are developed for minimally invasive surgeries.
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Detailed competitors of Corindus Vascular Robotics

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Latest news on Corindus Vascular Robotics

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Frequently Asked Questions about Corindus Vascular Robotics

Corindus Vascular Robotics was founded in 2001 and raised its 1st funding round 7 years after it was founded.

Corindus Vascular Robotics is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Corindus Vascular Robotics is a funded company, having raised a total of $21.91M across 8 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Corindus Vascular Robotics is 170.

Founded in 2001 and based in Waltham, United States, Corindus Vascular Robotics operates in the medical device sector. Remote robotic systems for interventional cardiology procedures are designed and commercialized by the company. The CorPath system, which is FDA-cleared, allows physicians to conduct percutaneous coronary interventions from a radiation-protected cockpit. A program ensuring coverage for unplanned additional stents in qualifying procedures is also offered.

Corindus Vascular Robotics's top competitors include Brainlab, PROCEPT BioRobotics and Auris Health.

Corindus Vascular Robotics has 10 investors. Key investors include Boston Scientific, Siemens Healthineers, Contact Philips, Hudson Executive Capital, and BioStar Capital.

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