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
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Sectors
HealthcareIndustrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Corindus, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.91 M (USD)
in 8 rounds
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Latest Funding Round
$4.85 M (USD), Post-IPO
Mar 21, 2019
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Investors
Boston Scientific
& 9 more
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Employee Count
170
as on Dec 31, 2022
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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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Post-IPO — $4.8M
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First Round
First Round
(01 Apr 2008)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2019 | Amount | Post-IPO - Corindus Vascular Robotics | Valuation |
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| Mar, 2019 | Amount | Post-IPO - Corindus Vascular Robotics | Valuation |
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| Mar, 2018 | Amount | Post-IPO - Corindus Vascular Robotics | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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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 |
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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. 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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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Corindus Vascular Robotics
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Corindus Vascular Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Corindus Vascular Robotics Comparisons
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. 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.
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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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| 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 Corindus Vascular Robotics
Frequently Asked Questions about Corindus Vascular Robotics
When was Corindus Vascular Robotics founded?
Corindus Vascular Robotics was founded in 2001 and raised its 1st funding round 7 years after it was founded.
Where is Corindus Vascular Robotics located?
Corindus Vascular Robotics is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Is Corindus Vascular Robotics a funded company?
Corindus Vascular Robotics is a funded company, having raised a total of $21.91M across 8 funding rounds to date. The company's 1st funding round was a Post-IPO of $25M, raised on Apr 01, 2008.
How many employees does Corindus Vascular Robotics have?
As of Dec 31, 2022, the latest employee count at Corindus Vascular Robotics is 170.
What does Corindus Vascular Robotics do?
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.
Who are the top competitors of Corindus Vascular Robotics?
Corindus Vascular Robotics's top competitors include Brainlab, PROCEPT BioRobotics and Auris Health.
Who are Corindus Vascular Robotics's investors?
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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