About Corindus Vascular Robotics
Corindus Vascular Robotics is a Healthcare company based in Waltham (United States) founded in 2001, and was acquired by Siemens Healthineers in August 2019. Remote robotic systems for vascular interventional procedures are developed. It operates in the Healthcare and Industrial Goods & Manufacturing sectors. 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. Its focus areas include High Tech, Professional Service Robots, Surgery and Vascular Intervention. Its legal entity is CORINDUS, INC. Its competitors include PROCEPT BioRobotics, Auris Health and Intuitive; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Waltham, United States
- Employees 170
- Stage Acquired
- SectorsHealthcareIndustrial Goods & Manufacturing
- Website corindus.com
- Social LinkedIn X Facebook
- Acquired by Siemens Healthineers (Aug 2019)
- Legal Name Corindus, Inc.
- Total Equity Funding$21.91M (USD)
in 8 rounds
- Latest Funding Round$4.85M (USD), Post-IPO
Mar 2019
- InvestorsBoston Scientific
& 9 more
- Employee Count170
- Acquired bySiemens Healthineers
(Aug 2019)
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 $21.91M
- Total Rounds 8
- Last Round Post-IPO — $4.85M
- First Round $12.8M
(Apr 2008)
- Investors Count 9
All 8 funding rounds of Corindus Vascular Robotics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2019 | $4.85M | Post-IPO | – | – | |
| Mar 2019 | $15M | Post-IPO | – | – | |
| Mar 2018 | $25M | Post-IPO | – | – | |
| Mar 2017 | $45.03M | Post-IPO | – | – | |
| Sep 2014 | $26.67M | Post-IPO | – | – | |
| Aug 2011 | $106,500 | Series C | – | – | – |
| Nov 2009 | $9M | Series C | – | HealthCor Partners, 20/20 HealthCare Partners | – |
| Apr 2008 | $12.8M | Series B | – | – | – |
10 investors in total: 8 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| biostar.capital | ||||
| consonancecapital.com | ||||
| healthcorpartners.com | ||||
Early-stage investments are made in healthcare technology and life sciences. | 2020hcp.com | Auburndale, United States | ||
Blank check firm focused on multiple sectors | 2015 | hudsonexecutive.com | New York, United States | |
Wide range of medical devices | 1979 | bostonscientific.com | Marlborough, United States | |
Retailer of personal care, mother and child care, and healthcare products | 1930 | philips.co.in | Gurugram, India | |
AI-based medical diagnostics are developed for healthcare applications. | 1847 | siemens-healthineers.com | Erlangen, Germany | |
MB Motti Beyar | Angel investor and entrepreneur, co-founder of Bridgecrew, focused on tech startups. | unknown_4dd940d817e94f73a | ||
LP Lewis Pell | unknown_54f6d77975854f54a |
Investor details for Corindus Vascular Robotics
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Timeline of Corindus Vascular Robotics
5 dated milestones of Corindus Vascular Robotics across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Corindus Vascular Robotics is founded.
- Funding First funding round of $12.8M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $4.8M.
- Exit Acquired by Siemens Healthineers.
Competitors of Corindus Vascular Robotics
Corindus Vascular Robotics has 3 listed competitors in our database, 3 of them funded. They include PROCEPT BioRobotics, Auris Health and Intuitive.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| procept-biorobotics.com | 2009 | Redwood, United States | $348.84M | 217 | Robotic waterjet system for prostate tissue removal is developed. | |
| aurishealth.com | 2007 | Redwood, United States | $733.62M | 242 | Robotic microsurgical systems for endoscopy are developed. | |
| intuitive.com | 1995 | Sunnyvale, United States | $17M | 15 | Robotic-assisted surgical systems are developed for minimally invasive procedures. |
Detailed competitors of Corindus Vascular Robotics
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Corindus Vascular Robotics
Websites that share an audience with Corindus Vascular Robotics (corindus.com).
Websites whose visitors overlap most with Corindus Vascular Robotics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| akebia.com | 100% | 12.7K | #1,972,683 | View details |
Top companies in Medical Equipment & Supplies
3 companies that operate in the same segment as Corindus Vascular Robotics (Medical Equipment & Supplies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Robotic waterjet system for prostate tissue removal is developed. | 2009 | Redwood City, California, United States | USD 348.84 M | USD 308.05 M | 756 | |
Robotic microsurgical systems for endoscopy are developed. | 2007 | Redwood City, California, United States | USD 733.62 M | 91 | ||
Injectable packaging, containment, and delivery solutions are manufactured. | 1923 | Exton, Pennsylvania, United States | USD 3.07 B | 10,600 |
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Related news about 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. The company's 1st funding round was a Series B of $12.8M, raised on Apr 2008.
Corindus Vascular Robotics has 170 employees.
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 PROCEPT BioRobotics, Auris Health and Intuitive.
Corindus Vascular Robotics has 10 investors. Key investors include Boston Scientific, Siemens Healthineers, Contact Philips, Hudson Executive Capital, and BioStar Capital.
Corindus Vascular Robotics operates through Corindus, Inc..
Yes. Corindus Vascular Robotics was acquired by Siemens Healthineers in August 2019.