ev3 Endovascular

Plymouth, United States Founded: 2000 • Age: 26 yrs Acquired By Covidien
Surgical products for treatment of Peripheral vascular Neurovascular diseases
Annual revenue - Latest available
Total funding $58.8M 1 rounds
Employees 1307 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About ev3 Endovascular

ev3 Endovascular is a company based in Plymouth (United States) founded in 2000 was acquired by Covidien in June 2010. ev3 Endovascular has raised $58.8 million across 1 funding round from investors including Warburg Pincus, Covidien and The Vertical Group. The company has 1,307 employees as of December 31, 2009. ev3 Endovascular has completed 3 acquisitions, including Chestnut Medical, EndiCor Medical and FoxHollow Technologies. ev3 Endovascular operates in a competitive market with competitors including Contego Medical, Echopoint Medical, Limflow, AngioScore and Vascular Solutions, among others.

  • Headquarter Plymouth, United States
  • Employees 1307 as on 31 Dec, 2009
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ev3 Endovascular, Inc
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
    $58.8 M (USD)

    in 1 rounds

  • Latest Funding Round
    $58.8 M (USD), Series A

    Jun 01, 2002

  • Investors
  • Employee Count
    1307

    as on Dec 31, 2009

  • Investments & Acquisitions
  • Acquired by
    Covidien

    (Jun 01, 2010)

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Funding Insights of ev3 Endovascular

ev3 Endovascular has successfully raised a total of $58.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $58.8 million completed in June 2002. 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 ev3 Endovascular

ev3 Endovascular has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Warburg Pincus, Covidien and The Vertical Group.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in early and late-stage US companies are made.
Locked Locked Locked
Multi-stage private equity investments are pursued across diverse sectors.
Locked Locked Locked
Medical devices for minimally invasive therapies are provided globally.
Locked Locked Locked
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Investor details for ev3 Endovascular

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Investments & Acquisitions by ev3 Endovascular

ev3 Endovascular has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Chestnut Medical, EndiCor Medical and FoxHollow Technologies.

Investments
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Investment portfolio details for ev3 Endovascular

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Minimally invasive therapies for interventional neuroradiology are developed and provided.
Locked Locked 2003 Locked
Medical devices for the treatment of coronary and peripheral arterial disease
Locked Locked 1996 Locked
Medical devices for cardiovascular treatments are developed.
Locked Locked 1995 Locked
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Complete acquisition details for ev3 Endovascular

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Financial Statements - ev3 Endovascular

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Detailed financials for ev3 Endovascular

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Ev3 Endovascular Comparisons

ev3 Endovascular Primary company
Description
Surgical products for treatment of Peripheral vascular & Neu...
Location
Plymouth, United States
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1,307
As of 2009
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Peer comparison for ev3 Endovascular

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Competitors of ev3 Endovascular

ev3 Endovascular 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 Contego Medical, Echopoint Medical, Limflow, AngioScore and Vascular Solutions, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of vascular stenting with embolic protection for both coronary and peripheral vasculature
Locked Locked Locked
Smart devices for monitoring coronary artery disease are developed.
Locked Locked Locked
Developer a system for venous arterialization of the lower limbs
Locked Locked Locked
Scoring balloon catheters for coronary and peripheral angioplasty are developed.
Locked Locked Locked
Products for vascular diagnostics and interventional procedures are developed.
Locked Locked Locked
Devices for treating peripheral and coronary vascular disease are developed.
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Detailed competitors of ev3 Endovascular

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Latest news on Ev3 Endovascular

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Complete news archive for ev3 Endovascular

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Frequently Asked Questions about ev3 Endovascular

ev3 Endovascular was founded in 2000 and raised its 1st funding round 2 years after it was founded.

ev3 Endovascular is headquartered in Plymouth, United States. It is registered at Plymouth, Massachusetts, United States.

Bob Palmisano is the current CEO of ev3 Endovascular.

ev3 Endovascular is a funded company, having raised a total of $58.8M across 1 funding round to date.

As of Dec 31, 2009, the latest employee count at ev3 Endovascular is 1,307.

ev3 Endovascular (previously known as Vertomed) develops, manufactures, and commercializes equipment, technologies, and solutions for the treatment of peripheral vascular and neurovascular diseases. Its products include plaque excision systems, stents, carotid stents, percutaneous transluminal angioplasty balloons, embolic protection devices, thrombus management systems, blood clot therapy products, procedural support products, embolization coils, liquid embolics, micro catheters, thrombectomy catheters, occlusion balloons, guidewires, and retrieval devices. The company sells more than 100 products in more than 65 countries through a direct sales team and distributors. Among its customers are radiologists, cardiologists, neurosurgeons, and vascular surgeons. The company sells its products in Asia Pacific, Latin America, Eastern Europe, and the Middle East. eV3 endovascular was acquired by Covidien in 2010 for 2.6 Billion. Before beinmg acquired by Covidien, eV3 had acquired Endicor Medical, Microvena, Mitralife, Appriva Medical, Intratherapeutics.

ev3 Endovascular's top competitors include Contego Medical, Limflow and Shape Memory Medical.

ev3 Endovascular has made 3 acquisitions, including Chestnut Medical, EndiCor Medical, and FoxHollow Technologies.

ev3 Endovascular has 3 investors. Key investors include Warburg Pincus, Covidien, and The Vertical Group.

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