Imricor

Burnsville, United States Founded: 2006 • Age: 20 yrs
MRI-compatible electrophysiology tools for cardiac arrhythmia treatment are developed.

About Imricor

Imricor is a company based in Burnsville (United States) founded in 2006.. Imricor has raised $9.1 million across 11 funding rounds from investors including HHS. Imricor offers products and services including Vision-MR Ablation Catheter, Advantage-MR EP Recorder / Stimulator, and Additional Products. Imricor operates in a competitive market with competitors including Endosense, Ablation Frontiers, DC Medical, AblaCor and Aqua Heart, among others.

  • Headquarter Burnsville, United States
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Imricor Medical Systems Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $898.17 K (USD)
    56.84
    as on Dec 31, 2024
  • Net Profit
    $-27.89 M (USD)
    -32.06
    as on Dec 31, 2024
  • EBITDA
    $-14.44 M (USD)
    3.26
    as on Dec 31, 2024
  • Total Equity Funding
    $9.1 M (USD)

    in 11 rounds

  • Latest Funding Round
    $613.08 K (USD), Post-IPO

    Sep 11, 2019

  • Investors
  • Employee Count
    Employee Count
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IPO & Listings of Imricor

Imricor is a publicly listed company on the ASX with ticker symbol IMR in Australia, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: ASX · Ticker: IMR . Sector: Health technology · Australia

Products & Services of Imricor

Imricor offers a comprehensive portfolio of products and services, including Vision-MR Ablation Catheter, Advantage-MR EP Recorder / Stimulator, and Additional Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Catheter for cardiac ablation in iCMR procedures.

System for electrophysiology recording and stimulation in iCMR.

Supplementary items for cardiac ablation support.

People of Imricor
Headcount 10-50
Employee Profiles 23
Board Members and Advisors 3
Employee Profiles
People
Piero Arnaldo Maria Zoppi
Europe Director
People
Joseph Thoen
Mechanical Design Engineer II
People
Nick Twohy
VP of Marketing & Business Development
People
Maria Loomis Damerchi, MBA
Senior Manager, Strategy and Upstream Marketing

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Board Members and Advisors
people
Anita Messal
Non-executive Director
people
Mark Tibbles
Deputy Chair & Lead Independent Director
people
Peter McGregor
Non-executive Director

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Funding Insights of Imricor

Imricor has successfully raised a total of $9.1M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $613.08 thousand completed in September 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 Rounds 11
  • Last Round Post-IPO — $613,079
  • First Round

    (01 Jul 2006)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2019 Amount Post-IPO - Imricor Valuation

investors

Apr, 2018 Amount Debt – Conventional - Imricor Valuation

investors

Sep, 2017 Amount Series A - Imricor Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Imricor

Imricor has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HHS. 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.

All
Institutional
Investor Description Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Imricor

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Imricor

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Imricor Comparisons

Employees
+
Add Comparison
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Competitors of Imricor

Imricor 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 Endosense, Ablation Frontiers, DC Medical, AblaCor and Aqua Heart, 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
Catheter ablation technology for treating cardiac arrhythmias is developed.
domain founded_year HQ Location
Cardiac ablation devices are developed for arrhythmia treatment.
domain founded_year HQ Location
Develops innovative biomimetic mesh and premature birth diagnostic kits for medical applications.
domain founded_year HQ Location
Develops ablation catheter technology for treating atrial fibrillation.
domain founded_year HQ Location
Develops single-shot therapy for atrial fibrillation using advanced medical technology.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Imricor

Frequently Asked Questions about Imricor

When was Imricor founded?

Imricor was founded in 2006.

Where is Imricor located?

Imricor is headquartered in Burnsville, United States. It is registered at Burnsville, Minnesota, United States.

Is Imricor a funded company?

Imricor is a funded company, having raised a total of $9.1M across 11 funding rounds to date. The company's 1st funding round was a Series A of $1.58M, raised on Jul 01, 2006.

What is the annual revenue of Imricor?

Annual revenue of Imricor is $898.17K as on Dec 31, 2024.

What does Imricor do?

Developer of magnetic resonance imaging compatible electrophysiology tools for the treatment of cardiac arrhythmias. The company offers Vision MR EP Ablation Catheter that looks and performs as a conventional ablation catheter; and Horizon MR EP Recording System, which performs the recording and pacing function of conventional recording and pacing systems for use with MRI. Its products allow electrophysiologists to perform cardiac electrophysiology procedures in the MRI lab to image a patients heart.

Who are the top competitors of Imricor?

Imricor's top competitors include Endosense, Ablation Frontiers and DC Medical.

What products or services does Imricor offer?

Imricor offers Vision-MR Ablation Catheter, Advantage-MR EP Recorder / Stimulator, and Additional Products.

Is Imricor publicly traded?

Yes, Imricor is publicly traded on ASX under the ticker symbol IMR.

Who are Imricor's investors?

Imricor has 1 investor. Key investors include HHS.

What is Imricor's ticker symbol?

The ticker symbol of Imricor is IMR on ASX.

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