Infraredx

Burlington, United States Founded: 1998 • Age: 28 yrs Acquired By Nipro
Coronary imaging and plaque detection system
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About Infraredx

Infraredx is a company based in Burlington (United States) founded in 1998 was acquired by Nipro in September 2015.. Infraredx has raised $99.99 million across 13 funding rounds from investors including Nipro Corporation, GE Healthcare Equipment Finance and Sanderling Ventures. Infraredx offers products and services including Clarispro® HD-IVUS, Dualpro® IVUS+ NIRS, Makoto® Imaging System, GM-30 Inflation Device, and OKAY II® Y-Connector. Infraredx operates in a competitive market with competitors including Conavi, Acarix, Ionetix, Cleveland HeartLab and Kaminari Medical, among others.

  • Headquarter Burlington, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Infraredx, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $99.99 M (USD)

    in 13 rounds

  • Latest Funding Round
    $20 M (USD), Debt – Conventional

    Nov 05, 2013

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Nipro

    (Sep 11, 2015)

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Products & Services of Infraredx

Infraredx offers a comprehensive portfolio of products and services, including Clarispro® HD-IVUS, Dualpro® IVUS+ NIRS, Makoto® Imaging System, GM-30 Inflation Device, and OKAY II® Y-Connector. 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

Delivers high-resolution visualization of vessel structures for accurate diagnosis.

Identifies lipid-core plaques to predict and prevent cardiac events.

Combines technologies for comprehensive insights into vascular conditions.

Supports procedures with controlled inflation for imaging applications.

Facilitates multi-device access during intravascular procedures.

Funding Insights of Infraredx

Infraredx has successfully raised a total of $99.99M across 13 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $20 million completed in November 2013. 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 13
  • Last Round Debt – Conventional — $20.0M
  • First Round

    (01 Aug 2002)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2013 Amount Debt – Conventional - Infraredx Valuation

investors

Aug, 2013 Amount Series C - Infraredx Valuation

investors

Dec, 2011 Amount Debt – Conventional - Infraredx 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 Infraredx

Infraredx has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Nipro Corporation, GE Healthcare Equipment Finance and Sanderling Ventures. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Biomedical investment financing and active management services.
Founded Year Domain Location
Offers flexible financing and risk-sharing for healthcare industry assets globally.
Founded Year Domain Location
Manufacturer of medical devices, pharmaceuticals, and regenerative medicine products
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 Infraredx

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 - Infraredx

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

Infraredx Comparisons

Employees
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Add Comparison
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Competitors of Infraredx

Infraredx 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 Conavi, Acarix, Ionetix, Cleveland HeartLab and Kaminari Medical, 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-based ultrasound systems for cardiac imaging are developed.
domain founded_year HQ Location
A screening device for acoustic coronary artery diseases is provided.
domain founded_year HQ Location
Superconducting cyclotrons for PET radioisotopes are developed by Ionetix.
domain founded_year HQ Location
Cardiovascular biomarkers are utilized for disease prevention and management.
domain founded_year HQ Location
Developer of diagnostic solution for vulnerable plaque in the coronary arteries
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.

Frequently Asked Questions about Infraredx

When was Infraredx founded?

Infraredx was founded in 1998 and raised its 1st funding round 4 years after it was founded.

Where is Infraredx located?

Infraredx is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.

Is Infraredx a funded company?

Infraredx is a funded company, having raised a total of $99.99M across 13 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $10M, raised on Aug 01, 2002.

What does Infraredx do?

Infraredx was founded in 1998 in Burlington, United States, within the medical devices sector. Near-infrared spectroscopic technology is utilized to design and manufacture catheter-based systems for coronary artery imaging. Plaque composition is assessed through fiber-optic NIR spectroscopy, with FDA clearance secured for detecting lipid core plaques. The product range encompasses the LipiScan NIR Coronary Imaging System, LipiScan IVUS Coronary Imaging System, and TVC Imaging System for evaluating vessel structure.

Who are the top competitors of Infraredx?

Infraredx's top competitors include Conavi, Acarix and Ionetix.

What products or services does Infraredx offer?

Infraredx offers Clarispro® HD-IVUS, Dualpro® IVUS+ NIRS, Makoto® Imaging System, GM-30 Inflation Device, and OKAY II® Y-Connector.

Who are Infraredx's investors?

Infraredx has 3 investors. Key investors include Nipro Corporation, GE Healthcare Equipment Finance, and Sanderling Ventures.

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