Novocardia

New York, United States Founded: 2020 • Age: 6 yrs
Provider of value-based cardiovascular care models. It develops and implements models that improve the quality, cost, and patient experience of cardiovascular care. This includes programs for heart failure management, site-of-service optimization, and care transition interventions. The models utilize technology and analytics to enhance care coordination, reduce hospitalizations, and improve efficiency. Partnerships with physicians and payers are key to its approach, focusing on achieving better outcomes at a lower cost.

About Novocardia

Novocardia is a company based in New York (United States) founded in 2020.. Novocardia has raised $53.7 million across 1 funding round from investors including Deerfield. Novocardia offers products and services including Longitudinal Heart Failure Program, Site-of-Service Management, Care Transitions Intervention, and Same Day Access Program. Novocardia operates in a competitive market with competitors including HeartPlace, National Cardiovascular Partners, Cardiovascular Institute of Central Florida, Cardiovascular Associates of Central Florida and Bay Area Cardiology, among others.

  • Headquarter New York, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cardiovascular Associates Of America
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $53.7 M (USD)

    in 1 rounds

  • Latest Funding Round
    $53.7 M (USD), Series A

    Jun 28, 2021

  • Investors
  • Employee Count
    Employee Count
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Novocardia

Novocardia offers a comprehensive portfolio of products and services, including Longitudinal Heart Failure Program, Site-of-Service Management, Care Transitions Intervention, and Same Day Access Program. 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

Supports heart failure patients with monitoring and self-management to prevent hospitalizations.

Manages locations for cost-effective imaging and procedures while maintaining quality.

Facilitates smooth transitions between care settings to reduce unnecessary visits.

Provides prompt specialist appointments for timely cardiovascular care delivery.

People of Novocardia
Headcount 10-50
Employee Profiles 5
Board Members and Advisors 7
Employee Profiles
People
Kathryn Hughes
Acting Chief Marketing Officer
People
Michael Petit
CFO & COO, Traditional Practice Management Services
People
Julius Torelli
Co-Founder & Chief Medical Officer
People
Brian Richards
VP, IT & Business Systems

Unlock access to complete

Board Members and Advisors
people
Harry Aldrich
Director
people
David J. Jacofsky
Director
people
Dinesh Pubbi
Director
people
Steve Anastos
Director

Unlock access to complete

Funding Insights of Novocardia

Novocardia has successfully raised a total of $53.7M through 1 strategic funding round. The most recent funding activity was a Series A round of $53.7 million completed in June 2021. 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 1
  • Last Round Series A — $53.7M
  • First Round

    (28 Jun 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Series A - Novocardia Valuation Deerfield
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 Novocardia

Novocardia has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Deerfield. 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
Investor Description Founded Year Domain Location
Healthcare ecosystem is supported through investment and innovation by Deerfield.
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 Novocardia

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 - Novocardia

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

Novocardia Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Novocardia

Novocardia 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 HeartPlace, National Cardiovascular Partners, Cardiovascular Institute of Central Florida, Cardiovascular Associates of Central Florida and Bay Area Cardiology, 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
A chain of cardiology clinics is operated nationwide.
domain founded_year HQ Location
Chain of general clinics
domain founded_year HQ Location
Offers cardiology care including diagnosis and treatment of heart conditions.
domain founded_year HQ Location
Cardiology practice offering expert cardiovascular care, diagnostics, and imaging
domain founded_year HQ Location
Offers cardiology services, diagnostics, and treatments for heart conditions in Florida.
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 Novocardia

Frequently Asked Questions about Novocardia

When was Novocardia founded?

Novocardia was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Novocardia located?

Novocardia is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Novocardia a funded company?

Novocardia is a funded company, having raised a total of $53.7M across 1 funding round to date. The company's 1st funding round was a Series A of $53.7M, raised on Jun 28, 2021.

What does Novocardia do?

Novocardia was founded in 2020 in New York, United States, within the healthcare sector focused on cardiovascular services. Value-based care models are developed and implemented to address heart failure management, site-of-service optimization, and care transition interventions. Technology and analytics are employed to support care coordination, reduce hospitalizations, and enhance operational efficiency. Partnerships with physicians and payers are established across the United States to facilitate better patient outcomes at reduced costs.

Who are the top competitors of Novocardia?
What products or services does Novocardia offer?

Novocardia offers Longitudinal Heart Failure Program, Site-of-Service Management, Care Transitions Intervention, and Same Day Access Program.

Who are Novocardia's investors?

Novocardia has 1 investor. Key investors include Deerfield.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available