preCARDIA

Saint Paul, United States Founded: 2016 • Age: 10 yrs Acquired By Abiomed
A device for treating acute decompensated heart failure is developed.

About preCARDIA

preCARDIA is a Healthcare company based in Saint Paul (United States) founded in 2016, and was acquired by Abiomed in June 2021. A device for treating acute decompensated heart failure is developed. It operates on a HealthTech model. Its chief executive, as recorded, is Lisa Wipperman Heine. The company was acqui-hired. preCARDIA offers products and services including preCARDIA System. Its focus areas include Medical Devices and Cardiovascular Devices. Its competitors include CVRx, HeartWare and Element Science; 3 of its 3 listed competitors have raised funding.

Company details

preCARDIA is engaged in developing innovative medical devices aimed at treating acute decompensated heart failure (ADHF). The companys proprietary catheter and controller system is designed to reduce cardiac filling pressures and promote decongestion, improving cardiac and renal function. Solutions are targeted at heart failure specialists to provide minimally invasive interventions. The technology addresses a critical need in healthcare by offering potential reductions in hospital stays and re-hospitalizations for ADHF patients. Operations are centered in the healthcare sector with a focus on cardiovascular care.

  • Headquarters Saint Paul, United States
  • Stage Acquired
  • Sectors
    Healthcare
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  • Website precardia.com
  • Social LinkedIn
  • Acquired by Abiomed (Jun 2021)
Key Metrics

Products & Services of preCARDIA

preCARDIA offers a comprehensive portfolio of products and services, including preCARDIA System.

preCARDIA System
Medical Device

Designed to treat acute decompensated heart failure effectively.

Investors in preCARDIA

preCARDIA has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Abiomed.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Heart pumps are developed for blood circulation and oxygenation support.
1981abiomed.comDanvers, United States
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Investor details for preCARDIA

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People of preCARDIA

1 people are tracked at preCARDIA (1 in leadership).

NameRoleGroup
Lisa Wipperman Heine
CEOLeadership
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Complete people profiles for preCARDIA

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Timeline of preCARDIA

2 dated milestones of preCARDIA across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded preCARDIA is founded.
  2. Exit Acquired by Abiomed.

Competitors of preCARDIA

preCARDIA has 3 listed competitors in our database, 3 of them funded. They include CVRx, HeartWare and Element Science.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cvrx.com2001Minneapolis, United States$368.5M142
Implantable technology for hypertension and heart failure is developed.
heartware.com2005Framingham, United States$12.38M547
Miniaturized ventricular assist devices are developed for heart failure treatment.
elementscience.com2013San Francisco, United States$192.6M
Wearable patch defibrillators are developed for sudden cardiac arrest treatment.
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Detailed competitors of preCARDIA

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Top companies in Cardiac and Vascular Disorders

3 companies that operate in the same segment as preCARDIA (Cardiac and Vascular Disorders) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Gene-editing therapies for coronary artery disease are developed.
2018Cambridge, Massachusetts, United StatesUSD 215.5 M255
Cardiac monitoring devices and applications are provided for heart health.
2010Mountain View, California, United StatesUSD 114.38 MUSD 6.18 M67
Therapies for lowering low-density lipoprotein cholesterol levels are developed.
1998Ann Arbor, Michigan, United StatesUSD 129.7 MUSD 332.31 M304
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Frequently Asked Questions about preCARDIA

preCARDIA was founded in 2016.

preCARDIA is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.

Lisa Wipperman Heine is the CEO of preCARDIA, as recorded in our data.

preCARDIA is engaged in developing innovative medical devices aimed at treating acute decompensated heart failure (ADHF). The companys proprietary catheter and controller system is designed to reduce cardiac filling pressures and promote decongestion, improving cardiac and renal function. Solutions are targeted at heart failure specialists to provide minimally invasive interventions. The technology addresses a critical need in healthcare by offering potential reductions in hospital stays and re-hospitalizations for ADHF patients. Operations are centered in the healthcare sector with a focus on cardiovascular care.

preCARDIA's top competitors include CVRx, Element Science and HeartWare.

preCARDIA offers preCARDIA System.

preCARDIA has 1 investor. Key investors include Abiomed.

Yes. preCARDIA was acquired by Abiomed in June 2021.

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