About preCARDIA
preCARDIA is a company based in Saint Paul (United States) founded in 2016 was acquired by Abiomed in June 2021. It operates as a HealthTech. preCARDIA offers products and services including preCARDIA System. preCARDIA operates in a competitive market with competitors including Sequana Medical, CVRx, HeartWare, Element Science and Ancora Heart, among others.
- Headquarter Saint Paul, United States
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Products & Services of preCARDIA
preCARDIA offers a comprehensive portfolio of products and services, including preCARDIA System. 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.
Designed to treat acute decompensated heart failure effectively.
Funding Insights of preCARDIA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in preCARDIA
preCARDIA has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Abiomed. 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.
| Investor | Description | Founded Year | Domain | Location |
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Heart pumps are developed for blood circulation and oxygenation support.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by preCARDIA
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - preCARDIA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Precardia Comparisons
Competitors of preCARDIA
preCARDIA 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 Sequana Medical, CVRx, HeartWare, Element Science and Ancora 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 |
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| domain | founded_year | HQ Location |
Implantable battery-powered pumps for ascites removal are developed.
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Implantable technology for hypertension and heart failure is developed.
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Miniaturized ventricular assist devices are developed for heart failure treatment.
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Wearable patch defibrillators are developed for sudden cardiac arrest treatment.
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Minimally invasive ventriculoplasty system for heart failure and FMR
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Total artificial hearts are developed for cardiac replacement therapy.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about preCARDIA
When was preCARDIA founded?
preCARDIA was founded in 2016.
Where is preCARDIA located?
preCARDIA is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.
Who is the current CEO of preCARDIA?
Lisa Wipperman Heine is the current CEO of preCARDIA.
What does preCARDIA do?
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.
Who are the top competitors of preCARDIA?
preCARDIA's top competitors include Sequana Medical, CVRx and Adona Medical.
What products or services does preCARDIA offer?
preCARDIA offers preCARDIA System.
Who are preCARDIA's investors?
preCARDIA has 1 investor. Key investors include Abiomed.
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