Rhythm Xience

Eden Prairie, United States Founded: 2014 • Age: 12 yrs Acquired By Acutus Medical
Developer of medical products for the treatment of abnormal heart rhythms

About Rhythm Xience

Rhythm Xience is a company based in Eden Prairie (United States) founded in 2014 by Jim Hassett was acquired by Acutus Medical in May 2019.. Rhythm Xience operates in a competitive market with competitors including AtaCor Medical, Kestra Medical Technologies, CardioFocus, AtriCure and TyRx, among others.

  • Headquarter Eden Prairie, United States
  • Founders Jim Hassett
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Acutus Medical

    (May 09, 2019)

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Funding Insights of Rhythm Xience

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2018 Amount Seed - Rhythm Xience 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 Rhythm Xience

Rhythm Xience has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Acutus Medical and iGan Partners. 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
Healthcare-focused venture capital is provided by iGan Partners.
Founded Year Domain Location
Advanced ablation products for cardiac arrhythmias are developed.
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 Rhythm Xience

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 - Rhythm Xience

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

Rhythm Xience Comparisons

Employees
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Competitors of Rhythm Xience

Rhythm Xience 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 AtaCor Medical, Kestra Medical Technologies, CardioFocus, AtriCure and TyRx, 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
An implantable pacemaker system is developed for cardiac pacing therapy.
domain founded_year HQ Location
Medical devices are developed to support cardiovascular patients at risk.
domain founded_year HQ Location
Endoscopic catheter for atrial fibrillation ablation is developed.
domain founded_year HQ Location
Cardiac ablation and occlusion devices for atrial fibrillation are provided.
domain founded_year HQ Location
Antibacterial envelopes are developed for stabilizing cardiac implantable devices.
domain founded_year HQ Location
Non-invasive treatments for cardiac arrhythmias are developed by EBAMed.
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 Rhythm Xience

Frequently Asked Questions about Rhythm Xience

When was Rhythm Xience founded?

Rhythm Xience was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Where is Rhythm Xience located?

Rhythm Xience is headquartered in Eden Prairie, United States. It is registered at Eden Prairie, Minnesota, United States.

Who is the current CEO of Rhythm Xience?

Jim Hassett is the current CEO of Rhythm Xience. They have also founded this company.

What does Rhythm Xience do?

Rhythm Xience was founded in 2014 in Eden Prairie, United States, focusing on the medical device sector for cardiac rhythm management. Catheter-based technologies are utilized in products such as Flextra, Guider, and Lancer for diagnosis and treatment of heart rhythm disorders. FDA clearance has been obtained for Flextra and Guider, supporting operations in the cardiology field.

Who are the top competitors of Rhythm Xience?

Rhythm Xience's top competitors include AtaCor Medical, AtriCure and CardioFocus.

Who are Rhythm Xience's investors?

Rhythm Xience has 2 investors. Key investors include Acutus Medical, and iGan Partners.

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