Sorin Group

Milan, Italy Founded: 1956 • Age: 70 yrs Acquired By Cyberonics
Medical devices for cardiac surgery and rhythm management are developed.
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About Sorin Group

Sorin Group is a company based in Milan (Italy) founded in 1956 was acquired by Cyberonics in February 2015.. Sorin Group has completed 2 acquisitions, including Gish Biomedical and Oscor. Sorin Group operates in a competitive market with competitors including AtaCor Medical, Kestra Medical Technologies, CardioFocus, AtriCure and TyRx, among others.

  • Headquarter Milan, Italy
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $499.59 K (USD), Grant

    Jan 01, 2016

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Cyberonics

    (Feb 26, 2015)

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Funding Insights of Sorin Group

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $499,595
  • First Round

    (01 Jan 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2016 Amount Grant - Sorin Group 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 Sorin Group

Sorin Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Cyberonics. 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
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Vagus nerve stimulation therapy is developed for epilepsy and depression.
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 Sorin Group

Sorin Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gish Biomedical and Oscor. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Managed services for AI and VDI digital workspaces are provided.
1982
Manufacturer of traditional Italian gianduia chocolates and confectionery
1976
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Sorin Group

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

Sorin Group Comparisons

Employees
+
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Competitors of Sorin Group

Sorin Group 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 Sorin Group

Frequently Asked Questions about Sorin Group

When was Sorin Group founded?

Sorin Group was founded in 1956 and raised its 1st funding round 60 years after it was founded.

Where is Sorin Group located?

Sorin Group is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.

What does Sorin Group do?

Sorin Group d.b.a LivaNova, is a medical device company that develops, manufactures, and markets medical technologies for cardiac surgery and for the treatment of cardiac rhythm disorders. The products offered include two major therapeutic areas: Cardiac Surgery (cardiopulmonary products for open heart surgery and heart valve repair or replacement prostheses) and Cardiac Rhythm Management (pacemakers, defibrillators and non invasive monitoring to diagnose arrhythmias and deliver anti-arrhythmia therapies as well as cardiac resynchronization devices for heart failure treatment). Claims that every year, over one million patients are treated with Sorin Group devices in more than 100 countries. Currently, the company is investing in the development of new therapies in the field of Heart Failure and Mitral Regurgitation. Received the Compliance Award in Italy - Sorin Group is recognized as having the Best Compliance Program by Top Legal Corporate Counsel Awards in 2015. Acquired Oscor in March, 2014 for 20M and also invested 20M in Respicardia and 8M in Cardiosolutions. Was acquired by Cyberonics on February 26, 2015.

Who are the top competitors of Sorin Group?

Sorin Group's top competitors include AtaCor Medical, AtriCure and CardioFocus.

How many acquisitions has Sorin Group made?

Sorin Group has made 2 acquisitions, including Gish Biomedical, and Oscor.

Who are Sorin Group's investors?

Sorin Group has 2 investors. Key investors include European Union, and Cyberonics.

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