Thoratec

Pleasanton, United States Founded: 1979 • Age: 47 yrs Acquired
Proprietary medical devices for circulatory support are developed and marketed.

About Thoratec

Thoratec is a Healthcare company based in Pleasanton (United States) founded in 1979. Proprietary medical devices for circulatory support are developed and marketed. The company has 215 employees. Thoratec has completed 1 acquisition, including Apica Cardiovascular. The company has since been acquired. Thoratec offers products and services including Assert-IQâ„¢ Insertable Cardiac Monitor, AVEIRâ„¢ DR Dual Chamber Leadless Pacemaker, and CardioMEMSâ„¢ HF System. Its focus areas include Life Sciences, Cardiac and Vascular Disorders, Medical Devices and Therapeutic Devices. Its legal entity is THORATEC CORPORATION. Its competitors include CVRx, Adona Medical and Element Science; 3 of its 3 listed competitors have raised funding.

Company details

Thoratec Corporation develops, manufactures, and markets proprietary medical devices used for mechanical circulatory support. Mechanical support for blood circulation is often required in heart failure patients. Thoratecs main lines include ventricular assist devices such as HeartMate II, an implantable, electrically powered, continuous flow, left ventricular assist device (LVAD) that consists of a rotary pump designed to provide long-term mechanical circulatory support (MCS).Its portfolio also includes ventricular assist devices for children and products for bridge-to-transplantation (BTT) and post-cardiotomy myocardial recovery. In 2014 Thortec acquired Apica cardiovascular for 75M.

  • Headquarters Pleasanton, United States
  • Employees 215
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
    ••••••••
  • Website thoratec.com
  • Social LinkedIn X Facebook
  • Legal Name Thoratec Corporation
Key Metrics

Products & Services of Thoratec

Thoratec offers a comprehensive portfolio of products and services, including Assert-IQ™ Insertable Cardiac Monitor, AVEIR™ DR Dual Chamber Leadless Pacemaker, and CardioMEMS™ HF System.

Assert-IQ™ Insertable Cardiac Monitor
Monitoring Device

Inserts to monitor heart rhythms and detect abnormalities.

AVEIR™ DR Dual Chamber Leadless Pacemaker
Pacemaker

Delivers pacing for abnormal heart rhythms without leads.

CardioMEMS™ HF System
Remote Sensor

Monitors pulmonary artery pressures in heart failure patients.

Funding Insights of Thoratec

  • Total Rounds 1
  • Last Round Grant — $2.75M
  • First Round $2.75M

    (Sep 2009)

  • Investors Count 1

All 1 funding rounds of Thoratec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2009$2.75MGrant––
Valuation history

1 investors in total: 1 institutional.

Investors in Thoratec

Thoratec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HHS.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Public health and human services are overseen by HHS.
1953hhs.gov
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Investor details for Thoratec

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People of Thoratec

1328 people are tracked at Thoratec (535 in leadership, 13 in board & advisors, 780 in team); the tracked headcount is 215.

NameRoleGroup
Esther Chagoya
Director Strategic Initiatives And CommunicationsLeadership
Juan Manuel Fonseca Saravia
General ManagerLeadership
Charles Craig
Director Cybersecurity ServicesLeadership
Trevor Burlison
Area Vice PresidentLeadership
Diana Luo
Divisional Vice President, Commercial Legal, Structural Heart And Heart FailureLeadership
Eric Ryan
Director, Adult Global MarketingLeadership
Hoai Trinh
Regional HR DirectorLeadership
Lauren White
Director Of CybersecurityLeadership
Christian Moormann
Head of Product DevelopmentLeadership
Meghan Griffin
Global Clinical Program DirectorLeadership
Alexa Bisinger
Area Medical Director - AmericasLeadership
Vahe Ayvazian
Divisional Vice President Global DiagnosticsLeadership
Karen Rodriguez
Division Vice President Operations, Rapid DiagnosticsLeadership
Ding
Chief Cybersecurity ArchitectLeadership
Vildan Kehr
Divisional Vice President, Human Resources, Rapid And Molecular DiagnosticsLeadership
Ramon Neira
Division VP and Controller, Emerging Markets, Infectious Diseases, Rapid DiagnosticsLeadership
Darshan Gada
Regional Finance Director - Abbott IndiaLeadership
Dr. Ursula Christian
R&d Divisional Vice President Product Development, HematologyLeadership
Linda Wang
General Manager, Dvp, Epd, Abbott ChinaLeadership
Charmaine Goh
HR Business Partner (on Contract)Leadership

1308 more people are available in the full profile.

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Investments & Acquisitions by Thoratec

Thoratec has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Apica Cardiovascular.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Transapical surgical access devices for heart procedures are developed.
apica.ieGalway, Ireland2009Jul 2014$35M
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Timeline of Thoratec

4 dated milestones of Thoratec across 35 years, from founding to its latest funding, stage changes and deals.

  1. Founded Thoratec is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $2.8M.
  4. Acquisition Acquires Apica Cardiovascular.

Competitors of Thoratec

Thoratec has 3 listed competitors in our database, 3 of them funded. They include CVRx, Adona Medical and Element Science.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cvrx.com2001Minneapolis, United States$368.5M142
Implantable technology for hypertension and heart failure is developed.
adonamed.com2017Campbell, United States$71M
Medical devices for heart failure management are developed.
elementscience.com2013San Francisco, United States$192.6M
Wearable patch defibrillators are developed for sudden cardiac arrest treatment.
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Detailed competitors of Thoratec

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Web traffic of Thoratec

Websites that share an audience with Thoratec (thoratec.com).

Similar websites

Websites whose visitors overlap most with Thoratec. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
heartware.com
100%
View details
medtronic.com
100%
2.6M#22,622View details
abiomed.com
99%
34.6K#890,751View details
bostonscientific.com
96%
738.5K#88,615View details
sjm.com
83%
1.2K#13,629,967View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 27 similar websites and full traffic analytics for Thoratec

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Top companies in Cardiac and Vascular Disorders

3 companies that operate in the same segment as Thoratec (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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Related news about Thoratec

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Frequently Asked Questions about Thoratec

Thoratec was founded in 1979 and raised its 1st funding round 30 years after it was founded.

Thoratec is headquartered in Pleasanton, United States. It is registered at Pleasanton, California, United States.

Thoratec has 215 employees.

Thoratec Corporation develops, manufactures, and markets proprietary medical devices used for mechanical circulatory support. Mechanical support for blood circulation is often required in heart failure patients. Thoratecs main lines include ventricular assist devices such as HeartMate II, an implantable, electrically powered, continuous flow, left ventricular assist device (LVAD) that consists of a rotary pump designed to provide long-term mechanical circulatory support (MCS).Its portfolio also includes ventricular assist devices for children and products for bridge-to-transplantation (BTT) and post-cardiotomy myocardial recovery. In 2014 Thortec acquired Apica cardiovascular for 75M.

Thoratec's top competitors include CVRx, Adona Medical and Element Science.

Thoratec offers Assert-IQâ„¢ Insertable Cardiac Monitor, AVEIRâ„¢ DR Dual Chamber Leadless Pacemaker, and CardioMEMSâ„¢ HF System.

Thoratec has made 1 acquisition, including Apica Cardiovascular.

Thoratec has 1 investor. Key investors include HHS.

Thoratec operates through Thoratec Corporation.

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