TriSalus Life Sciences

Westminster, United States Founded: 2009 • Age: 17 yrs Listed
Developer of drug delivery devices to treat cancers

About TriSalus Life Sciences

TriSalus Life Sciences is a publicly listed company based in Westminster (United States) founded in 2009. Developer of drug delivery devices to treat cancers. TriSalus Life Sciences has raised $83.37 million across 12 funding rounds from investors including MCG Capital, Nantahala Capital Management and Broadfin Capital. The company has 110 employees. TriSalus Life Sciences offers products and services including Drug Delivery Technology, nelitolimod, and TriNav Infusion System. Its focus areas include Life Sciences, Drug Delivery, Intravenous and Oncology. Its legal entity is TriSalus Life Sciences, Inc. Its competitors include Insulet, Lyra Therapeutics and Credence MedSystems; 3 of its 3 listed competitors have raised funding.

Company details

TriSalus Life Sciences is involved in developing drug delivery devices to treat cancers. They have developed a technology platform, Pressure-Enabled Drug Delivery (PEDD), which is designed to improve the distribution and penetration of therapy in solid tumors.

  • Headquarters Westminster, United States
  • Employees 110
  • Stage Public
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website trisaluslifesci.com
  • Social LinkedIn X
  • Legal Name Trisalus Life Sciences, Inc.
Key Metrics
  • Annual Revenue
    $45.15 M (USD)
    53.41
    as on Dec 31, 2025
  • Net Profit
    -$39.23 M (USD)
    -30.56
    as on Dec 31, 2025
  • EBITDA
    -$26.32 M (USD)
    25.14
    as on Dec 31, 2025
  • Total Equity Funding
    $83.37M (USD)

    in 12 rounds

  • Latest Funding Round
    $22M (USD), Post-IPO

    Apr 2025

  • Investors
  • Employee Count
    110

Products & Services of TriSalus Life Sciences

TriSalus Life Sciences offers a comprehensive portfolio of products and services, including Drug Delivery Technology, nelitolimod, and TriNav Infusion System.

Drug Delivery Technology
Medical Device

Platform for enhancing drug delivery to tumors.

nelitolimod
Immunotherapy

Candidate therapy for liver and pancreatic tumor treatment.

TriNav Infusion System
Delivery System

System for pressure-enabled drug administration in tumors.

Funding Insights of TriSalus Life Sciences

TriSalus Life Sciences has successfully raised a total of $83.37M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $22 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $83.37M
  • Total Rounds 12
  • Last Round Post-IPO β€” $22M
  • First Round $3.69M

    (Apr 2011)

  • Investors Count 9

Latest 10 of 12 funding rounds of TriSalus Life Sciences with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2025$22MPost-IPO–Nantahala Capital Management
Dec 2024$999,984Post-IPO––
–
Oct 2022$15.32MPost-IPO––
–
Sep 2021$23.5MPost-IPO––
–
Mar 2021$81.39MPost-IPO––
–
Mar 2017$12.86MSeries D–ORI Capital
–
Nov 2015$15.05MSeries C–Tullis Health Investors
Jun 2015$11.05MSeries A––
–
Nov 2013$18.2MSeries B–MCG Capital
Sep 2013$16.42MSeries B–Partisan Management Group, High Country Ventures
–
Valuation history

9 investors in total: 9 institutional.

Investors in TriSalus Life Sciences

TriSalus Life Sciences has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include MCG Capital, Nantahala Capital Management and Broadfin Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment opportunities in healthcare are managed by Broadfin Capital.
2005broadfin.comMelville, United States
A venture capital firm focused on early-stage biotech investments.
2015ori-capital.comHong Kong, Hong Kong
Healthcare investments are made by Tullis Health Investors.
tullisfunds.comPalm Beach Gardens, United States
kmgcap.com
partisanmgmt.com
Early-stage centric life sciences and tech focused VC firm investing primarily in the US
highcountryventure.comBoulder, United States
Growth equity is provided to early-stage SMEs by MCG Capital.
1990mcgcapital.comArlington, United States
Fundamentally-driven firm investing in micro-cap stocks with long and short strategies.
2004nantahalapartners.comNew Canaan, United States
mcgpartners.com
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Investor details for TriSalus Life Sciences

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People of TriSalus Life Sciences

54 people are tracked at TriSalus Life Sciences (19 in leadership, 21 in board & advisors, 14 in team); the tracked headcount is 110.

NameRoleGroup
Caitlin Schaefer
Vp, Chief Accounting OfficerLeadership
Katia Byers
VP Clinical MarketingLeadership
Matthew Goodman
Director Of Financial ReportingLeadership
Michael Gonzaga
Director Of Technical OperationsLeadership
Mary T. Szela
CEO & PresidentLeadership
David Patience
Chief Financial OfficerLeadership
Sean Murphy
CFOLeadership
Brenda Zimmerman-Vertin
Sr. Director, OperationsLeadership
Thomas Campbell-Salley
Director Of Fp&aLeadership
Kristine Zewe
Vice President Human ResourcesLeadership
Russell Causey
VP & Corporate ControllerLeadership
Steve Kilburn
Vice President of QualityLeadership
Zaragoza Briseno Jr.
Vice President OperationsLeadership
Jodi Devlin
President, TherapeuticsLeadership
Robert Knight
Medical DirectorLeadership
Dan Giordano
VP Of Finance OperationsLeadership
Julie Walker, RN, BSN, PHN
Director of Clinical MarketingLeadership
Susan Arshonsky
Marketing DirectorLeadership
Bryan F. Cox
Chief of ResearchLeadership
Anil Singhal
DirectorBoard & advisors

34 more people are available in the full profile.

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Complete people profiles for TriSalus Life Sciences

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IPO & Listings of TriSalus Life Sciences

TriSalus Life Sciences is a publicly listed company on the NASDAQ with ticker symbol TLSI in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date19 Mar 2021
  • Listed onNASDAQ: TLSI
  • Listed entityTriSalus Life Sciences, Inc.
  • Exchange sectorHealth technology
  • ISINUS89680M1018
  • Share price$4.00 (-3.38% on the day) · 2026-10-13
  • Market capitalisation$246.3M
  • EPS (diluted, trailing year)$-1.29
  • Volume (last session)120,145

Financials of TriSalus Life Sciences

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$45.1M-$39.2M-$26.3M
2024$29.4M-$30.1M-$35.2M
2023$18.5M-$59.4M-$52.6M
2022$12.4M-$47.2M-$35.0M
2021$4.8M-$3.0M
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Detailed financial statements for TriSalus Life Sciences

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Timeline of TriSalus Life Sciences

4 dated milestones of TriSalus Life Sciences across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded TriSalus Life Sciences is founded.
  2. Funding First funding round of $3.7M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $22.0M.

Competitors of TriSalus Life Sciences

TriSalus Life Sciences has 3 listed competitors in our database, 3 of them funded. They include Insulet, Lyra Therapeutics and Credence MedSystems.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
insulet.com2000Boston, United States$120.4M2,600
Wearable insulin infusion systems are developed for diabetes patients.
lyratherapeutics.com2005Watertown, United States$127.61M75
Small molecule therapeutics for ENT diseases are developed.
credencemed.com2011Menlo Park, United States$112.61M
Developer of smart devices for drug delivery
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Detailed competitors of TriSalus Life Sciences

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Web traffic of TriSalus Life Sciences

The website of TriSalus Life Sciences (trisaluslifesci.com) receives about 5.1K visits a month.

  • Monthly visits
    5.1K

    ▲ 11.9% vs previous month

Top companies in Biopharma Outsourcing & Drug Delivery

3 companies that operate in the same segment as TriSalus Life Sciences (Biopharma Outsourcing & Drug Delivery) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Suite solutions are provided for payers and healthcare providers.
1998Princeton, New Jersey, United StatesUSD 220 MUSD 374.1 M5,666
Wearable insulin infusion systems are developed for diabetes patients.
2000Boston, Massachusetts, United StatesUSD 120.4 MUSD 2.71 B3,900
Developer of small-molecule drugs
1991Los Angeles, California, United StatesUSD 50 MUSD 348.97 M407
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Related news about Trisalus Life Sciences

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Complete news archive for TriSalus Life Sciences

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Frequently Asked Questions about TriSalus Life Sciences

TriSalus Life Sciences was founded in 2009 and raised its 1st funding round 2 years after it was founded.

TriSalus Life Sciences is headquartered in Westminster, United States.

TriSalus Life Sciences is a funded company, having raised a total of $83.37M across 12 funding rounds to date. The company's 1st funding round was a Series B of $16.42M, raised on Apr 2011.

TriSalus Life Sciences has 110 employees.

Annual revenue of TriSalus Life Sciences is $45.15M as on Dec 31, 2025.

TriSalus Life Sciences is involved in developing drug delivery devices to treat cancers. They have developed a technology platform, Pressure-Enabled Drug Delivery (PEDD), which is designed to improve the distribution and penetration of therapy in solid tumors.

TriSalus Life Sciences's top competitors include Insulet, Lyra Therapeutics and Credence MedSystems.

TriSalus Life Sciences offers Drug Delivery Technology, nelitolimod, and TriNav Infusion System.

Yes, TriSalus Life Sciences is publicly traded on NASDAQ under the ticker symbol TLSI.

TriSalus Life Sciences has 9 investors. Key investors include MCG Capital, Nantahala Capital Management, Broadfin Capital, ORI Capital, and Tullis Health Investors.

TriSalus Life Sciences operates through Trisalus Life Sciences, Inc..

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