TriSalus Life Sciences

Westminster, United States Founded: 2009 • Age: 17 yrs
Developer of drug delivery devices to treat cancers
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About TriSalus Life Sciences

TriSalus Life Sciences is a company based in Westminster (United States) founded in 2009.. 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 as of December 31, 2024. TriSalus Life Sciences offers products and services including Drug Delivery Technology, nelitolimod, and TriNav Infusion System. TriSalus Life Sciences operates in a competitive market with competitors including Insulet, Lyra Therapeutics, Credence MedSystems, Foresee Pharmaceuticals and Cellectar Biosciences, among others.

  • Headquarter Westminster, United States
  • Employees 110 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Trisalus Life Sciences, Inc.
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $29.43 M
    58.99
    as on Dec 31, 2024
  • Net Profit
    $-30.05 M
    49.39
    as on Dec 31, 2024
  • EBITDA
    $-35.16 M
    33.15
    as on Dec 31, 2024
  • Total Equity Funding
    $83.37 M (USD)

    in 12 rounds

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

    Apr 30, 2025

  • Investors
    MCG Capital

    & 8 more

  • Employee Count
    110

    as on Dec 31, 2024

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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.

Exchange: NASDAQ · Ticker: TLSI . Sector: Health technology · USA

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. 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.

Primary

Platform for enhancing drug delivery to tumors.

Candidate therapy for liver and pancreatic tumor treatment.

System for pressure-enabled drug administration in tumors.

People of TriSalus Life Sciences
Headcount 50-200
Employee Profiles 33
Board Members and Advisors 21
Employee Profiles
People
Mike McDonough
Senior Regional Oncology Business Manager
People
Caitlin Schaefer
Vp, Chief Accounting Officer
People
Shelby Hooks
Clinical Specialist
People
Linh T Pham
Financial Reporting Manager

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Board Members and Advisors
people
Anil Singhal
Director
people
Mats L. Wahlström
Chairman
people
Kerry Hicks
Director
people
Alexander Y. Kim
Scientific Advisory Board Member

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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
  • Total Rounds 12
  • Last Round Post-IPO — $22.0M
  • First Round

    (26 Apr 2011)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2025 Amount Post-IPO - TriSalus Life Sciences Valuation Nantahala Capital Management
Dec, 2024 Amount Post-IPO - TriSalus Life Sciences Valuation

investors

Oct, 2022 Amount Post-IPO - TriSalus Life Sciences 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 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. 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
Investment opportunities in healthcare are managed by Broadfin Capital.
Founded Year Domain Location
A venture capital firm focused on early-stage biotech investments.
Founded Year Domain Location
Healthcare investments are made by Tullis Health Investors.
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 TriSalus Life Sciences

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 - TriSalus Life Sciences

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

Trisalus Life Sciences Comparisons

Employees
+
Add Comparison
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Competitors of TriSalus Life Sciences

TriSalus Life Sciences 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 Insulet, Lyra Therapeutics, Credence MedSystems, Foresee Pharmaceuticals and Cellectar Biosciences, 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
Wearable insulin infusion systems are developed for diabetes patients.
domain founded_year HQ Location
Small molecule therapeutics for ENT diseases are developed.
domain founded_year HQ Location
Developer of smart devices for drug delivery
domain founded_year HQ Location
Injectables and NCEs for cancer and chronic diseases are developed.
domain founded_year HQ Location
Phospholipid drug conjugates for cancer treatment are developed.
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 Trisalus Life Sciences

Frequently Asked Questions about TriSalus Life Sciences

When was TriSalus Life Sciences founded?

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

Where is TriSalus Life Sciences located?

TriSalus Life Sciences is headquartered in Westminster, United States.

Is TriSalus Life Sciences a funded company?

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 Post-IPO of $15.32M, raised on Apr 26, 2011.

How many employees does TriSalus Life Sciences have?

As of Dec 31, 2024, the latest employee count at TriSalus Life Sciences is 110.

What is the annual revenue of TriSalus Life Sciences?

Annual revenue of TriSalus Life Sciences is $29.43M as on Dec 31, 2024.

What does TriSalus Life Sciences do?

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.

Who are the top competitors of TriSalus Life Sciences?

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

What products or services does TriSalus Life Sciences offer?

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

Is TriSalus Life Sciences publicly traded?

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

Who are TriSalus Life Sciences's investors?

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

What is TriSalus Life Sciences's ticker symbol?

The ticker symbol of TriSalus Life Sciences is TLSI on NASDAQ.

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