About TyRx
TyRx is a company based in Monmouth Junction (United States) founded in 1998 was acquired by Medtronic in January 2014.. TyRx has raised $81.83 million across 10 funding rounds from investors including Medtronic, Boston Scientific and Comerica. The company has 42 employees as of December 31, 2022. TyRx operates in a competitive market with competitors including AtriCure, AtaCor Medical, Kestra Medical Technologies, CardioFocus and Biosense Webster, among others.
- Headquarter Monmouth Junction, United States
- Employees 42 as on 31 Dec, 2022
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Tyrx, Inc
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Funding Insights of TyRx
TyRx has successfully raised a total of $81.83M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $2 million completed in May 2013. 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 Funding
- Total Rounds 10
- Last Round Series C — $2.0M
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First Round
First Round
(01 Aug 2004)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series C - TyRx | Valuation | MemorialCare Innovation Fund |
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| Jan, 2013 | Amount | Series C - TyRx | Valuation |
investors |
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| Feb, 2012 | Amount | Series C - TyRx | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TyRx
TyRx has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Medtronic, Boston Scientific and Comerica. 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.
| Investor | Description | Founded Year | Domain | Location |
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VC firm investing in expansion stage tech and life sciences companies in the US
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Founded Year | Domain | Location | |
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VC firm focusing on life science sector
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Founded Year | Domain | Location | |
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TyRx
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TyRx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tyrx Comparisons
Competitors of TyRx
TyRx 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 AtriCure, AtaCor Medical, Kestra Medical Technologies, CardioFocus and Biosense Webster, 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 |
Cardiac ablation and occlusion devices for atrial fibrillation are provided.
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| domain | founded_year | HQ Location |
An implantable pacemaker system is developed for cardiac pacing therapy.
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| domain | founded_year | HQ Location |
Medical devices are developed to support cardiovascular patients at risk.
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| domain | founded_year | HQ Location |
Endoscopic catheter for atrial fibrillation ablation is developed.
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| domain | founded_year | HQ Location |
Mapping catheters for cardiac arrhythmia treatment are developed.
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| domain | founded_year | HQ Location |
Wireless cardiac pacing devices are developed for left ventricle stimulation.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tyrx
Frequently Asked Questions about TyRx
When was TyRx founded?
TyRx was founded in 1998 and raised its 1st funding round 6 years after it was founded.
Where is TyRx located?
TyRx is headquartered in Monmouth Junction, United States. It is registered at Monmouth Junction, New Jersey, United States.
Is TyRx a funded company?
TyRx is a funded company, having raised a total of $81.83M across 10 funding rounds to date. The company's 1st funding round was a Series C of $2.5M, raised on Aug 01, 2004.
How many employees does TyRx have?
As of Dec 31, 2022, the latest employee count at TyRx is 42.
What does TyRx do?
TyRx was founded in 1998 in Monmouth Junction, United States, within the medical device sector. Antibacterial envelopes are produced by the company for cardiac implantable devices, with stabilization of implants and reduction of surgical site infections addressed through their design. Operations center on infection prevention for pacemaker and similar applications. Acquisition by Medtronic was completed in 2014.
Who are the top competitors of TyRx?
TyRx's top competitors include AtaCor Medical, AtriCure and CardioFocus.
Who are TyRx's investors?
TyRx has 7 investors. Key investors include Medtronic, Boston Scientific, Comerica, Blackstone, and HLM Venture Partners.
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