About World Heart Corporation
World Heart Corporation is a company based in Salt Lake City (United States) founded in 1996 was acquired by HeartWare in August 2012.. World Heart Corporation has raised $7.31 million across 3 funding rounds from investors including New Leaf Venture Partners, HeartWare and HHS. World Heart Corporation operates in a competitive market with competitors including Sequana Medical, CVRx, HeartWare, Element Science and Ancora Heart, among others.
- Headquarter Salt Lake City, United States
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
- Legal Name World Heart Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.31 M (USD)
in 3 rounds
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Latest Funding Round
$25.3 M (USD), Post-IPO
Oct 14, 2014
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Investors
New Leaf Venture Partners
& 2 more
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Employee Count
Employee Count
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Acquired by
HeartWare
(Aug 02, 2012)
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Funding Insights of World Heart Corporation
World Heart Corporation has successfully raised a total of $7.31M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $25.3 million completed in October 2014. 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 3
- Last Round Post-IPO — $25.3M
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First Round
First Round
(02 Feb 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2014 | Amount | Post-IPO - World Heart Corporation | Valuation |
investors |
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| Aug, 2011 | Amount | Grant - World Heart Corporation | Valuation |
investors |
|
| Feb, 2010 | Amount | Series A - World Heart Corporation | 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 World Heart Corporation
World Heart Corporation has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include New Leaf Venture Partners, HeartWare and HHS. 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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Stage-agnostic investments in US life sciences are managed.
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Founded Year | Domain | Location | |
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Miniaturized ventricular assist devices are developed for heart failure treatment.
|
Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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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
|
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.
|
Founded Year | Domain | Location |
Investments & Acquisitions by World Heart Corporation
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - World Heart Corporation
| 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 |
World Heart Corporation Comparisons
Competitors of World Heart Corporation
World Heart Corporation 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 Sequana Medical, CVRx, HeartWare, Element Science and Ancora Heart, 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 |
Implantable battery-powered pumps for ascites removal are developed.
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| domain | founded_year | HQ Location |
Implantable technology for hypertension and heart failure is developed.
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| domain | founded_year | HQ Location |
Miniaturized ventricular assist devices are developed for heart failure treatment.
|
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| domain | founded_year | HQ Location |
Wearable patch defibrillators are developed for sudden cardiac arrest treatment.
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| domain | founded_year | HQ Location |
Minimally invasive ventriculoplasty system for heart failure and FMR
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| domain | founded_year | HQ Location |
Total artificial hearts are developed for cardiac replacement therapy.
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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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Frequently Asked Questions about World Heart Corporation
When was World Heart Corporation founded?
World Heart Corporation was founded in 1996 and raised its 1st funding round 14 years after it was founded.
Where is World Heart Corporation located?
World Heart Corporation is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Is World Heart Corporation a funded company?
World Heart Corporation is a funded company, having raised a total of $7.31M across 3 funding rounds to date. The company's 1st funding round was a Series A of $7.31M, raised on Feb 02, 2010.
What does World Heart Corporation do?
World Heart Corporation has developed implantable ventricular assist devices for adults, children, and infants suffering from heart failure. Products developed by the company include PediaFlow VAD (a magnetically-levitated rotodynamic centrifugal VAD, for infants and children, designed by using CFD-based design optimization software) and MiFlow VAD (a miniature maglev rotary pump, intended to provide partial to full circulatory support in adult patients). Its devices can be used in early stage of heart failure, as well as for late-stage heart failure patients. HeartWare acquired the company in August 2012.
Who are the top competitors of World Heart Corporation?
World Heart Corporation's top competitors include Sequana Medical, CVRx and Adona Medical.
Who are World Heart Corporation's investors?
World Heart Corporation has 3 investors. Key investors include New Leaf Venture Partners, HeartWare, and HHS.