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Cardiosolutions

Description

Developer of an invasive percutaneous alternative designed to perform open heart surgical repair of the mitral valve. The company's invasive percutaneous alternative which includes Percu-Pro System reduces the degree of mitral regurgitation in patients with functional or degenerative valve insufficiency, enabling patients to recover fast and undergo a a less costly alternative to current treatment options.

2006

Founded

PRIVATE

Status

Series B

Latest Deal Type

$14.9M

Latest Deal Amount

$25.5M

Total Amount Raised

2

Investors

Description

Developer of an invasive percutaneous alternative designed to perform open heart surgical repair of the mitral valve. The company's invasive percutaneous alternative which includes Percu-Pro System reduces the degree of mitral regurgitation in patients with functional or degenerative valve insufficiency, enabling patients to recover fast and undergo a a less costly alternative to current treatment options.

Website:

www.cardiosolutionsinc.com

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Surgical Devices

Other Industries

Therapeutic Devices

Primary Office

375 West Street West Bridgewater, MA 02379United States +1 (781) 344-0801
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    Cardiosolutions Valuation and Funding

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    Deal TypeDateAmountRaised to DatePost-ValStatusStage

    Cardiosolutions Cap Table

    Stock# of Shares
    Authorized
    Par ValueDividend Rate (%)Original
    Issue Price
    LiquidationLiquidation
    Pref. Multiple
    Conversion
    Price
    % Owned

    Cardiosolutions Investors (2)

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    Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
    Seat
    Contact
    Info
    BioVentures InvestorsVenture CapitalMinority000 0000000 0000
    SorinCorporationMinority000 0000000 0000
    BioVentures Investors Venture Capital
    Sorin Corporation

    Cardiosolutions Executive Team (7)

    NameTitleBoard
    Seat
    Contact
    Info
    Fred KornahrensPresident & Chief Executive Officer
    Michael BenoitChief Executive Officer
    Steven TallaridaCo-Founder, President & Chairman
    Ross GarofaloChief Financial Officer
    Jon WilsonChief Operating Officer
    Fred Kornahrens President & Chief Executive Officer
    Michael Benoit Chief Executive Officer
    Steven Tallarida Co-Founder, President & Chairman
    Ross Garofalo Chief Financial Officer
    Jon Wilson Chief Operating Officer

    Cardiosolutions Board Members (1)

    NameRepresentingRoleSinceContact
    Info
    Steven TallaridaCardiosolutionsCo-Founder, President & Chairman000 0000
    Steven Tallarida Co-Founder, President & Chairman Cardiosolutions
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