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Svelte Medical Systems

Description

Developer of drug-eluting coronary stent-on-a-wire Integrated Delivery System (IDS) intended to treat coronary artery disease. The company's drug-eluting coronary stent-on-a-wire Integrated Delivery System (IDS) incorporates specialized ASAHI guide wire tip technology and proprietary balloon designs to enhance direct stenting and navigates coronary arteries like a guide wire, eliminating the need for additional guide wires and balloons in most cases, enabling patients to experience better clinical outcomes, enhanced comfort and reduce time and cost from procedures.

2007

Founded

PRIVATE

Status

11-50

Employees

Later Stage VC

Latest Deal Type

$12.3M

Latest Deal Amount

$141M

Total Amount Raised

Description

Developer of drug-eluting coronary stent-on-a-wire Integrated Delivery System (IDS) intended to treat coronary artery disease. The company's drug-eluting coronary stent-on-a-wire Integrated Delivery System (IDS) incorporates specialized ASAHI guide wire tip technology and proprietary balloon designs to enhance direct stenting and navigates coronary arteries like a guide wire, eliminating the need for additional guide wires and balloons in most cases, enabling patients to experience better clinical outcomes, enhanced comfort and reduce time and cost from procedures.

Website:

www.sveltemedical.com

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Therapeutic Devices

Other Industries

Other Devices and Supplies
Surgical Devices

Primary Office

675 Central Avenue Suite 2 New Providence, NJ 07974United States +1 (908) 264-2194
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    Svelte Medical Systems Valuation and Funding

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    Deal TypeDateAmountRaised to DatePost-ValStatusStage

    Svelte Medical Systems Cap Table

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

    Svelte Medical Systems Investors (7)

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    Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
    Seat
    Contact
    Info
    Apjohn VenturesVenture CapitalMinority000 0000000 0000
    CNF InvestmentsPE/BuyoutMinority000 0000000 0000
    Dempsey VenturesPE/BuyoutMinority000 0000000 0000
    Fischell familyOtherMinority000 0000000 0000
    New Science VenturesVenture CapitalMinority000 0000000 0000
    Apjohn Ventures Venture Capital
    CNF Investments PE/Buyout
    Dempsey Ventures PE/Buyout
    Fischell family Other
    New Science Ventures Venture Capital

    Svelte Medical Systems Executive Team (12)

    NameTitleBoard
    Seat
    Contact
    Info
    Jack DarbyPresident, Chief Executive Officer & Board Member
    Jean SchepperDirector, European Business
    Dean DillonaireDirector, Finance
    Robert CroceChairman & Executive
    David Fischell Ph.DCo-Founder
    Jack Darby President, Chief Executive Officer & Board Member
    Jean Schepper Director, European Business
    Dean Dillonaire Director, Finance
    Robert Croce Chairman & Executive
    David Fischell Ph.D Co-Founder

    Svelte Medical Systems Board Members (8)

    NameRepresentingRoleSinceContact
    Info
    Jack DarbySvelte Medical SystemsPresident, Chief Executive Officer & Board Member000 0000
    Michael CaponettoWest Health Investment FundBoard Member000 0000
    Nicholas ValerianiWest Health Investment FundChief Executive Officer000 0000
    Richard DakersWest Health Investment FundCo-Manager000 0000
    Robert CroceSvelte Medical SystemsChairman & Executive000 0000
    Jack Darby President, Chief Executive Officer & Board Member Svelte Medical Systems
    Michael Caponetto Board Member West Health Investment Fund
    Nicholas Valeriani Chief Executive Officer West Health Investment Fund
    Richard Dakers Co-Manager West Health Investment Fund
    Robert Croce Chairman & Executive Svelte Medical Systems
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