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MVRx

MVRx
2009 FOUNDED
PRIVATE STATUS
Series A2 LATEST DEAL TYPE
$6.81M LATEST DEAL AMOUNT
Description

Developer of an endovascular therapy designed to offer mitral valve regurgitation associated with congestive heart failure. The company's endovascular therapy specializes in designing and developing mitral valve repair system that treats heart failure by reducing the backward leakage of blood through the mitral valve thereby increasing the forward flow of blood to the rest of the body, enabling heart patients to reduce stress on the heart, muscle damage and chances of cardiac arrest.

Website
Ownership Status
Privately Held (backing)
Financing Status
Angel-Backed
Primary Industry
Other Healthcare Services
Other Industries
Biotechnology
Therapeutic Devices
Primary Office
  • 1700 South Amphlett Boulevard
  • Suite 100
  • San Mateo, CA 94402
  • United States

+1 (650) 000-0000
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MVRx Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Angel (individual) 24-Feb-2016 $6.81M 00.000 0000 Completed Clinical Trials - Phase 1
2. Angel (individual) 31-Dec-2013 00000 00000 Completed Product Development
1. Angel (individual) 07-Dec-2010 $131K $131K 00000 Completed Product Development
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MVRx Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series A2 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A1 000,000 00.000000 00 00.0 00.0 00 00.0 0.000
Series 1 2,750,000 $0.001000 8% $0.1 $0.1 1x $0.1 24.26%
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MVRx Executive Team (3)

Name Title Board
Seat
Contact
Info
David Rahdert Ph.D Co-Founder & Director of Research & Development
Robert Chang Co-Founder, Board Member, President and Chief Executive Officer
Timothy Machold Co-Founder, Vice President, Research & Development & Board Member

MVRx Board Members (2)

Name Representing Role Since Contact
Info
Robert Chang MVRx Co-Founder, Board Member, President and Chief Executive Officer 000 0000
Timothy Machold MVRx Co-Founder, Vice President, Research & Development & Board Member 000 0000