Pi-Cardia Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Private

  • Employees
  • 111

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $80M

  • Investors
  • 13

Pi-Cardia General Information

Description

Developer of medical catheter technological device designed to offer treatment of aortic stenosis. The company's device is a trans-femoral catheter incorporating nitinol elements to create fractures in valve calcifications without injuring the surrounding soft tissues, enabling doctors to offer cost-effective and durable treatment.

Contact Information

Formerly Known As
Pi R Squared
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 5 David Fikes Street
  • Science Park
  • Rehovot 7632805
  • Israel
+972
Primary Industry
Surgical Devices
Vertical(s)
Corporate Office
  • 5 David Fikes Street
  • Science Park
  • Rehovot 7632805
  • Israel
+972

Pi-Cardia Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Pi-Cardia Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
14. Later Stage VC 01-Sep-2026 $80M Completed Generating Revenue
13. Secondary Transaction - Private 01-Aug-2026 Completed Generating Revenue
12. Later Stage VC 01-Nov-2024 Completed Generating Revenue
11. Debt - General 01-Dec-2022 Completed Generating Revenue
10. Debt - General 25-Oct-2021 Completed Generating Revenue
9. Later Stage VC Completed Generating Revenue
8. Debt - General 01-Jan-2021 Completed Generating Revenue
7. Later Stage VC (Series D) 20-Apr-2020 Completed Generating Revenue
6. Later Stage VC 10-Sep-2019 $16.1M Completed Generating Revenue
5. Later Stage VC (Series C) 07-Jan-2016 $10M $16.1M Completed Generating Revenue
To view Pi-Cardia’s complete valuation and funding history, request access »

Pi-Cardia Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Preferred C1
Preferred C
Preferred B
Preferred B1 250,000 $1.24 $1.24 $1.24 1.75%
Preferred A 600,000 $1 $1 $1 4.19%
To view Pi-Cardia’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Pi-Cardia Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of medical catheter technological device designed to offer treatment of aortic stenosis. The company's device
Surgical Devices
Rehovot, Israel
111 As of 2026

Framingham, MA
 

Kennesaw, GA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Pi-Cardia Competitors (7)

One of Pi-Cardia’s 7 competitors is VALFIX, a Venture Capital-Backed company based in Framingham, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
VALFIX Venture Capital-Backed Framingham, MA
Artivion Formerly PE-Backed Kennesaw, GA
Micro Interventional Devices Venture Capital-Backed Newtown, PA
Valcare Medical Venture Capital-Backed Herzliya, Israel
Colibri Heart Valve Venture Capital-Backed Louisville, CO
You’re viewing 5 of 7 competitors. Get the full list »

Pi-Cardia Patents

Pi-Cardia Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20260232341-A1 Heart valve tissue multi-blade cutting and scoring device Pending 13-Feb-2025
WO-2026172345-A1 Heart valve tissue multi-blade cutting and scoring device Pending 13-Feb-2025
WO-2026150237-A1 Heart valve tissue stabbing and cutting device Pending 13-Jan-2025
WO-2026150409-A1 Oscillating device for scoring calcifications in heart valves Pending 13-Jan-2025
US-20250213264-A1 Heart valve tissue stabbing and cutting device Pending 31-Dec-2023 A61B17/32
To view Pi-Cardia’s complete patent history, request access »

Pi-Cardia Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Pi-Cardia Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds
Medtronic Corporation Minority
River Street Management Venture Capital Minority
Minogue Consulting Venture Capital Minority
SPRIG Equity Venture Capital Minority
Anges Québec Angel Group Minority
You’re viewing 5 of 13 investors. Get the full list »

Pi-Cardia FAQs

  • When was Pi-Cardia founded?

    Pi-Cardia was founded in 2009.

  • Where is Pi-Cardia headquartered?

    Pi-Cardia is headquartered in Rehovot, Israel.

  • What is the size of Pi-Cardia?

    Pi-Cardia has 111 total employees.

  • What industry is Pi-Cardia in?

    Pi-Cardia’s primary industry is Surgical Devices.

  • Is Pi-Cardia a private or public company?

    Pi-Cardia is a Private company.

  • What is Pi-Cardia’s current revenue?

    The current revenue for Pi-Cardia is .

  • How much funding has Pi-Cardia raised over time?

    Pi-Cardia has raised $154M.

  • Who are Pi-Cardia’s investors?

    Medtronic, River Street Management, Minogue Consulting, SPRIG Equity, and Anges Québec are 5 of 13 investors who have invested in Pi-Cardia.

  • Who are Pi-Cardia’s competitors?

    VALFIX, Artivion, Micro Interventional Devices, Valcare Medical, and Colibri Heart Valve are some of the 7 competitors of Pi-Cardia.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process