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Global Cardiovascular Innovation Center

Global Cardiovascular Innovation Center

The Global Cardiovascular Innovation Center (GCIC) is a cardiovascular product development consortium made possible through a $60 million grant from the State of Ohio's Third Frontier Program. Founded in 2007, GCIC is the first Wright Mega-Center of Innovation under this program. GCIC is focused on the formation, attraction, expansion and retention of cardiovascular companies to create jobs and facilitate economic development in the State of Ohio. It is a multi-institutional initiative that includes major research institutions in Ohio including Cleveland Clinic, Case Medical Center, The Ohio State University, University of Cincinnati and University of Toledo. The firm is based in Cleveland, Ohio

Investor Status
Actively Seeking New Investments
Year Founded
Primary Investor Type
Other Investor Types
Venture Capital
Primary Office
  • 10000 Cedar Avenue
  • Cleveland, OH 44106
  • United States

+1 (216) 000-0000

Global Cardiovascular Innovation Center Investments (37)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Xact Medical 01-Apr-2018 Early Stage VC Medical Supplies Product Development
00000 00000000000 13-Feb-2017 00000 00000 00.00 Monitoring Equipment Startup 0000 000
0000000 0000000 00 09-Aug-2016 00000 00000 0000 Monitoring Equipment Generating Revenue
000000 00000000 24-Feb-2016 00000 00000 Surgical Devices Generating Revenue
0000000000 0000000 25-Feb-2015 00000 (00000 000 Monitoring Equipment Clinical Trials - General
00000000000 000000 18-Dec-2014 00000 00000 00000 Therapeutic Devices Generating Revenue
00000000 0000 25-Sep-2014 00000 00000 00.00 Laboratory Services (Healthcare) Product Development
00000000000 000000 31-Oct-2012 00000 00000 000 Therapeutic Devices Generating Revenue
VentureMed Group 01-Oct-2012 Seed Round 00.000 Surgical Devices Startup
Juventas Therapeutics 16-Jul-2012 Early Stage VC 000.00 Biotechnology Clinical Trials - Phase 2
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Global Cardiovascular Innovation Center Exits (6)

Company Name Exit Date Exit Type Exit Size Status Buyers
Securus Medical Group 03-Apr-2018 Merger/Acquisition 0000 Completed
  • Boston Scientific
000000000 21-Aug-2017 000000000000000000 Completed
  • 2 buyers
0000000 01-Jun-2017 000 00 00000000 Completed
00000000000 000000 19-Oct-2016 000000000000000000 Completed
  • 0000 000000000
Akebia Therapeutics 20-Mar-2014 IPO 00000 Completed
Cell Targeting 28-Jan-2011 Merger/Acquisition 00.00 Completed
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Global Cardiovascular Innovation Center Team (11)

Name Title Deals Funds Boards Office Contact
Mark Low Managing Director 0 Cleveland, OH
Veronika Dwyer Administrative Program Coordinator Cleveland, OH
Kelly Emerton Ph.D Senior Director, Product Development Cleveland, OH
Marwane Berrada Senior Director, Product Development Cleveland, OH
Suguna Rachakonda Ph.D Senior Director, Product Development 0 Cleveland, OH

3 Former Team Members

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Global Cardiovascular Innovation Center Co-Investors (10)

Name With Exits Lead Partner
Dayton Development Coalition 2 0
Boston Scientific 0 0 0
Cincinnati Children's Hospital Medical Center 0 0
Cleveland Clinic Innovations 0
RiverVest Venture Partners 0 0 0
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