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Adona Medical

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Advanced approaches for heart failure

Los Gatos, United StatesFounded 2019Health Tech & Medtech
Valuation $100–250M Last recorded · 2024
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Adona Medical

Adona Medical, based in Los Gatos, CA, is a preclinical stage medical technology company and part of the Shifamed portfolio. The company focuses on developing advanced solutions for interatrial shunting and remote patient monitoring, specifically targeting patients with advanced heart failure. Interatrial shunting is a procedure that involves creating a small passage between the heart's atria to help manage pressure and blood flow, which can be crucial for heart failure patients. Remote patient monitoring involves using technology to keep track of patients' health data from a distance, allowing for better management and timely interventions.

Adona Medical's primary product, the Adona Medical System, is currently for investigational use only and is not available for sale in the U.S. or internationally. This system includes a novel interatrial shunt with integrated bi-atrial pressure monitoring. This means it can measure pressures in both atria (upper chambers of the heart) and adjust the shunt size to better manage the patient's condition over time. By reducing left atrial pressure (LAP) and unloading a small volume of blood into the right atrium (RA), the system aims to provide more individualized and effective management of heart failure.

The company operates in the medical technology market, specifically within the niche of heart failure management. Its clients are primarily healthcare providers and medical institutions that treat patients with advanced heart failure. Adona Medical's business model revolves around developing innovative medical devices that can eventually be commercialized and sold to these healthcare providers once they receive the necessary regulatory approvals.

Revenue generation for Adona Medical will likely come from the sale of its medical devices and potentially from partnerships or licensing agreements with larger medical technology companies. As the company is still in the preclinical stage, it is focused on research and development, clinical trials, and obtaining regulatory approvals.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Los Gatos, United States
Employees
29
Open positions
None listed
Dealroom signal
60.8/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Hard Tech
Business model
Marketplace & ecommerce
Client focus
b2b, b2c

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Jul 2024 $34M $134M AMED Ventures · The Capital Partnership · Excelestar Ventures · Unorthodox ventures ↗
SERIES BOther financing Apr 2022 $38M $150M PA MedTech VC Fund · The Capital Partnership · Excelestar Ventures · Supira Medical ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Adona Medical website traffic

Latest recorded traffic for Adona Medical is 200 monthly website visits, down 84.6% over the last three months. Adona Medical's team declined 40.8% over the past year.

Latest monthly visits200 3-month web change-84.6% 1-year team growth-40.8%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

Series B and later1 investor entered at this stage

  • Unorthodox ventures
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Adona Medical on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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