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Endotronix

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A digital health medtech company, is developing an integrated platform to provide comprehensive, reimbursable health management tools for patients suffering from advanced heart failure

Woodridge, United StatesFounded 2007Biotech & Life Sciences
Valuation $500M–1B Last recorded · 2024
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Endotronix and the history behind them.

About Endotronix

Endotronix, established in 2007 by mechanical engineer Dr. Harry Rowland and cardiothoracic surgeon Dr. Anthony Nunez, operates at the convergence of medical technology and digital health to address the management of chronic heart failure. The company was born from a shared vision to create a more proactive approach to treating heart failure patients, moving care from the hospital to the home. Dr. Rowland's expertise in engineering, cultivated during his PhD, combined with Dr. Nunez's clinical experience in treating advanced heart failure, provided the foundational synergy for the company's core technology. Their journey began at the University of Chicago's business plan competition, where their concept for a wireless, implantable sensor gained initial traction.

The company's core offering is the Cordella Heart Failure System, a comprehensive platform designed for remote patient management. This system integrates a small, implantable pulmonary artery (PA) pressure sensor with a suite of daily health monitoring tools, including a blood pressure cuff, weight scale, and pulse oximeter. Patients take daily readings at home, and the data is wirelessly transmitted to their clinical team. This allows physicians to monitor for early signs of worsening heart failure, specifically fluid retention or congestion, which is a primary driver of hospitalizations. The business model targets healthcare providers, including hospitals and cardiology clinics, offering a solution to reduce the significant costs associated with heart failure-related hospital stays and improve patient outcomes. Revenue is generated from the sale of the Cordella system components and the associated monitoring services.

A significant milestone in the company's trajectory was the acquisition by Edwards Lifesciences in 2024, a move that integrated Endotronix's technology into the portfolio of a global leader in medical innovations for structural heart disease. Prior to this, the company achieved key regulatory milestones, including receiving CE Mark approval for the Cordella System in Europe, allowing for its commercialization in that market. The system underwent extensive clinical evaluation, most notably through the PROACTIVE-HF pivotal trial, which was designed to assess its safety and effectiveness in supporting clinical decision-making. This acquisition underscores the strategic value of Endotronix's platform in the evolving landscape of remote cardiac care.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2007
Headquarters
Woodridge, United States
Employees
99
Open positions
135
Dealroom signal
63.0/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices
Sector
Biotech & Life Sciences, Biotechnology, Cardiology and cardiovascular, Remote Monitoring, Spinout, Tech for Patients, Insurtech Related, remote health monitoring, DT and LS, science-based
Business model
Manufacturing
Client focus
b2c

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jul 2024 $0 — Edwards Lifesciences ↗
SERIES DOther financing Sep 2018 $45M $180M OSF · Seroba Life Sciences · Aperture Venture Partners · Wanxiang Healthcare Investments ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Endotronix website traffic

Latest recorded traffic for Endotronix is 3.3K monthly website visits, up 26.9% over the last three months. Endotronix's team declined 26.7% over the past year.

Latest monthly visits3.3K 3-month web change+26.9% 1-year team growth-26.7%
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Similar companies

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Investments and acquisitions

Capital deployed

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

Investors

13 investors on the cap table

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

Seed1 investor entered at this stage

  • JumpStart

Series B and later10 investors entered at this stage

  • Standard Treasury
  • Silicon Valley Bank
  • OSF
  • Aperture Venture Partners
  • Lumira Ventures
  • Bioventures Investors
  • SV Health Investors
  • EQT Life Sciences
  • Seroba Life Sciences
  • Wanxiang Healthcare Investments

Other known investors2 additional known investors

  • Edwards Lifesciences
  • Glen Research Corp.
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
3 countries with
team presence
🇺🇸 United States95.4%
🇩🇪 Germany2.3%
🇳🇱 Netherlands2.3%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Endotronix 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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