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Endotronix
A digital health medtech company, is developing an integrated platform to provide comprehensive, reimbursable health management tools for patients suffering from advanced heart failure
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jul 2024 | $0 | — | Edwards Lifesciences | ↗ |
| SERIES DOther financing | Sep 2018 | $45M | $180M | OSF · Seroba Life Sciences · Aperture Venture Partners · Wanxiang Healthcare Investments | ↗ |
Growth signals
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.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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- APAperture Venture Partners
Lumira Ventures- BIBioventures Investors
SV Health Investors
EQT Life Sciences
Seroba Life Sciences
Wanxiang Healthcare Investments
Other known investors2 additional known investors
Edwards Lifesciences
Glen Research Corp.
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Endotronix on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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