COMPANY PROFILE

FastWave Medical

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An early-stage medical device company

Brooklyn Park, United StatesFounded 2021Health Tech & Medtech

Valuation $50–100M Last recorded · 2024

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About FastWave Medical

FastWave Medical is a medical device company developing next-generation intravascular lithotripsy (IVL) systems for the treatment of calcific artery disease. The company's platform utilizes a balloon catheter to deliver circumferential ultrasonic pressure waves, which are designed to fracture calcium deposits in both peripheral and coronary arteries. This approach aims to improve procedural efficiency and cost-effectiveness compared to existing treatments.

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FastWave Medical's target market includes interventional cardiologists and vascular surgeons who perform procedures to treat calcific artery disease. The company's business model is focused on the development and eventual commercialization of its IVL systems, pending regulatory approval. The company has raised over $40 million in venture financing to support its research and development efforts. FastWave Medical's technology is currently in the clinical trial phase and has not yet been approved for commercial use.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2021
Headquarters: Brooklyn Park, United States
Employees: 21
Open positions: None listed
Dealroom signal: 72.9/100
Industry: Health
Sub-industry: Medical Devices
Sector: Health Tech & Medtech, Surgery, Cardiology and cardiovascular, Hard Tech, DT and LS, science-based
Technology: Deep Tech
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
EARLY VC✓Equity / VC	Dec 2024	$19M	$76M	M&L Group · Epic Venture Partners	↗
EARLY VC✓Equity / VC	Sep 2023	$0	—	Undisclosed	↗

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Growth signals

FastWave Medical website traffic

Latest recorded traffic for FastWave Medical is 3.2K monthly website visits, up 6.7% over the last three months. FastWave Medical's team declined 25% over the past year.

Latest monthly visits3.2K 3-month web change+6.7% 1-year team growth-25%

Monthly website visitsOct 2022–Jul 2026

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