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On-X Life Technologies

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Mechanical heart valve replacements

Austin, United StatesFounded 1994Health Tech & Medtech
Valuation $100–250M Last recorded · 2015
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About On-X Life Technologies

On X Life Technologies, Inc. is a pioneering company in the medical device industry, specializing in the development and manufacture of advanced mechanical and prosthetic heart valves. The company serves patients with heart valve disease, providing them with cutting-edge solutions designed to improve their quality of life. Operating primarily in the healthcare market, On X Life Technologies targets hospitals, cardiac surgeons, and healthcare providers who require reliable and effective heart valve replacement options.

The business model of On X Life Technologies revolves around the research, development, and commercialization of its heart valve products. The company generates revenue through the sale of its various heart valve products, including aortic and mitral valves with different sewing ring options, as well as other related medical devices like CO2 diffusion catheters and ePTFE sutures.

On X Life Technologies has received significant regulatory approvals, including CE mark and FDA approval, which allow it to market its products in various regions with expanded labeling claims. This regulatory backing enhances the company's credibility and market reach.

The company is committed to continuous innovation, as evidenced by its presentations at major medical conferences and its efforts to educate patients and healthcare providers about heart valve disease and treatment options.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1994
Headquarters
Austin, United States
Employees
13
Open positions
None listed
Dealroom signal
0.0/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Cardiology and cardiovascular, Outside Tech
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Dec 2015 $130M $130M CryoLife —
LATE VC✓Equity / VC Jun 2007 $32M $128M Paul Capital · PTV Healthcare Capital —
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Financials

Revenue over time

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

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

On-X Life Technologies website traffic

Latest recorded traffic for On-X Life Technologies is 3.1K monthly website visits, down 27.9% over the last three months. On-X Life Technologies's team grew 550% over the past year.

Latest monthly visits3.1K 3-month web change-27.9% 1-year team growth+550%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

3 investors on the cap table

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

Series B and later2 investors entered at this stage

  • Paul Capital
  • PTV Healthcare Capital

Other known investors1 additional known investor

  • CryoLife
Employees 13 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
🇺🇸 United States · Austin HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about On-X Life Technologies 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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