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SentreHEART
LARIAT® Suture Delivery Device | SentreHeart, Inc.
About SentreHEART
SentreHEART, established in 2005 by Russell Seiber, is a medical device company that operated from Redwood City, California. The firm concentrated on developing percutaneous solutions for managing the left atrial appendage (LAA), a primary source of blood clots in patients with atrial fibrillation. SentreHEART's journey culminated in its acquisition by AtriCure, Inc. in August 2019, a transaction valued at up to $300 million, which included a $40 million upfront payment with the remainder contingent on clinical and reimbursement milestones.
The company's core product is the LARIAT® Suture Delivery Device, a system designed for the remote delivery of a pre-tied suture to close the LAA. This procedure offers a non-implant solution for LAA exclusion, a key differentiator from other market alternatives. The LARIAT system enables clinicians, guided by fluoroscopic and echocardiographic imaging, to encircle the base of the LAA with a suture from outside the heart, leaving no foreign material inside. This process leads to the mechanical and potential electrical isolation of the appendage, which over time is expected to atrophy and disappear, thereby mitigating the risk of stroke associated with atrial fibrillation.
SentreHEART's business strategy centered on the development and commercialization of the LARIAT device for its target clients, primarily electrophysiologists and cardiothoracic surgeons. A significant part of its operations involved rigorous clinical validation, most notably through the aMAZE Trial, an FDA-approved, prospective, multicenter, randomized controlled study. This trial was designed to demonstrate that using the LARIAT device as an adjunct to pulmonary vein isolation (PVI) catheter ablation could reduce the incidence of recurrent atrial fibrillation in patients with persistent and long-standing forms of the condition. The company raised a total of $69 million over several funding rounds to support these development and clinical efforts.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2005
- Headquarters
- Redwood City, United States
- Open positions
- None listed
- Dealroom signal
- 25.3/100
- 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Aug 2019 | $300M | $300M | AtriCure | — |
| SERIES DOther financing | Sep 2016 | $35M | $140M | Deerfield | — |
Growth signals
Latest recorded traffic for SentreHEART is 150 monthly website visits, down 37.5% over the last three months.
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.
Series B and later1 investor entered at this stage
Deerfield
Other known investors1 additional known investor
AtriCure
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about SentreHEART 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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