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SentreHEART

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LARIAT® Suture Delivery Device | SentreHeart, Inc.

Redwood City, United StatesFounded 2005Health Tech & Medtech
Valuation $250–500M Last recorded · 2019
Total funding $50–100M Disclosed equity funding
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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 data

At 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

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Aug 2019 $300M $300M AtriCure —
SERIES DOther financing Sep 2016 $35M $140M Deerfield —
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Growth signals

SentreHEART website traffic

Latest recorded traffic for SentreHEART is 150 monthly website visits, down 37.5% over the last three months.

Latest monthly visits150 3-month web change-37.5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

2 investors on the cap table

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
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
🇺🇸 United States · Redwood City HQ
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Market sentiment

Posts on X, past 7 days

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