AtaCor Medical, Inc. Asset Profile

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Year established

2014

Location

San Clemente CA US

Primary Industry

Medical Devices & Equipment

About

Founded in 2014 and based in California, US, AtaCor Medical, Inc. operates as a developer of temporary, interim, and permanent cardiac implantable pacing systems that help monitor cardiac rhythm. In April 2024, AtaCor Medical raised USD 21.04 million in series C funding led by investor Arboretum Ventures, with participation from other investors Catalyst Health Ventures, Broadview Ventures, Hatteras Venture Partners, and BayMed Venture Partners. The firm, as of August 2024, is led by its President and CEO, Rick Sanghera. The company's flagship products include the AtaCor EV Temporary Pacing System and the AtaCor EV-ICD Lead System. The EV Temporary Pacing System provides a novel method for temporary cardiac pacing without entering the heart or vascular system, thereby reducing risks and enhancing patient comfort. Similarly, the EV-ICD Lead System is designed for extravascular defibrillation, offering a streamlined, less invasive alternative to traditional transvenous and subcutaneous ICDs. Both systems aim to improve patient outcomes by minimizing procedural complications and discomfort. AtaCor Medical plans to utilize the April 2024 funding to support FDA submission for its extravascular temporary pacing lead system and complete a pilot study for the third-generation EV-ICD lead system.

Current Investors

Broadview Ventures, aMoon, Hatteras Venture Partners

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Primary Industry

Medical Devices & Equipment

Sub Industries

Cardiology, Monitoring Equipment, Therapeutic Devices

Website

www.atacor.com

Verticals

Manufacturing

Company Stage

Series C

Total Amount Raised

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