How much funding has Cardiac Success raised?

Cardiac Success has raised $16.6M in total funding, most recently a Grant round.

When was Cardiac Success founded?

Cardiac Success was founded in 2017.

Where is Cardiac Success headquartered?

Cardiac Success is headquartered in Yokneam.

What industry is Cardiac Success in?

Cardiac Success operates in Medical Devices.

How many employees does Cardiac Success have?

Cardiac Success has 11-50 employees.

Cardiac Success

Q: Who are Cardiac Success's investors?

Cardiac Success's investors include European Innovation Council Fund, 415 Investments.

Transcatheter ventricular repair device to reverse heart failure

Yokneam · Founded 2017 · $16.6M raised

Medical Devices

Headquarters: Yokneam
Employees: 11–50
Founded: 2017
Business Model: B2B

Website: cardiacsuccess.com
Total Funding: $16.6M
Last Round: $11.4M GrantJan 2022
Rounds: 2

About

Cardiac Success is a medical device company founded in 2017 in Yokneam, Israel, within the Alon Medtech Ventures incubator, by serial entrepreneur Dr. Shimon Eckhouse (Chairman) and Dr. David Neustadter (CTO). The company is developing the Vsling — an innovative transcatheter ventricular repair device designed to treat Heart Failure with Reduced Ejection Fraction (HFrEF), a condition affecting 1.85 million symptomatic US patients and millions more worldwide who fail to respond to guideline-directed medical therapy. The Vsling is an atraumatic, size-adjustable implant delivered via a low-profile transcatheter delivery system that directly reshapes the left ventricle by cinching the papillary muscle bases, halting the pathological cycle of cardiac remodeling and initiating heart recovery. The device is based on proven surgical papillary muscle approximation procedures but enables a minimally invasive transcatheter approach. Currently in a focused First-in-Human clinical study in Israel, Poland, and Georgia, the Vsling has shown promising early results in improving patient quality of life and cardiac function. Cardiac Success raised a $5.2 million Series A financing in 2021 led by 415 Capital, and has received EU Horizon Europe research funding.

Summary

Cardiac Success is a Medical Devices company based in Yokneam, founded in 2017. It has raised $16.6M in total across 2 rounds, most recently a $11.4M Grant round in Jan 2022. Investors include European Innovation Council Fund and 415 Investments.