ReCor Medical

Acquired

Transforming hypertension management through ultrasound renal denervation

Palo Alto, United States · Founded 2009 · $25.4M raised

Employees
201–500
Founded
2009
Business Model
B2B
Total Funding
$25.4M
Last Round
$15.0M Series DJun 2017
Rounds
2
Acquisition Date
Jul 2018

About

Recor Medical is a medical technology company focused on transforming the management of hypertension through its FDA-approved Paradise Ultrasound Renal Denervation (uRDN) system. The Paradise system uses 360-degree ultrasound energy to ablate renal nerves in 7-second treatment cycles, delivering clinically proven blood pressure reductions sustained across multiple years in patients with uncontrolled or resistant hypertension. As a wholly owned subsidiary of Otsuka Medical Devices Co., Ltd., Recor sells to interventional cardiologists and hospital catheterization labs in the United States and internationally, where the system also bears CE mark approval. The company has conducted multiple successful U.S. randomized controlled trials (RADIANCE-HTN series) and obtained a CMS National Coverage Determination, establishing a reimbursement pathway for routine clinical adoption.

Summary

ReCor Medical is a Healthcare company based in Palo Alto, United States, founded in 2009. It has raised $25.4M in total across 2 rounds, most recently a $15.0M Series D round in Jun 2017. Investors include Otsuka Holdings and Sofinnova Partners.

Tech & App Stack

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Funding History

AcquisitionJul 2018

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Series B through Acquisition — per-round amounts, valuations, and who invested in each round.

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