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Adagio Medical - About the company

Adagio Medical is a public company based in Laguna Hills (United States), founded in 2011 by Olav Bergheim. It operates as a Stealth mode startup developing cardiovascular therapies. Adagio Medical has raised $72.1M in funding from investors like RA Capital Management, Perceptive Advisors and ArrowMark Partners. The company has 11 active competitors, including 3 funded and 4 that have exited. Its top competitors include companies like Imricor, SwiftSync and Endosense.

Company Details

Stealth Mode: Adagio Medical is a Fjord Ventures portfolio company, based in Laguna Hills. It is focused on the development of cardiovascular therapies. it’s a portfolio company of Fjord Ventures, a technology accelerator that provides venture capital and hands-on support to medical startups.
Social
X
Registered Address
Laguna Hills, California
Key Metrics
Founded Year
2011
Location
Laguna Hills, United States
Stage
Public
Total Funding
$72.1M in 7 rounds
Latest Funding Round
Ranked
Employee Count
52 as on Apr 30, 2026
Similar Companies
Exit Details
Public

Adagio Medical's IPO details

Adagio Medical got listed on Aug 01, 2024.
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Adagio Medical's funding and investors

Adagio Medical has raised a total funding of $72.1M over 7 rounds. Its first funding round was on Mar 28, 2013. Adagio Medical has 5 institutional investors.

Here is the list of recent funding rounds of Adagio Medical:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 17, 2025
8983136
Post IPO
5322450
8837355
7931518
7614971
Nov 08, 2022
1432812
Conventional Debt
1042346
1534214
5655745
7550501
Nov 12, 2020
7859814
Series E
8863028
6671896
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Adagio Medical's founders and board of directors

Founder? Claim Profile
The founders of Adagio Medical is Olav Bergheim.
Here are the details of Adagio Medical's key team members:

Adagio Medical's Board of Directors

Adagio Medical's board has 9 active members. Jamie Cox, Michael Zhao, Olav Bergheim, Tuan Huynh, Andrew Wade, Zach Scheiner, Hugh Neuharth, OLAV B. BERGHEIM and Olav B Bergheim are independent board members.
Here is the list of Adagio Medical's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
9y 1m
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Independent board member
-
Current
2y 1m
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Independent board member
-
Current
3y 8m
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Independent board member
-
Current
4y 6m
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Independent board member
-
Current
2y 7m
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Independent board member
-
Current
2y 4m
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Independent board member
-
Current
2y 5m
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Independent board member
-
Current
9y 8m
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Independent board member
-
Current
9y 4m

Adagio Medical's employee count trend

Adagio Medical has 52 employees as of Apr 26. Here is Adagio Medical's employee count trend over the years:
Employee count trend for Adagio Medical
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Adagio Medical's Competitors and alternates

Top competitors of Adagio Medical include Imricor, SwiftSync and Endosense. Here is the list of Top 10 competitors of Adagio Medical, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Adagio Medical
Adagio Medical
2011, Laguna Hills (United States), Public
Stealth mode startup developing cardiovascular therapies
$72.1M
60/100
2nd
Logo for Imricor
Imricor
2006, Burnsville (United States), Public
Developer of magnetic resonance imaging compatible electrophysiology tools for the treatment of cardiac arrhythmias
$9.1M
 
53/100
3rd
Logo for SwiftSync
SwiftSync
2021, Miami (United States), Series A
Developer of a medical device for temporary A-V sequential pacing catheter
$5M
48/100
4th
Logo for Endosense
Endosense
2003, Meyrin (Switzerland), Acquired
Developer of catheter ablation technology for cardiac arrhythmias
$80.6M
45/100
5th
Logo for Ablation Frontiers
Ablation Frontiers
2004, Carlsbad (United States), Acquired
Global healthcare technology company providing innovative medical devices and therapies
$21.8M
32/100
6th
Logo for Aqua Heart
Aqua Heart
2018, Santa Ana (United States), Seed
Provider of revolutionary atrial fibrillation therapy solutions
$2.58M
-
29/100
7th
Logo for Antec Medical Technology
Antec Medical Technology
2017, Shanghai (China), Series C
Developer of electrophysiology platform technology and cryoablation devices for cardiac treatment
-
24/100
8th
Logo for DC Medical
DC Medical
2018, Seoul (South Korea), Deadpooled
Developer of biomimetic mesh and pre-mature birth diagnostic kit
-
23/100
9th
Logo for Vimecon
Vimecon
2005, Herzogenrath (Germany), Funding Raised
Developer of laser-based catheters for the treatment of heart diseases
-
23/100
10th
Logo for Epicardial Technologies
Epicardial Technologies
San Clemente (United States), Unfunded
Developer of catheter-based ablation of common heart rhythm abnormalities
-
-
16/100
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Adagio Medical's Investments and acquisitions

Adagio Medical has made no investments or acquisitions yet.

News related to Adagio Medical

lockFilter this list
Media has covered Adagio Medical for a total of 15 events in the last 1 year, 5 of them have been about company updates and 3 about people movement.
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