Argá Medtech - About the company
Argá Medtech is a series B company based in Epalinges (Switzerland), founded in 2020 by Randy Werneth. It operates as a Developer of medical devices for treating cardiac arrhythmias. Argá Medtech has raised $58.5M in funding from Earlybird and Advent Life Sciences. The company has 19 active competitors, including 12 funded and 3 that have exited. Its top competitors include companies like Kardium, Galvanize and Field Medical.
Company Details
Developer of medical devices for treating cardiac arrhythmias. The company is developing the next generation of Pulsed Field Ablation and Irreversible Electroporation devices for treating cardiac arrhythmias.
- Website
- argamedtech.com
Key Metrics
Founded Year
2020
Location
Epalinges, Switzerland
Stage
Series B
Total Funding
$58.5M in 1 round
Latest Funding Round
Ranked
7th among 19 active competitors
Employee Count
39 as on Jun 30, 2026
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Argá Medtech's funding and investors
Argá Medtech has raised a total funding of $58.5M over 1 round. Its latest funding round was a Series B round on Feb 27, 2024 for $*****. 3 investors participated in its latest round. Argá Medtech has 3 institutional investors.
Here is the list of recent funding rounds of Argá Medtech:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 27, 2024 | 1984646 | Series B | 7611165 | 3305952 | 5913207 | 8053363 |
View details of Argá Medtech's funding rounds and investors
Argá Medtech's founders and board of directors
Founder? Claim ProfileThe founders of Argá Medtech is Randy Werneth.
Here are the details of Argá Medtech's key team members:
- Randy Werneth: Co-Founder & CTO of Argá Medtech and founder of 2 other companies, Acutus Medical and CryoTherapeutics.
View details of Argá Medtech's Founder profiles and Board Members
Argá Medtech's employee count trend
Argá Medtech has 39 employees as of Jun 26. Here is Argá Medtech's employee count trend over the years:
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Argá Medtech's Competitors and alternates
Top competitors of Argá Medtech include Kardium, Galvanize and Field Medical. Here is the list of Top 10 competitors of Argá Medtech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of ablation device for atrial fibrillation | $471M | 65/100 | ||
2nd | Galvanize 2020, San Carlos (United States), Series C | Developer of pulsed electric field systems for various medical indications | $210M | 58/100 | |
3rd | Field Medical 2022, Encinitas (United States), Series B | Developer of device for the treatment of heart arrhythmia conditions | $89M | 56/100 | |
4th | Pulse Biosciences 2014, Burlingame (United States), Acquired | Developer of a platform technology called Nano-Pulse Electro-Signaling | $8M | 50/100 | |
5th | Pulsecare Medical Technology 2021, Shenzhen (China), Series A | Developer of medical device solutions for heart and vascular care | $14M | 50/100 | |
6th | Affera 2014, Boston (United States), Acquired | Developer of devices to treat heart rhythm disorders | - | 47/100 | |
7th | Argá Medtech 2020, Epalinges (Switzerland), Series B | Developer of medical devices for treating cardiac arrhythmias | $58.5M | 45/100 | |
8th | Farapulse 2014, Menlo Park (United States), Series C | Advanced cardiac ablation solutions for atrial fibrillation treatment | $36.3M | 42/100 | |
9th | EnChannel Medical 2020, Ladera Ranch (United States), Series B | Developer of medical device for cardiac disorders | $110M | 39/100 | |
10th | Developing the device that targets to atrial fibrillation | $2.56M | 34/100 |
Looking for more details on Argá Medtech's competitors? Click here to see the top ones
Argá Medtech's Investments and acquisitions
Argá Medtech has made no investments or acquisitions yet.
Reports related to Argá Medtech
Here is the latest report on Argá Medtech's sector:
News related to Argá Medtech
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Argá Medtech secures €54 million in oversubscribed series BStartupticker•Mar 04, 2024•Argá Medtech, Advent Life Sciences, Earlybird, Gilde Healthcare and 1 other
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Argá Medtech Initiates Trial to Assess Effectiveness of CSE in Patients with Atrial FibrillationMedical Product Outsourcing•Oct 31, 2022•Argá Medtech
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