CVRx - About the company
CVRx is a public company based in Minneapolis (United States), founded in 2001 by Robert Kieval. It operates as a Developer of implantable technology for hypertension and heart failure. CVRx has raised $394M in funding from investors like Johnson & Johnson Innovation – JJDC, New Enterprise Associates and Thomas Weisel Partners. The company has 99 active competitors, including 58 funded and 13 that have exited. Its top competitors include companies like Impulse Dynamics, CorWave and Element Science.
Company Details
CVRx is a developer of implantable technology for hypertension and heart failure. The product Barostim neo is implanted under the skin, similar to a pacemaker. It then sends signals to the body's cardiovascular regulators to improve cardiac and vascular function by restoring sympathovagal balance through activation of the afferent and efferent pathways of the autonomic nervous system. The product is CE marked and approved for sale in Europe for both indications.
- Website
- cvrx.com
- Registered Address
- Minneapolis, Minnesota
Key Metrics
Founded Year
2001
Location
Minneapolis, United States
Stage
Public
Total Funding
$394M in 10 rounds
Latest Funding Round
Investors
Ranked
1st among 99 active competitors
Employee Count
258 as on Sep 30, 2026
Similar Companies
Exit Details
Public
Legal entities associated with CVRx
CVRx is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CVRX, INC. CIN: 411983744 , United States, Active | Dec 31, 2000 | - | 194 (As on Dec 31, 2024) | - |
CVRx's IPO details
CVRx got listed on Jun 30, 2021.
Click here to take a look at CVRx's IPO in detail
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CVRx's funding and investors
CVRx has raised a total funding of $394M over 10 rounds. Its latest funding round was a Series F round on Jul 07, 2020 for $*****. 8 investors participated in its latest round. CVRx has 22 institutional investors.
Here is the list of recent funding rounds of CVRx:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 07, 2020 | 6604407 | Series F | 7872739 | 5816598 | 8585719 | 5260366 |
May 31, 2019 | 6757037 | Series F | 4078825 | 8781492 | 2484652 | |
Aug 09, 2016 | 8664070 | Conventional Debt | 6825595 | 3237657 | 7739372 |
View details of CVRx's funding rounds and investors
CVRx's founders and board of directors
Founder? Claim ProfileThe founders of CVRx is Robert Kieval.
Here are the details of CVRx's key team members:
- Robert Kieval: Former Founder of CVRx.
View details of CVRx's Founder profiles and Board Members
CVRx's employee count trend
CVRx has 258 employees as of Sep 26. Here is CVRx's employee count trend over the years:
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CVRx's Competitors and alternates
Top competitors of CVRx include Impulse Dynamics, CorWave and Element Science. Here is the list of Top 10 competitors of CVRx, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CVRx 2001, Minneapolis (United States), Public | Developer of implantable technology for hypertension and heart failure | $394M | 67/100 | |
2nd | Impulse Dynamics 1998, Marlton (United States), Series F | Provider of implantable device for treatment of chronic heart failure | $685M | 64/100 | |
3rd | Developer of implantable blood pumps for the treatment of heart failure | $127M | 61/100 | ||
4th | Element Science 2013, San Francisco (United States), Series C | Wearable therapeutic device for treating sudden cardiac arrest | $193M | 61/100 | |
5th | SynCardia 2001, Tucson (United States), Public | Artificial heart | $72M | 60/100 | |
6th | Restore Medical 2016, Tel Aviv (Israel), Series B | Catheter-delivered implant for treatment of congestive heart failure | $32M | 57/100 | |
7th | Developer of an implantable cardiovascular device for treating heart failures | $51.9M | 57/100 | ||
8th | Reprieve Cardiovascular 2018, Milford (United States), Series B | Developer of decongestion management solution for acute decompensated heart failure patients | $150M | 55/100 | |
9th | Procyrion 2005, Houston (United States), Series E | Developing percutaneous mechanical circulatory support for heart failure and cardiorenal syndrome | $114M | 54/100 | |
10th | Berlin Heals 2010, Zug (Switzerland), Series B | Developer of a microcurrent device for heart failure treatment. This device is a novel cardiac implant that provides a minimal electrical direct current to the heart, promoting reverse remodeling of cardiac muscle tissue. The treatment has shown rapid improvements in heart function, size, and quality of life in clinical studies. The device is easily implantable and requires no additional medication or follow-up procedures. The company is currently conducting clinical studies to obtain regulatory approvals. | $34.6M | 51/100 |
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CVRx's Investments and acquisitions
CVRx has made no investments or acquisitions yet.
Reports related to CVRx
Here is the latest report on CVRx's sector:
News related to CVRx
Media has covered CVRx for a total of 17 events in the last 1 year, 3 of them have been about company updates and 3 about people movement.
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Hagens Berman Investigates CVRx Inc. (CVRX) for Potential Securities Fraud After Stock Plummets 59%PR Newswire•Oct 01, 2026•CVRx
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Hagens Berman Investigates CVRx Inc. (CVRX) for Potential Securities Fraud After Stock DropPR Newswire•Aug 15, 2026•CVRx, Hagens Berman Sobol Shapiro, Suja Life, Pomerantz
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CVRx Announces Humana Medicare Advantage Coverage Policy for Barostim TherapyGlobeNewswire•May 14, 2026•CVRx
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Pomerantz Law Firm Investigates Claims On Behalf of Investors of CVRx, Inc.Benzinga•Feb 03, 2026•Pomerantz, CVRx
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