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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
Social
Facebook
Registered Address
Minneapolis, Minnesota
Key Metrics
Founded Year
2001
Location
Minneapolis, United States
Stage
Public
Total Funding
$394M in 10 rounds
Latest Funding Round
Ranked
Annual Revenue
$50M - $100M as on Dec 31, 2025
Employee Count
252 as on Jun 30, 2026
Similar Companies
Exit Details
Public

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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 07, 2020
4685596
Series F
2305538
3805712
2457000
7044198
May 31, 2019
2639384
Series F
8070255
2033105
2868379
Aug 09, 2016
3611499
Conventional Debt
6339452
2761160
7348806
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CVRx's founders and board of directors

Founder? Claim Profile
The founders of CVRx is Robert Kieval.
Here are the details of CVRx's key team members:

CVRx's employee count trend

CVRx has 252 employees as of Jun 26. Here is CVRx's employee count trend over the years:
Employee count trend for CVRx
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CVRx
CVRx
2001, Minneapolis (United States), Public
Developer of implantable technology for hypertension and heart failure
$394M
68/100
2nd
Logo for Impulse Dynamics
Impulse Dynamics
1998, Marlton (United States), Series F
Provider of implantable device for treatment of chronic heart failure
$685M
64/100
3rd
Logo for CorWave
CorWave
2011, Paris (France), Series C
Developer of implantable blood pumps for the treatment of heart failure
$127M
61/100
4th
Logo for Element Science
Element Science
2013, San Francisco (United States), Series C
Wearable therapeutic device for treating sudden cardiac arrest
$193M
61/100
5th
Logo for SynCardia
SynCardia
2001, Tucson (United States), Public
Artificial heart
$72M
60/100
6th
Logo for Restore Medical
Restore Medical
2016, Tel Aviv (Israel), Series B
Catheter-delivered implant for treatment of congestive heart failure
$32M
58/100
7th
Logo for InterShunt Technologies
InterShunt Technologies
2015, Louisiana (United States), Series B
Developer of cardiac catheter for the treatment of cardiac diseases
$26.6M
57/100
8th
Logo for FineHeart
FineHeart
2010, Pessac (France), Series C
Developer of an implantable cardiovascular device for treating heart failures
$51.9M
57/100
9th
Logo for Corvia Medical
Corvia Medical
2009, Tewksbury (United States), Acquired
Developer of transcatheterally shunt for treating diastolic heart failure disease
$160M
57/100
10th
Logo for Reprieve Cardiovascular
Reprieve Cardiovascular
2018, Milford (United States), Series B
Developer of decongestion management solution for acute decompensated heart failure patients
$150M
56/100
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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 geography:

News related to CVRx

lockFilter this list
Media has covered CVRx for a total of 12 events in the last 1 year, 6 of them have been about company updates.
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FAQs about CVRx

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