When was Medivance founded?

Medivance was founded in 1998 and raised its 1st funding round 3 years after it was founded.

Where is Medivance located?

Medivance is headquartered in Louisville, United States.

How many employees does Medivance have?

As of May 31, 2026, the latest employee count at Medivance is 50.

Is Medivance a funded company?

Medivance is a funded company, having raised a total of $59.2M across 5 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jun 18, 2001.

When was the latest funding round of Medivance?

Medivance's latest funding was a $***** Series D round on Jul 09, 2009, with participation from 0 investor.

Where does Medivance rank among its competitors?

Medivance ranks 9th amongst 79 active competitors, of which 25 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Ethypharm, which secured $557K in Dec, 2023.

Who are the top competitors of Medivance?

Medivance's top competitors include ZOLL AEDs, InnAccel and vTitan. Among them, Ethypharm secured the most recent funding round in December, 2023.

Medivance - 2026 Company Profile, Team, Funding & Competitors

Q: Is Medivance an acquired company?

Medivance got acquired by CR Bard on Oct 25, 2011.

Medivance is an acquired company based in Louisville (United States), founded in 1998 by Robert Kline. It operates as a Non-invasive Temperature Management System. Medivance has raised $59.2M in funding from Camden Partners and Cross Atlantic Capital Partners. The company has 79 active competitors, including 25 funded and 12 that have exited. Its top competitors include companies like ZOLL AEDs, InnAccel and vTitan.

Company Details

Medivance specializes in the field of therapeutic hypothermia. They have developed the Arctic Sun 5000 Temperature Management System which allows physicians to manage and maintain a patient's temperature between 32 to 38.5 degree Celsius using the ArcticGel Pads applied to the patient's body. The physician can monitor and set temperature noninvasively through a touch screen interface that guides therapy.

Key Metrics

Founded Year

1998

Location

Louisville, United States

Stage

Acquired

Total Funding

$59.2M in 5 rounds

Latest Funding Round

Series D, Jul 09, 2009, $*****

Investors

Camden Partners & 6 more

Ranked

9^th among 79 active competitors

Employee Count

50 as on May 31, 2026

Similar Companies

ZOLL AEDs & 103 more

Exit Details

Acquired by CR Bard (Oct 25, 2011)

View Medivance's full profile

Medivance is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MEDIVANCE INC CIN: 841462606 , United States, Active	Dec 31, 1997	-	26 (As on Dec 31, 2018)	-

Medivance got acquired by CR Bard on Oct 25, 2011 at an acquisition amount of $*****.

Click here to take a look at Medivance's acquisition in detail

Medivance has raised a total funding of $59.2M over 5 rounds. Its first funding round was on Jun 18, 2001. Medivance has 7 institutional investors.

Here is the list of recent funding rounds of Medivance:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 09, 2009	4917258	Series D	8019586	9278303	3147309	9299768
Jul 26, 2007	2005988	Series D	8216016	3312212	5776553	Camden Partners & 3 more
Jan 09, 2007	8309591	Conventional Debt	2761512	9488372	6330747	8298611

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View details of Medivance's funding rounds and investors

The founders of Medivance is Robert Kline.

Here are the details of Medivance's key team members:

Robert Kline: Former Co-Founder, CEO & President of Medivance.

View details of Medivance's Founder profiles and Board Members

Medivance's employee count trend

Medivance has 50 employees as of May 26. Here is Medivance's employee count trend over the years:

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Top competitors of Medivance include ZOLL AEDs, InnAccel and vTitan. Here is the list of Top 10 competitors of Medivance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ZOLL AEDs 1983, Chelmsford (United States), Acquired	Developer of medical devices and software solutions for emergency care	-	Nobel Investments, Military Health & 2 others	64/100
2nd	InnAccel 2012, Bengaluru (India), Seed	Developer of medical devices for critical care, obstetrics, and neonatology	$5.84M	Mount Judi Ventures, Acunova Life Sciences ... & 29 others	60/100
3rd	vTitan 2010, Chengalpattu (India), Seed	Manufacturer of a broad range of medical devices used in critical care units of hospitals	$10M	Zoho & 10 others	58/100
4th	Ethypharm 1977, Saint Cloud (France), Acquired	Developer of therapies for the treatment of pain and addiction	$248M	Astorg Partners, Biovail & 7 others	55/100
5th	Allied Medical 1982, Gurugram (India), Early Stage	Manufacturer of anesthesia and hospital equipment	$2.31M	Kabbir Kohil Family Trustes, Krrish Kohn Family Trust ... & 16 others	47/100
6th	Airway Medix 2010, Warsaw (Poland), Public	Developer of medical devices for ventilated patients in intensive care units	-	-	43/100
7th	Clarity Medical 2003, Sahibzada Ajit Singh Nagar (India), Unfunded	Manufacturer of diagnostic medical equipment for hospitals and clinical facilities	-	-	41/100
8th	GlySure 2006, Abingdon (United Kingdom), Series C	Continuous glucose monitoring using optical fluorescence sensor	$24.5M	Morningside, Baxter & 5 others	40/100
9th	Medivance 1998, Louisville (United States), Acquired	Non-invasive Temperature Management System	$59.2M	Camden Partners, Partisan Management Group ... & 5 others	40/100
10th	ART Medical 2009, Netanya (Israel), Series B	Developer of product for ICU based safe enteral nourishment	$27M	Israel Innovation Authority, Grand Challenges	39/100