Symetis - About the company
Symetis is an acquired company based in Ecublens (Switzerland), founded in 2001. It operates as a Heart valve replacement devices. Symetis has raised $56.7M in funding from investors like Wellington Partners Venture Capital, Endeavour Vision and Aravis. The company has 113 active competitors, including 51 funded and 29 that have exited. Its top competitors include companies like Shockwave Medical, Cardiac Dimensions and MicroPort CardioFlow Medtech Corporation.
Company Details
Symetis develops minimally invasive heart valve replacement therapies for patients suffering from heart valve diseases. Its proprietary Acurate TA and Acurate neo along with their respective delivery systems are marketed in Europe and other markets. Has manufacturing facilities in Brazil and Switzerland. Puts its planned IPO on hold in late 2015.
Key Metrics
Founded Year
2001
Location
Ecublens, Switzerland
Stage
Acquired
Total Funding
$56.7M in 3 rounds
Latest Funding Round
Investors
Ranked
19th among 113 active competitors
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Boston Scientific (Mar 30, 2017)
Symetis's acquisition details
Symetis got acquired by Boston Scientific on Mar 30, 2017 at an acquisition amount of $*****.
Click here to take a look at Symetis's acquisition in detail
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Symetis's funding and investors
Symetis has raised a total funding of $56.7M over 3 rounds. Its first funding round was on Oct 14, 2004. Its latest funding round was a Series C round on Oct 07, 2010 for $*****. 8 investors participated in its latest round. Symetis has 13 institutional investors.
Here is the list of recent funding rounds of Symetis:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 07, 2010 | 2227803 | Series C | 4590854 | 9217783 | 2281766 | 3768043 |
Jul 02, 2009 | 1097445 | Series B | 8150544 | 6786047 | 2605760 | |
Oct 14, 2004 | 7854691 | Series A | 8435653 | 5572383 |
View details of Symetis's funding rounds and investors
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Symetis's Competitors and alternates
Top competitors of Symetis include Shockwave Medical, Cardiac Dimensions and MicroPort CardioFlow Medtech Corporation. Here is the list of Top 10 competitors of Symetis, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Shockwave Medical 2009, Santa Clara (United States), Acquired | Developer of cardiovascular balloon dilation catheters | $148M | 65/100 | |
2nd | Cardiac Dimensions 2001, Kirkland (United States), Series E | Developer of invasive cardiac implants for heart failure | $261M | 63/100 | |
3rd | MicroPort CardioFlow Medtech Corporation 2015, Pudong (China), Public | Developer of smart medical devices for patients with heart valve diseases | $132M | 63/100 | |
4th | Peijia Medical Technologies 2012, Suzhou (China), Public | Developer of medical devices for the treatment of cardiac and cerebrovascular diseases | $110M | 63/100 | |
5th | JenaValve Technology 2006, Irvine (United States), Acquired | Provider of pericardial transcatheter aortic valve replacement and delivery system | $364M | 62/100 | |
6th | Venus MedTech 2009, Hangzhou (China), Public | Transcatheter aortic valves | $37M | 62/100 | |
7th | Developer of a percutaneous device for treating tricuspid regurgitation | $52.1M | 58/100 | ||
8th | Developer of a minimally invasive tricuspid valve replacement system. This system is designed to treat tricuspid regurgitation, a serious heart condition, without the need for open-heart surgery. The company focuses on developing a safe and effective solution to address the limitations of existing treatment approaches. It is developing a catheter-based system for tricuspid valve replacement. The company's efforts include clinical trials and securing funding to support further development and clinical milestones. | $103M | 58/100 | ||
9th | Foldax 2006, Salt Lake City (United States), Series D | Developer of bio-polymeric heart valves to treat aortic, mitral, and tricuspid valve diseases | $43.7M | 56/100 | |
10th | HighLife Medical 2010, Paris (France), Series B | Developer of trans-catheter mitral valve replacement system | $50.8M | 56/100 | |
19th | Symetis 2001, Ecublens (Switzerland), Acquired | Heart valve replacement devices | $56.7M | 49/100 |
Looking for more details on Symetis's competitors? Click here to see the top ones
Symetis's Investments and acquisitions
Symetis has acquired Middle Peak Medical. Symetis has not made any investments as of now.Reports related to Symetis
Here is the latest report on Symetis's sector:
News related to Symetis
•
Polares Medical raises $25mArawali phosphate•Jul 17, 2018•Polares Medical, Symetis, Boston Scientific, Decheng Capital and 4 others
•
Boston Scientific Closes Symetis AcquisitionBoston Scientific•May 16, 2017•Boston Scientific, SolvAxis, Symetis
•
Symetis and Boston Scientific Reach USD 435 Million Purchase AgreementPR Newswire•Mar 30, 2017•Boston Scientific, Symetis, Neovasc, SolvAxis
•
Symetis Seeks $60m IPO To Make A Splash In Structural HeartStrategic Transactions•Mar 21, 2017•Symetis
•
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