TyRx - About the company
TyRx is an acquired company based in Monmouth Junction (United States), founded in 1998 by Jeffrey Wolf. It operates as an Antibacterial envelopes for cardiac implants. TyRx has raised $70.8M in funding from HLM Venture Partners and MemorialCare Innovation Fund. The company has 71 active competitors, including 23 funded and 21 that have exited. Its top competitors include companies like AtaCor Medical, EBR Systems and AtriCure.
Company Details
TYRX Antibacterial Envelopes help stabilize Cardiac Implantable Devices (CIEDs) while also helping to reduce Surgical Site Infections (SSIs) such as Pacemaker Pocket Infection. The company was acquired by Medtronic in 2014.
Key Metrics
Founded Year
1998
Location
Monmouth Junction, United States
Stage
Acquired
Total Funding
$70.8M in 9 rounds
Latest Funding Round
Investors
Ranked
7th among 71 active competitors
Employee Count
19 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Medtronic (Jan 06, 2014)
Legal entities associated with TyRx
TyRx is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TYRX, INC CIN: 200096267 , United States, Active | - | 42 (As on Dec 31, 2022) | - |
TyRx's acquisition details
Click here to take a look at TyRx's acquisition in detail
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TyRx's funding and investors
TyRx has raised a total funding of $70.8M over 9 rounds. Its first funding round was on Aug 2004. Its latest funding round was a Series C round on May 15, 2013 for $*****. 1 investor participated in its latest round. TyRx has 8 institutional investors.
Here is the list of recent funding rounds of TyRx:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 15, 2013 | 9708536 | Series C | 7809327 | 7847300 | 3282168 | 1215006 |
Jan 02, 2013 | 5336140 | Series C | 4515152 | 8794069 | 8286424 | 6351496 |
Feb 10, 2012 | 8846243 | Series C | 3131550 | 6862633 | 1282636 | 2163541 |
View details of TyRx's funding rounds and investors
TyRx's founders and board of directors
Founder? Claim ProfileThe founders of TyRx is Jeffrey Wolf.
Here are the details of TyRx's key team members:
- Jeffrey Wolf: Former Co-Founder & Chairman of TyRx and founder of 6 other companies, including NightHawk Biosciences, Seed-One Ventures and GenerationOne. Contact Info: 2 email addresses
- Robert White: CEO of TyRx.
View details of TyRx's Founder profiles and Board Members
TyRx's employee count trend
TyRx has 19 employees as of Jul 26. Here is TyRx's employee count trend over the years:
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TyRx's Competitors and alternates
Top competitors of TyRx include AtaCor Medical, EBR Systems and AtriCure. Here is the list of Top 10 competitors of TyRx, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AtaCor Medical 2014, San Clemente (United States), Series D | Transforming cardiac rhythm management with innovative extravascular pacing and defibrillation solutions | $137M | 64/100 | |
2nd | EBR Systems 2003, Sunnyvale (United States), Public | Revolutionizing cardiac rhythm management with leadless pacing technology for heart failure | $180M | 60/100 | |
3rd | AtriCure 2000, Mason (United States), Public | Medical device company focused on atrial fibrillation and pain management | - | 59/100 | |
4th | CardioFocus 1990, Marlborough (United States), Series E | Endoscopically guided catheter for ablation | $261M | 58/100 | |
5th | CathVision 2013, Copenhagen (Denmark), Series B | Provider and developer of an AI-based cardiac ablation therapy software and device | $36.1M | 57/100 | |
6th | Kestra Medical Technologies 2014, Kirkland (United States), Public | Device to protect and support patients at risk of cardiovascular disorders | $196M | 54/100 | |
7th | TyRx 1998, Monmouth Junction (United States), Acquired | Antibacterial envelopes for cardiac implants | $70.8M | 47/100 | |
8th | Cameron Health 2001, San Clemente (United States), Acqui-Hired | Subcutaneous Implantable Defibrillator | $158M | 45/100 | |
9th | nContact Surgical 2005, Morrisville (United States), Acquired | Cardiac ablation technology | $53.2M | 45/100 | |
10th | Append Medical 2016, Or Yehuda (Israel), Series A | Developer of a device for the left atrial appendage closure system | $11.8M | 45/100 |
Looking for more details on TyRx's competitors? Click here to see the top ones
TyRx's Investments and acquisitions
TyRx has made no investments or acquisitions yet.
Reports related to TyRx
Here is the latest report on TyRx's sector:
News related to TyRx
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TYRX Neuro Absorbable Antibacterial Envelopes Cleared for Use with Implantable Neurostimulators in U.S.Medgadget•Oct 09, 2015•TyRx
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CE Mark and European Launch of Medtronic TYRX Absorbable Antibacterial Envelope for ICDsMedgadget•Sep 23, 2014•TyRx
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TYRX Receives FDA Clearance for Fully Resorbable AIGISRx® R Antibacterial Envelopeeplabdigest.com•Aug 08, 2013•TyRx
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TYRX Announces First U.S. Implantation Of AIGISRx® R Fully Bioresorbable Antibacterial EnvelopeRadcliffe Cardiology•Aug 08, 2013•TyRx
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MemorialCare Innovation Fund Invests in TYRX for Novel Technology to Reduce Surgical Site Infectionscathlabdigest.com•Jun 04, 2013•TyRx, MemorialCare Innovation Fund
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TYRX® Announces First Ever Implantation Of AIGISRx® R Fully Resorbable Antibacterial EnvelopeBiocompare•Apr 16, 2013•TyRx
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