CorAssist Cardiovascular Ltd.

The Only Passive Assist Device to treat HFpEF

General Information
Company Name
CorAssist Cardiovascular Ltd.
Founded Year
2003
Location (Offices)
Israel +1
Founders / Decision Makers
Number of Employees
1
Industries
Health Care
Funding Stage
Grant
Social Media

CorAssist Cardiovascular Ltd. - Company Profile

CorAssist Cardiovascular Ltd. is a clinical stage medical device company founded in 2003 in Israel, with a mission to develop innovative therapeutic products for treating Heart Failure with preserved Ejection Fraction (HFpEF). The company's flagship product, CORolla®, is a unique elastic self-expanding internal spring-like device implanted inside the left ventricle, aimed at improving cardiac diastolic function. This breakthrough technology offers significant potential in addressing a critical unmet need in the realm of cardiovascular health. Additionally, their first product, ImCardia®, is designed to enhance diastolic dynamics and filling performance with a straightforward off-pump procedure. In November 2018, CorAssist received a significant €71.43K grant investment from EASME - EU Executive Agency for SMEs, highlighting the recognition and support from prominent stakeholders in the European Union. The company's pioneering approach in combating HFpEF presents an exciting opportunity for investors seeking to engage with cutting-edge solutions in the Health Care sector. CorAssist's innovative technologies and strategic advancements position the company as a compelling investment prospect within the thriving landscape of medical device innovation.

Taxonomy: heart failure, diastolic function, therapeutic products, clinical stage, HFpEF treatment, cardiac implantation, transapical procedure, percutaneous procedure, implantable devices, clinical technology, left ventricular function, off-pump procedure

Funding Rounds & Investors of CorAssist Cardiovascular Ltd. (3)

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Funding Stage Amount No. Investors Investors Date
Grant €71.43K 1 EASME - EU Executive Agency for SMEs 01 Nov 2018
Venture Round $4.80M - 01 Feb 2012
Venture Round $5.25M 3 Argonaut Ventures 01 Mar 2009

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