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Corindus logo — Designing and manufacturing advanced robotic systems for rem...

Corindus

Designing and manufacturing advanced robotic systems for remote interventional procedures since 2002.

Founded 2001 Post-IPO Equity Total: $232.92M Manufacturing, Medical Devices +1

General Information

Company Name Corindus
Founded Year 2001
Industries Manufacturing, Medical Devices, Robotics
Funding Stage Post-IPO Equity
Social

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About Corindus

Corindus is a company specializing in the development, production, and marketing of remote robotic systems for interventional procedures. Since its founding in 2002, the company has been committed to designing and manufacturing advanced robotic systems, including the innovative CorPath system. This system enables physicians to conduct catheterization procedures remotely, reducing their exposure to radiation. Based in Waltham, Massachusetts, the company operates within the manufacturing, medical devices, and robotics industries. In February 2019, Corindus secured a noteworthy $19.50 million in post-IPO equity investment. This financial backing was provided by BioStar Capital and Hudson Executive Capital, both prominent investors in the healthcare and technology sectors. This funding is indicative of the confidence investors have in Corindus' robotic systems and their potential impact on the interventional medicine market.

Business keywords: Medical Robotics, Interventional Procedures, Remote Catheterization, Robotics Technology, Healthcare Innovation, Radiation Safety, Minimally Invasive Surgery, Interventional Cardiology, Remote Interventional Procedures

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Equity $19.50M 2
BioStar Capital Hudson Executive Capital
BioStar Capital, Hudson Executive Capital
26 Feb 2019
Post IPO Equity $30.00M -
31 Aug 2018
Post IPO Equity $25.00M 2
BioStar Capital Hudson Executive Capital
BioStar Capital, Hudson Executive Capital
16 Mar 2018
Post IPO Debt $23.00M 2
Solar capital, Silicon Valley Bank
16 Mar 2018
Post IPO Equity $45.00M 1
BioStar Capital
BioStar Capital
28 Feb 2017
Post IPO Equity $41.80M -
26 May 2015
Post IPO Equity $26.60M -
12 Sep 2014
Debt Financing $4.70M -
20 Nov 2009
Series C $5.32M -
18 Nov 2009
Series B $12.00M 7
BioStar Capital Consonance Capital Hudson Executive Capital
BioStar Capital, Consonance Capital +5
14 Apr 2008

Corindus Alternatives & Competitors

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Corindus vs
XACT Robotics
XACT Robotics Israel

EXACTLY on target. Every time.

Series D
22 employees
Design, Information Technology
Corindus vs
Blueneem Medical Devices Pvt Ltd
Blueneem Medical Devices Pvt Ltd India

Blueneem is a Leader in Design, Development and End-to-end Manufacturing of Minimally-invasive Medic...

81 employees
Health Care, Manufacturing
Corindus vs
NeoGuide Systems
NeoGuide Systems

Pioneering robotic endoscopic technology for seamless access to abdominal and thoracic cavities.

Series C
Health Care, Medical Devices
View all alternatives

FAQ About Corindus

Designing and manufacturing advanced robotic systems for remote interventional procedures since 2002.
Corindus was founded in 2001.
Corindus operates in Manufacturing, Medical Devices and Robotics. Its work centres on Medical Robotics, Interventional Procedures, Remote Catheterization and Robotics Technology.
Corindus has completed 10 funding rounds, raising a total of $232.92M. The latest funding stage is Post-IPO Equity.
Top alternatives and competitors to Corindus include XACT Robotics, Blueneem Medical Devices Pvt Ltd, NeoGuide Systems, F.MED, Andromeda Surgical. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Corindus and XACT Robotics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Corindus, https://bouncewatch.com/company/corindus, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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