AtaCor Medical

AtaCor Medical

Approved
San Clemente, United StatesFounded 2015atacor.com

AtaCor Medical is committed to transforming cardiac rhythm management by developing extravascular lead and deployment systems that preserve the integrity of the heart and vasculature. The company's core innovation is a parasternal lead system designed to work with commercially available ICDs, offering a potentially safer alternative to transvenous and subcutaneous ICDs. Led by a seasoned team with deep experience in cardiac rhythm management, including veterans from the S-ICD development, AtaCor is backed by a syndicate of leading life science venture capital firms and is advancing its technology through clinical development.

Founded
2015
Focus
Medical Devices

AI Company Overview

AtaCor Medical is committed to transforming cardiac rhythm management by developing extravascular lead and deployment systems that preserve the integrity of the heart and vasculature. The company's core innovation is a parasternal lead system designed to work with commercially available ICDs, offering a potentially safer alternative to transvenous and subcutaneous ICDs. Led by a seasoned team with deep experience in cardiac rhythm management, including veterans from the S-ICD development, AtaCor is backed by a syndicate of leading life science venture capital firms and is advancing its technology through clinical development.

Technology Platform

A parasternal extravascular lead placement platform designed to deliver defibrillation and antitachycardia pacing therapy from outside the heart and vasculature, compatible with commercially available implantable cardioverter-defibrillator (ICD) generators.

Funding History

3

Total raised: $35M

Series A$20MUndisclosedSep 15, 2022
Seed$5MUndisclosedJun 15, 2021
Series A$10MUndisclosedSep 15, 2020

Opportunities

The primary growth opportunity lies in capturing market share in the multi-billion dollar ICD market by offering a safer, extravascular solution that provides the full therapeutic capability (defibrillation + ATP) missing from current subcutaneous options.
Success could also open doors in adjacent cardiac pacing markets.

Risk Factors

Key risks include failure to demonstrate clinical efficacy and safety in pivotal trials, technical challenges in delivering reliable pacing from an extravascular location, and the significant commercial hurdle of displacing entrenched transvenous ICD systems despite potential clinical benefits.

Competitive Landscape

Main competitors are the dominant transvenous ICD manufacturers (Medtronic, Abbott, Boston Scientific) and Boston Scientific's subcutaneous ICD (S-ICD). AtaCor aims to differentiate by providing an extravascular system capable of both defibrillation and antitachycardia pacing, a combination not currently available outside the transvenous approach.

Company Info

TypeMedical Devices
Founded2015
LocationSan Clemente, United States
StageApproved
RevenuePre-revenue

Contact

Therapeutic Areas

CardiologyCardiac Rhythm Management
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