CroiValve

CroiValve

Galway, Ireland· Est.
Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $25.5M

Overview

CroíValve is a private, clinical-stage medical device company targeting the significant unmet need in tricuspid regurgitation (TR). The company's core innovation is the DUO™ System, a transcatheter device engineered to coapt with the native valve leaflets, aiming to offer a simpler, more anatomical solution compared to existing repair or replacement approaches. With a seasoned leadership team combining clinical, technical, and commercial expertise, CroíValve is advancing its technology through clinical studies. The company operates in a high-growth potential market but faces competition and the inherent risks of device development and regulatory pathways.

Cardiovascular

Technology Platform

Transcatheter coaptation assistance device for the tricuspid valve, designed to work with native anatomy rather than replacing it.

Funding History

2
Total raised:$25.5M
Series A$22M
Seed$3.5M

Opportunities

The tricuspid regurgitation market is large, underserved, and in early stages of transcatheter therapy adoption.
CroíValve's novel coaptation assistance approach could differentiate it from repair and replacement technologies, addressing a wider range of anatomies.
Successful clinical validation could position the company as an attractive partner or acquisition target for major cardiovascular medtech firms.

Risk Factors

The company faces significant clinical trial risk, as the novel DUO System must prove safe and effective in heterogeneous tricuspid anatomies.
It competes against well-funded incumbents and other startups in a rapidly evolving field.
As a single-product, pre-revenue company, it is highly dependent on successful fundraising and achieving regulatory milestones.

Competitive Landscape

The transcatheter tricuspid intervention space is competitive and includes large players like Abbott (TriClip), Edwards Lifesciences (EVOQUE, Pascal), and Boston Scientific, alongside other startups. CroíValve's key differentiation is its coaptation assistance mechanism, which is distinct from leaflet repair (TEER) or valve replacement (TTVR) technologies, potentially offering a middle-ground solution.