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NeoChord

NeoChord

Private
Maple Grove, MinnesotaHealthcare & Life Scienceshttps://www.neochord.com/

Last Round

Convertible Debt

Feb 27, 2025

Total Funding Raised

$70.59M

Company Overview

NeoChord is a medical technology company that develops minimally invasive, beating-heart mitral valve repair tools for patients suffering from mitral valve regurgitation.

Sector

Healthcare & Life Sciences

Verticals

Medical Devices

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

mitral valve repairminimally invasive surgerymitral valve regurgitationstructural hearttransapical repairartificial chordaeoff-pump surgerycardiac surgeryinterventional cardiologykeyhole heart surgeryvalve repair devicemedical device

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Caplight Momentum Score

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NeoChord Comps

Public and private peers based on sector, stage, and business model.

NeoChord comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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NeoChord Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Convertible DebtFeb 27, 2025
Series D ExtensionApr 23, 2019
Series DNov 5, 2018
Series CJun 9, 2015
DebtOct 24, 2013
Debt
Sep 9, 2013

Key People

Founding team and executive leadership

Todd Berg

CEO

Executive Team

Ronald M. Nelson

CFO

Executive Team

Kavitha Ganesan

Chief Operating Officer

Executive Team

NeoChord Investors

Notable investors and investment history

NeoChord investors
InvestorRounds
Deerfield ManagementSeries D Extension, Series C, Series D
Square 1 BankDebt
Heron CapitalSeries A, Series C, Series B
U.S. Venture PartnersSeries D Extension, Series D
Baird CapitalSeries C, Series D
Cedar Point CapitalSeries A
Hopen Life Science VenturesSeries C, Series B

Market signals

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  • Jan 7, 2011

    $2M debt round completed.

NeoChord Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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NeoChord Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersMaple Grove, Minnesota
Employee Range18
Year Founded2007
Last FundingFeb 27, 2025

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