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Puzzle Medical Devices Inc.

Puzzle Medical Devices Inc.

Private
MontrealHealthcare & Life Scienceshttps://www.puzzlemed.com/

Last Round

Series A

Extension

Apr 8, 2025

Total Funding Raised

$86.48M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Puzzle Medical Devices Inc. is a medical technology company that develops a minimally invasive, modular heart pump designed to support cardiac and renal function in patients with advanced heart failure.

Sector

Healthcare & Life Sciences

Verticals

Medical Devices, Clinical Trials

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

mechanical circulatory supportpercutaneous heart pumpheart failure treatmentminimally invasive surgeryMCScardiovascular deviceheart pumpinterventional cardiologyclinical stage medtechFDA breakthrough devicehemodynamic supportcath lab equipmentmedical device startup

Historical Pricing

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Caplight Momentum Score

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Puzzle Medical Devices Inc. Comps

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

Puzzle Medical Devices Inc. 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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Puzzle Medical Devices Inc. Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series A ExtensionApr 8, 2025
Series A ExtensionMar 1, 2025
Series AFeb 9, 2023
GrantSep 19, 2022
SeedJan 24, 2022
Convertible Debt
Feb 8, 2021

Key People

Founding team and executive leadership

Francois Trudeau

Co-Founder CTO

Founding Team

Jade Doucet-Martineau

Co-Founder And CEO

Founding Team

Zainab Schwartz

Chief Financial Officer

Executive Team

Puzzle Medical Devices Inc. Investors

Notable investors and investment history

Puzzle Medical Devices Inc. investors
InvestorRounds
asterXSeed
Kohlberg Kravis RobertsSeries A
Cathexis VenturesSeed
BDC CapitalSeries A Extension, Series A
AQC CapitalSeed, Series A
Desjardins CapitalSeries A, Series A Extension
Anges QuebecSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 20, 2026

    Open roles increased to 38, representing 76% of headcount.

  • Jul 1, 2025

    Team has grown to more than 50 people.

Puzzle Medical Devices Inc. Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Puzzle Medical Devices Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Puzzle Medical Devices Inc.'s valuation, stock price, and market status.

Firmographic Details

HeadquartersMontreal
Employee Range55
Year Founded2018
Last FundingApr 8, 2025

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