Ancora Heart

Medical Devices & EquipmentSeries ISanta Clara, USancoraheart.com

Latest round

Series I

Last raised

Jun 2021

Total raised

$110M

Investors

5

About Ancora Heart

Ancora Heart, Inc. specializes in developing therapeutics for heart failure.Ancora Heart primarily offers the AccuCinch Ventricular Restoration System, an innovative therapeutic device aimed at patients suffering from heart failure, specifically congestive heart failure (CHF). This device has received Breakthrough Device Designation from the FDA and is designed to enhance patients' quality of life by addressing common heart failure symptoms such as extreme fatigue and difficulty breathing. The AccuCinch system works by initiating reverse remodeling in the heart, particularly for those with heart failure with reduced ejection fraction (HFrEF). The primary end-users of the AccuCinch system are patients who have exhausted other treatment options, while healthcare providers also play a critical role in administering this investigational therapy.The revenue model for Ancora Heart centers around the AccuCinch Ventricular Restoration System, which is classified as an investigational device. Given its status, the company engages in clinical investigations where the system is made available to patients participating in trials, rather than commercial sales. Ancora Heart utilizes a structured transaction framework that may involve partnerships with healthcare institutions and direct engagement with medical professionals to facilitate patient enrollment in clinical studies.In June 2021, Ancora Heart, Inc. Future product launches and strategic initiatives are intended to enhance the company's portfolio in cardiac therapies.

Who invested in Ancora Heart

5 investors across 2 rounds

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Funding rounds

  1. Series I

    Jun 18, 2021

    Amount

    $80M

    Investors

    Locked

  2. Series D

    Apr 28, 2010

    Amount

    $30M

    Investors

    Locked

Questions about Ancora Heart

Who invested in Ancora Heart?

Ancora Heart has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ancora Heart raised?

Ancora Heart has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Ancora Heart last raise money?

Ancora Heart's most recent round on record is a Series I, in Jun 2021.

What does Ancora Heart do?

Ancora Heart is a medical devices & equipment company.

Where is Ancora Heart headquartered?

Ancora Heart is headquartered in Santa Clara, US.

Which VCs invest in companies like Ancora Heart?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Ancora Heart's stage. Their profiles are linked below.

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