United States · Medical devices startup

Alleviant Medical

Alleviant Medical is a medical device company based in Austin, Texas, founded in 2017.

Funding reportedLast round: Undisclosed round

Medical devicesAustin, United States

About Alleviant Medical

Alleviant Medical is a medical device company based in Austin, Texas, founded in 2017.

The company focuses on developing minimally invasive therapies for chronic heart failure, specifically through its Alleviant System, a no-implant interatrial shunt system designed to relieve pressure in the left atrium. This innovative device aims to provide symptom relief for patients suffering from congestive heart failure, including those with preserved ejection fraction. Currently in the clinical stage, Alleviant Medical is conducting global pivotal trials to validate the benefits of its system. The company has received FDA Breakthrough Device Designation and IDE approval for its investigational device, which is not yet commercially available. With approximately $189 million in funding and a dedicated team of around 38 employees, Alleviant Medical is committed to addressing the unmet needs of patients with heart failure through its advanced interventional therapies.

What company datasets say Alleviant Medical raised

Funding, as reported

Reported in all$90Min dollars
Rounds5
Last roundUndisclosed round
Last round size$90M
Last round dateJan 2023
Investors listed10
SEC Form D$155M sold, 5 filings, last Jan 2025

On a portfolio page

Investors who name them

Each firm lists Alleviant Medical on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

health careallay-hfreffda clinical trialsstructural hearthfrefchronic heart failurelong-term durabilityinteratrial shuntpressure reductionheart failure therapyhfmrefleft atrial pressurehealthcareearly clinical outcomesclinical investigationheart failure symptoms

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Sector
Medical devices
Industry code
NAICS 33911, SIC 3845, 3841
Region
Texas
Revenue
$4.5M a year, as listed
Full record
Every detail in the company directory

Medical devices in United States

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