United States · Medical devices startup

Cirtec Medical

Cirtec Medical is a leading outsource partner specializing in the design, development, manufacturing, and assembly of complex Class II and Class III medical devices.

Funding reportedLast round: Private equity

Medical devicesBrooklyn Park, United States

About Cirtec Medical

Cirtec Medical is a leading outsource partner specializing in the design, development, manufacturing, and assembly of complex Class II and Class III medical devices.

Founded in 1987 and headquartered in Brooklyn Park, Minnesota, the company focuses on active implantable devices and minimally invasive solutions. With over 300,000 square feet of ISO 13485-certified manufacturing space across the United States, Europe, and Costa Rica, Cirtec employs between 1,001 and 5,000 people. The company offers comprehensive services from initial concept through to commercialization. Its capabilities include program management, design and development, clinical and regulatory support, and precision manufacturing of devices such as catheter delivery systems and coronary stents. Cirtec serves original equipment manufacturers (OEMs) and startups, providing support throughout the development cycle to accelerate innovation and bring life-enhancing therapies to market efficiently. With a strong reputation in active implantable device development and precision component manufacturing, Cirtec Medical is a trusted partner for clients in the cardiovascular, neurostimulation, and orthopedic markets.

What company datasets say Cirtec Medical raised

Funding, as reported

Reported in all$136Min dollars
Rounds1
Last roundPrivate equity
Last round size$136M
Last round dateJul 2017
Investors listed1

Founders and team

From Cirtec Medical's own website: 6 on the team.

  • Shar MatinChief Executive Officer
  • Michael SchnabelVice President of Quality Assurance and Regulatory Affairs
  • Ed PhilbinChief Financial Officer
  • Brad WombleSenior Director, Business Development & Strategy
  • Cirtec MedicalBoard of Directors
  • Robert McCormackGeneral Counsel & Corporate Secretary

On 2 portfolio pages

Investors who name them

Each firm lists Cirtec 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

coil windinghealth caredevice miniaturizationactive implantsproduct designfda registeredhermetic sealingneurostimulationsilicone elastomerscustom componentsdistributionmanufacturingdesign and developmenttime-to-market accelerationasicsprecision metals

Built with from their website

CS CartSalesforce Marketing Cloud Account EngagementResiDocuSignGitAmazon SESGoogle Tag ManagerCheck Point CloudGuard Harmony ConnectEnsiAmazon CloudFront

+8 more

CaliperTSYSSoftcat PlcLessANSSigmaWordPress.orgIQMS

Sector
Medical devices
Industry code
NAICS 339112, 334510, SIC 3845, 3841
Region
Minnesota
Part of
3i Group plc
Revenue
$58M a year, as listed
Full record
Every detail in the company directory

Medical devices in United States

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