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§ Private Profile · Santa Rosa, CA, USA
TriVascular is a technology company.
TriVascular has raised $255.0M across 5 funding rounds.
Key people at TriVascular.
TriVascular has raised $255.0M in total across 5 funding rounds.
TriVascular develops minimally invasive endovascular aneurysm repair (EVAR) devices and associated procedures specifically engineered for the treatment of abdominal aortic aneurysms. The company focuses on creating advanced solutions that offer less invasive alternatives to traditional open surgery, aiming to improve patient outcomes for this life-threatening condition. Its technical approach centers on precision-engineered graft systems designed for effective deployment and long-term durability within the challenging aortic anatomy.
The company was co-founded in 1998 by Michael V. Chobotov, Ph.D., alongside Joseph Humphrey and Robert Whirley. Dr. Chobotov, initially serving as President and CEO, later transitioned to Chief Technology Officer. Their founding insight centered on the significant clinical need for improved, less invasive treatment options for aortic aneurysms, leveraging expertise in medical device engineering to innovate within cardiovascular care.
TriVascular’s products serve patients diagnosed with abdominal aortic aneurysms, delivered through vascular surgeons and interventionalists within hospital settings. The company’s long-term vision is to be a leader in advancing the standard of care for aortic repair, continuously developing technologies that enhance patient safety and expand treatment eligibility. It strives to provide innovative, less traumatic solutions that empower medical professionals to address complex cardiovascular challenges effectively.
Key people at TriVascular.
TriVascular Technologies is a medical device company that develops innovative endovascular grafts for aortic repair, specifically targeting abdominal aortic aneurysms (AAA) through minimally invasive endovascular aortic repair (EVAR) procedures.[1][2] Founded in 1998 and headquartered in Santa Rosa, California, it pioneered design and manufacturing technologies to address unmet clinical needs, expanding EVAR candidacy with products like novel grafts and later CustomSeal technology.[1][2][4] The company served physicians and patients requiring AAA treatment, solving challenges in traditional surgery by offering safer, more effective endovascular solutions; it raised $220.67M before being acquired by Endologix in February 2016.[2]
TriVascular was founded in 1998 in Santa Rosa, California, focusing from the outset on advancing EVAR technologies for aortic aneurysms.[1][2] Key early developments included partnerships with leading clinicians worldwide to create novel endovascular grafts that improved upon existing options.[1] Pivotal moments included FDA approvals for products and the introduction of next-generation CustomSeal technology, a biocompatible fill polymer, culminating in its acquisition by Endologix in 2016, which integrated its innovations into a larger vascular disease treatment portfolio.[2][3][4]
TriVascular rode the wave of minimally invasive vascular interventions, capitalizing on the growing demand for EVAR amid rising AAA prevalence and preferences for less traumatic procedures over open surgery.[1][2] Its timing aligned with medtech shifts toward advanced stent grafts and polymers, influencing ecosystem growth by setting benchmarks for aneurysm treatment efficacy and physician training via tools like animations.[3] Market forces like aging populations and procedural adoption favored its grafts, which expanded addressable markets and spurred competitors in aortic repair devices.[2]
Post-2016 acquisition, TriVascular's technologies live on within Endologix, driving ongoing EVAR advancements amid trends like AI-enhanced imaging and bioresorbable materials.[2] Expect evolution toward broader aortic disorders and procedural simulations, amplifying influence in vascular medtech as minimally invasive standards solidify.[3] This legacy underscores how targeted innovation can transform aneurysm care, tying back to its foundational commitment to optimal endovascular solutions.[1]
TriVascular has raised $255.0M in total across 5 funding rounds.
TriVascular's investors include MPM Capital, Pivotal bioVenture Partners, Sofinnova Investments, SR One Capital Management, Deerfield Management, Delphi Ventures, Kaiser Permanente Ventures, Kearny Venture Partners, New Enterprise Associates, Permal Asset Management, Redmile Group, Rock Springs Capital.
TriVascular has raised $255.0M across 5 funding rounds. Most recently, it raised $40.0M Series E in November 2013.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2013 | $40M Series E | — | MPM Capital, Pivotal BioVenture Partners, Sofinnova Investments, SR ONE, Deerfield Management, Delphi Ventures, Kaiser Permanente Ventures, Kearny Venture Partners, NEW Enterprise Associates, Permal Asset Management, Redmile Group, Rock Springs Capital | Announced |
| Jun 1, 2012 | $60M Series D | SAM Brasch, Redmile Group | MPM Capital, Pivotal BioVenture Partners, Sofinnova Investments, SR ONE, Delphi Ventures, Kearny Venture Partners, NEW Enterprise Associates, Pinnacle Ventures | Announced |
| Aug 1, 2010 | $60M Series C | David Kim, MD | MPM Capital, Pivotal BioVenture Partners, Sofinnova Investments, SR ONE, Delphi Ventures, Kearny Venture Partners, Ryan Drant | Announced |
| Nov 1, 2009 | $30M Series B | — | MPM Capital, Pivotal BioVenture Partners, Sofinnova Investments, SR ONE, Delphi Ventures, Kearny Venture Partners, NEW Enterprise Associates | Announced |
| Mar 1, 2008 | $65M Series A | — | MPM Capital, Pivotal BioVenture Partners, Sofinnova Investments, SR ONE | Announced |