How Much Did Cordella Raise?
Funding & Key Investors

Cordella, the flagship medical technology platform developed by Endotronix, has successfully secured a total funding amount of $128.7M to advance its mission in cardiovascular health management. This capital trajectory, punctuated by a recent funding amount of $2M, underscores the market's confidence in the company's integrated approach to treating advanced heart failure. By leveraging a combination of cloud-based data systems and proprietary implantable sensor technology, the firm has established a robust financial foundation to support its clinical and commercial expansion efforts.

The company's growth story is marked by a series of strategic financing rounds, evolving from early-stage debt and private equity infusions to significant Series D backing. This progression reflects a disciplined capital strategy designed to navigate the complex regulatory and clinical requirements inherent in the medical device sector.

What is Cordella?

Cordella
ManufacturingMedical Devices & EquipmentHealthcare Software

Cordella represents a paradigm shift in the management of advanced heart failure, moving beyond traditional episodic care toward a continuous, data-driven model. The Cordella Heart Failure System integrates a cloud-based disease management platform with a breakthrough implantable wireless pulmonary artery pressure sensor. This technology enables clinicians to perform at-home hemodynamic management, facilitating the early detection of worsening heart failure symptoms before they necessitate hospitalization.

By providing a comprehensive, reimbursable solution, the company addresses a critical gap in the healthcare market. Its position as a leader in remote patient monitoring and diagnostic innovation allows it to deliver improved patient outcomes while simultaneously reducing the economic burden on healthcare systems. The platform's ability to synthesize complex physiological data into actionable clinical insights positions it as a cornerstone of modern cardiovascular care.

How much funding has Cordella raised?

Cordella has raised a total of $128.7M across 10 funding rounds:

2013

Debt

$1.2M

2014

Private Equity

$1.6M

Debt

$2.2M

2015

Debt

$3M

Series B

$3M

2016

Series C

$32M

2017

Debt

$12M

2019

Series D

$70M

2020

Debt

$2M

Debt (2013): $1.2M, investors not publicly disclosed

Private Equity (2014): $1.6M, investors not publicly disclosed

Debt (2014): $2.2M, investors not publicly disclosed

Debt (2015): $3M, investors not publicly disclosed

Series B (2015): $3M, investors not publicly disclosed

Series C (2016): $32M led by APERTURE Venture Partners, Lumira Capital, BioVentures Investors, and SV Life Sciences

Debt (2017): $12M supported by Silicon Valley Bank

Series D (2019): $70M featuring Seroba Life Sciences, APERTURE Venture Partners, Wanxiang Healthcare Investments, Life Sciences Partners, Lumira Capital, OSF Ventures, Bioventures Investors, SV Health Investors, and Skydeck LLC

Debt (2020): $2M backed by PPP

Key Investors in Cordella

Seroba Life Sciences

A European venture capital firm specializing in high-impact innovations within the biotech and medtech sectors, focused on supporting entrepreneurs to realize commercial and clinical ambitions.

APERTURE Venture Partners

A healthcare-focused investment firm dedicated to fostering growth in medical devices, diagnostics, and healthcare IT, with a proven track record of backing companies that achieve significant market valuations.

Wanxiang Healthcare Investments

A corporate-backed venture group targeting early to growth-stage healthcare technologies, with a specific emphasis on digital health and long-term strategic partnership.

What's next for Cordella?

With the support of its latest strategic investment, Cordella is poised to accelerate its commercial footprint and deepen its clinical evidence base. The focus remains on scaling the adoption of the Cordella Heart Failure System across diverse healthcare networks, ensuring that the technology becomes a standard of care for patients suffering from chronic heart conditions. Future strategic initiatives will likely prioritize the integration of advanced analytics and machine learning to further refine predictive capabilities, alongside potential expansion into broader diagnostic applications within the life sciences ecosystem. As the company transitions into its next phase of maturity, the emphasis will shift toward long-term value creation and the sustained improvement of global healthcare delivery standards.

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Frequently Asked Questions Regarding Cordella Financial Insights

What are the most recent funding rounds that Cordella has completed, and what were the funding rounds?
Cordella has recently completed 3 funding rounds: Debt on Apr 11, 2020, Series D on Oct 1, 2019, Debt on Jan 8, 2017.
What is the total amount of funding Cordella has raised to date?
Cordella has raised a total of $128.7M in funding to date.
How many funding rounds has Cordella completed?
Cordella has completed 3 funding rounds.
How much funding did Cordella raise in its most recent funding round?
Cordella raised $2M in its most recent funding round.
Who are the lead investors in Cordella's latest funding round?
The lead investor in Cordella's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cordella's history?
The largest funding round in Cordella's history was $70M.
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