Last updated 2026-06-18
- Acquired by Medtronic, Feb 2026
- Raised $75M Series E led by Medtronic, Jun 2022
- Raised $30M Series D, Dec 2020
Total raised
$151.8M
Last: Undisclosed Round 2022-07
Stage
Acquired
Founded
2013
Headcount
80
HQ
Kefar Sava, Israel
Sector
Health Tech & Life Sciences
About
CathWorks is a medical technology company focused on applying its advanced computational science platform to optimize coronary artery disease (CAD) therapy decisions and elevate coronary angiography from visual assessment to an objective, FFR-based decision-making tool for physicians. The companys current focus is specifically on bringing the CathWorks FFRangio System to market in order to provide quick, precise, and objective intraprocedural FFR guidance that will be practical for every case. CathWorks FFRangio System carries the CE mark and received FDA 510(k) clearance in December 2018.
Funding history · 5 rounds · $151.8M total
2022-06
E Round
$75.0M
★ Medtronic
2020-12
D Round
$30.0M
2019-01
C Round
$30.0M
★ Deerfield Management
2017-09
B Round
$15.8M
★ TriventuresPontifaxQuark VentureBioStar CapitalCorundum Open InnovationPlanven Entrepreneur Ventures
Date unknown
Grant
$994K
Headcount over time
From 26 (2018-11) to 79 (2026-03) · +53 (+204%) · 22 points · source: Finder history + radar grounding
Q&A
- What is CathWorks' primary business focus?
- CathWorks is a medical technology company that applies advanced computational science to optimize coronary artery disease (CAD) therapy decisions, aiming to transform coronary angiography into an objective, FFR-based decision-making tool for physicians.
- When was CathWorks acquired and by whom?
- CathWorks was acquired by Medtronic in February 2026.
- What is the status of CathWorks' FFRangio System regulatory clearances?
- The CathWorks FFRangio System carries the CE mark and received FDA 510(k) clearance in December 2018.
- How much funding has CathWorks raised in total?
- CathWorks has raised a total of $151,794,000 across multiple funding rounds.
- Which company led CathWorks' $75 million funding round in July 2022?
- Medtronic led CathWorks' $75 million funding round in July 2022.
- Who were the lead investors in CathWorks' October 2017 funding round?
- Triventures was a lead investor in CathWorks' October 2017 funding round.
- How many employees does CathWorks have?
- CathWorks has 51–200 employees.
- Where are CathWorks' main offices located?
- CathWorks has offices in Kefar Sava, Israel; Shinjuku City, Japan; and Newport Beach, USA.
Team · 2
Founder · Co-founder (No longer with the company)
Sectors & technology
Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesDigital HealthcareMedical Decision Support
Technologies
Artificial Intelligence
Target customers
Healthcare & Life SciencesHealthcareProviders
Business model
B2B
Highlights
1 PatentsVerified
Tags
decision-makingdigital-healthcare3d-technologymedical-technologiesimagingheart-diseasesnon-invasivediagnosticscardiovascularmedical-devicescardiologydeep-learningdecision-supportpatients3d-imagingartificial-intelligencehealthcarehealthcare-providersalgorithmsx-raycomputer-visionhealthcare-itmedical-productsimage-processingsaasdeep-neural-networksmedical-equipment
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | cath.works |
|---|---|
| linkedin.com/company/29011590 | |
| facebook.com/CathWorksFFRangio | |
| YouTube | youtube.com/channel/UCGZgKKYj3BUqgCRadZv7Fmw |
Identifiers & details
| Founded | 2013-2 |
|---|---|
| Employees (exact) | 80 |
| Offices | Shinjuku City; Newport Beach |
| Status reason | Acquired by Medtronic on Feb 2026 |
Acquisitions & public offerings
Acquired by Medtronic 2026-02
Radar intelligence
Open jobs — bamboohr
| Total open | 1 |
|---|---|
| Remote | 0 |
| By department | R&D (1) |
| By location | Kfar Saba, Israel (1) |
| Title | Location | Department |
|---|---|---|
| Software QA Automation Engineer | Kfar Saba, Israel | R&D |
Patents
| EPO | 20 |
|---|
Publications (Crossref)
| Works | 1 |
|---|
Web history (Wayback)
| Domain | cath.works |
|---|
Certificate / subdomain footprint
| Subdomains | 20 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514882836 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2013-02-06 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 10 — charge (2), shares_capital (3), other (1), people (3), annual_report (1) |
| Registered address | רפפורט 3 כפר סבא |
Recent registry events
| Date | Event |
|---|---|
| 2026-05-31 | סילוק שעבוד |
| 2026-05-31 | סילוק שעבוד |
| 2026-06-28 | הקצאת מניות |
| 2026-05-18 | שינוי בהרכב הון - מניות-שינוי סוג מניה |
| 2026-05-18 | שינוי בתקנון |
| 2026-06-08 | עדכון דירקטורים-הוספת דירקטור |
| 2026-06-08 | עדכון דירקטורים-הסרת דירקטור |
| 2026-06-08 | עדכון בעלי תפקידים |
| 2026-05-03 | העברת מניות |
| 2026-02-01 | דו~ח שנתי-הקצאת מניות |