Last updated 2026-08-22
- Acquired by Medtronic for $585M, Feb 2026
- Raised $75M Series E led by Medtronic, Jul 2022
- Raised $30M Series D, Jan 2021
Total raised
$151.8M
Last: Undisclosed Round 2022-07
Stage
Acquired
Founded
2013
Headcount
100
HQ
Kefar Sava, Israel
Sector
Health Care Technology
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 CathWorks FFRangio® System combines artificial intelligence and advanced computational science, transforming how cardiovascular disease is diagnosed and treated. The FFRangio System obtains physiologic information from routine angiograms, eliminating the need for drug stimulation and invasive pressure wires. It provides physicians with quick and reliable intraprocedural FFRangio values for the entire coronary tree.
Funding history · 5 rounds · $151.8M total
5 events/rounds · $151.8M Total Funding: $150.8M in Private Equity
Jul 2022
★ Medtronic
Jan 2021
May 2019
★ Israel Innovation Authority★ Israeli Ministry of Economy and Industry
Feb 2019
Headcount over time
100 employees (2026-09) · 1 point
Offices
Kefar Sava, Israel · HQ / main office
Show all offices (2 more)
- Shinjuku City, Japan
- Newport Beach, United States
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 · 16
Guy Lavi
Founder · Co-Founder
Ifat Lavi, PhD
Founder · Co-Founder
Ran Kornowski, MD, FESC
Founder · Co-Founder
Dalit Cohen-Shipperman
Vice President, Global Human Resources
Mike Feher
Chief Financial Officer
Asaf Jazcilevich
Vice President, Research & Development/Site Leader
Sarita Monico
Chief Marketing Officer
Fabian Ngo
Chief Strategy Officer
Ayelet Peer
Vice President, Global Quality & Regulatory
Natalie Sickler
Chief Business Officer
Masashi Yamamoto
General Manager – Japan
Andrew ElBardissi, MD
Partner, Deerfield Management (Board of Directors)
Matt Gaylord
Vice President, General Manager Johnson & Johnson MedTech (Board of Directors)
David Neustaedter
Venture Partner, Deerfield Management (Board of Directors)
Scott Ward
Chairman of the Board
Sectors & technology
Primary sector
Health Care Technology
Technologies
Target customers
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
| Legal name | CathWorks Ltd. |
|---|---|
| Founded | 2013-2 |
| Employees (exact) | 100 |
| Offices | Shinjuku City; Newport Beach |
| Status reason | Acquired by Medtronic on Feb 2026 |
Acquisitions & public offerings
Acquired by Medtronic 2026-02 $585.0M
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 | 22 |
|---|
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 בעלי תפקידים |
| 2026-06-08 | עדכון דירקטורים-הסרת דירקטור |
| 2026-06-08 | עדכון דירקטורים-הוספת דירקטור |
| 2026-05-03 | העברת מניות |
| 2026-02-01 | דו~ח שנתי-הקצאת מניות |