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- Cerus Endovascular
Cerus Endovascular Acquisition, Valuation, Funding & Investors
Cerus Endovascular was acquired by Stryker for $525M in May 2023, a 43.4x multiple on $12M of revenue.
Cerus Endovascular revenue at acquisition
$12M
Last twelve months · May 2023
Cerus Endovascular revenue multiple at acquisition
43.4x
EV/Revenue · May 2023
Cumulative funding Cerus Endovascular raised
$2M
across 1 funding round
About Cerus Endovascular
Cerus Endovascular is an Oxford-based medical device company developing neurovascular treatments for aneurysms. Founded in 2011, it markets the eCLIPSE occluder system as an alternative to coiling and clipping, deployed in hospitals throughout Europe and the US.
Founded
2011
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Product sales
Revenue
$12M (May 2023)
Valuation
$525M (acquired May 2023)
Sectors
Cerus Endovascular Acquisition
Cerus Endovascular was acquired by Stryker for $525M on 2 May 2023.
The acquisition price implies a 43.4x revenue multiple on $12M of revenue.
Before the acquisition Cerus Endovascular had raised $2M across 1 funding round.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 2 May 2023 | Strategic M&A | $525M | 43.4x |
Cerus Endovascular Funding History
Cerus Endovascular has raised a total of $2M across 1 funding round.
Cerus Endovascular funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Jun 2013 | Seed | Tim Dempsey; The North West Fund; Mid Atlantic Bio Angels | $2M |
Who has invested in Cerus Endovascular?
3 investors have backed Cerus Endovascular across its funding rounds, including The North West Fund, Mid Atlantic Bio Angels and Tim Dempsey.
Cerus Endovascular Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jun 2013 | ||
This data is available for Pro users. Sign up to see all 3 Cerus Endovascular investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialCerus Endovascular Competitors
Cerus Endovascular competitors include listed companies like Ocumension and Kamada, and private ones like Shoreline Biosciences, Precision Neuroscience, Strand Therapeutics and Kai Medtech.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $528M | - | ||
| Private | - | - | $543M | - | ||
| Publicly listed | $120M | ($3M) | $548M | - | ||
| Private | - | - | $550M | - | ||
| Publicly listed | $180M | $37M | $501M | 2.3x | ||
| Private | - | - | $500M | - |
Cerus Endovascular Public Comps
Cerus Endovascular is no longer listed, but its public comps include Cerus, SD Biosensor, Tactile Medical, IBA Group, BrainsWay, Ocumension, Kamada, The Beauty Tech Group, Senseonics Holdings and Delcath Systems.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $206M | ($5M) | 2.7x | 2.2x | (112.8x) | 42.1x | |||
| $517M | ($509M) | 0.8x | - | (0.8x) | - | |||
| $330M | $36M | 1.3x | 1.2x | 12.3x | 9.1x | |||
| $714M | $40M | 0.8x | 0.8x | 14.8x | 10.5x | |||
| $52M | $7M | 9.3x | 7.6x | 71.7x | 41.7x | |||
| $120M | ($3M) | 4.1x | - | (178.3x) | - | |||
| $180M | $37M | 2.5x | 2.3x | 11.9x | 9.2x | |||
| $189M | $37M | 2.4x | 2.1x | 12.1x | 7.7x | |||
This data is available for Pro users. Sign up to see all Cerus Endovascular competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Cerus Endovascular
| When was Cerus Endovascular founded? | Cerus Endovascular was founded in 2011. |
| Where is Cerus Endovascular headquartered? | Cerus Endovascular is headquartered in Oxford, United Kingdom. |
| Is Cerus Endovascular publicly listed? | No, Cerus Endovascular was acquired by Stryker in May 2023. |
| Who acquired Cerus Endovascular? | Cerus Endovascular was acquired by Stryker in May 2023. |
| How much was Cerus Endovascular acquired for? | Cerus Endovascular was acquired for $525M in May 2023, a 43.4x revenue multiple. |
| How much funding has Cerus Endovascular raised? | Cerus Endovascular has raised $2M across 1 funding round. |
| What was Cerus Endovascular's last funding round? | Cerus Endovascular's last funding round was a $2M seed round in June 2013. |
| Who are Cerus Endovascular's investors? | Cerus Endovascular's investors include Tim Dempsey, The North West Fund and Mid Atlantic Bio Angels. |
| Which companies are comparable to Cerus Endovascular? | Companies comparable to Cerus Endovascular include Shoreline Biosciences, Precision Neuroscience, Ocumension, Strand Therapeutics, Kamada and Kai Medtech. |
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