Paragate Medical
Implantable Device for outpatient Chronic Heart Failure treatment and elimination of hospitalization
Startup Seed Health Tech & Life Sciences Est. 2016
Total Raised
$10.64M
Seed
Last Round
$450K
6 rounds
Investors
2
2 public
Team
3
11-50 employees
Confidence
90/100
News
5
articles
Patents
1
About
Clinical-stage company offers a disruptive outpatient treatment solution addressing the top global healthcare cost driver: recurring admissions of congested Chronic Heart Failure patients. Our implanted, connected device removes excess fluid and salt and clears them to the patient’s bladder, providing continuous decongestion: personalized precise treatment with no patient involvement, out-of-hospital. Clinical trials are underway with strong results from an initial series of patients. Our target US market is 1.2M+ annual hospitalizations which generate $30B+ of hospital losses and payor costs, most of which are avoidable with our technology. ROW market is larger.
Classification
Sector
Health Tech & Life SciencesMedical DevicesMedical Treatment & TherapeuticsDigital HealthcarePatient Remote Monitoring
Core Technology
SensingMaterials & SubstancesImplants
Target Customer
Healthcare & Life SciencesHealthcareProviders
Business Model
B2B
Tags
heart-failurecardiologymedical-productsrespiratorydoctorssurgerysurgeonsclinicshealthcare-providershospitalshome-careminimally-invasivedigital-healthcareremote-monitoringtreatments
Funding & Events
May 2025
Non-equity $450K
Israel Innovation Authority (Lead)
Dec 2019
Non-equity $2.29M
EU Horizon 2020
Aug 2023
Non-equity $2.8M
European Union’s EIC Fund (Lead)
Aug 2022
Seed $1M
Aug 2021
Non-equity $1M
Israel Innovation Authority (Lead)
Aug 2016
Seed $3.1M
Israel Innovation Authority, NGT3
News (5)
growth-positive
2024 Winners| Jon DeHaan Foundation
Product StageInvestment
Nov 27, 2023 · www.jacc.org
TCT 2023 Shark Tank Innovation Competition: Highlights of Disruptive Innovative Technologies in Cardiovascular Medicine
Feb 25, 2021 · www.med-technews.com
growth-positive
Implantable device developed for remote care of heart and kidney failure patients
Investment
Jan 31, 2019 · www.jpost.com
growth-positive
https://www.jpost.com/health-science/israeli-cardiac-device-aims-to-keep-heart-failure-patients-out-of-hospital-579322
Customers
Nov 26, 2017 · www.israel21c.org
growth-positive
Israeli cardiac devices dominate Shark Tank contest wins
Investment
Details
Product Stage
R&D
Employees
11-50
Exact Count
15
District
North District
Founded
2016
Registrar
515364909
Crunchbase
paragate-medical
Locations
Derech HaAtsma'ut 57, Haifa, Israel
Links
Website
LinkedIn
Admin
Last Update
Oct 28, 2025
Verified by
Jenny Sotnik-Talisman
Claimed
Yes
Missing
markets, not claimed
Team (3)
Rann Marom
CEO
Nitai Hanani
Co-founder & CTO
Founder
Dr. Yair Feld
Co-founder, Inventor & Medical Director
Founder
Internal
Created by
Jenny Sotnik-Talisman (genys30@yahoo.com)
Created
2016-03-13T00:00:00.000Z
Last editor
Yanina Wainscheinker (yanina.wainscheinker@sncentral.org)