Summary

CVRx INC

Founded in 2001

Description

CVRx, Inc. is a privately held company founded in 2001 and headquartered in Minneapolis, Minnesota. The company has developed the second-generation BAROSTIM NEO, a minimally-invasive implantable system and the only device CE Marked for the separate indications of heart failure and resistant hypertension. BAROSTIM NEO is commercially available in over 20 countries and under clinical evaluation for the treatment of heart failure and hypertension in the United States. The company's BAROSTIM NEO LEGACY holds Humanitarian Device Exemption (HDE) approval from FDA, deeming it safe for use in hypertensive patients who were responders to the first-generation BAROSTIM THERAPY with the Rheos Carotid Sinus Lead System.

Strengths

  • CVRx INC has a strong market share in their industry
  • Revenue growth is more steady than the industry average
  • Since CVRx INC was founded, the company has grown faster than the industry average

Weaknesses

  • Revenue generated per employee is less than the industry average
  • Revenue growth is less than the industry average
  • The number of employees is not growing as fast as the industry average
  • Employees are more likely to churn compared to the industry average

Annual Revenue

CVRx INC's annual revenue

$22469000

Based on Kona Equity data

  • Revenue per employee

    $140431

  • Variance of revenue growth

    0.07

  • Annual revenue growth since founding

    $850590

  • Revenue growth rate from first known quarter to current

    -22.0%

Employee Count

160 employees

  • Employee growth rate from first known quarter to current

    -18.3%

  • Current employees on Linkedin

    65

  • Churned employees

    195

  • Churn rate percentage

    300.0%

Executives

Dean Bruhn-Ding

Vice President, Regulatory Affairs & Quality Assurance

d**@cvrx.com

Andrew Ganton

Director, Marketing

a**@cvrx.com

Dawn Biegert

Senior RAQA Coordinator

d**@cvrx.com

Sascha Degener

Field Clinical Engineer and Training Manager

s**@cvrx.com

Rita Hammond

Production Operator

r**@cvrx.com

John Brintnall

Chief Strategy Officer

j**@cvrx.com

Craig Palmer

Vice President, Sales (US)

c**@cvrx.com

Bart Carey

Director, Device Engineering

b**@cvrx.com

Ivana Stojanovic

Development Director, Market Access

i**@cvrx.com

Emily Meyers

Manager, Marketing

e**@cvrx.com

Jared Oasheim

Chief Financial Officer

j**@cvrx.com

Vanessa Sawyer

Territory Manager

v**@cvrx.com

Kevin Prest-Berg

Director of IPGs

k**@cvrx.com

Christopher Castillo

Regional Manager, Western

c**@cvrx.com

Kevin Denton

Strategic Account Director

k**@cvrx.com

Monique Benke

Account Manager, At Cvrx

m**@cvrx.com

Kelly Lamotte

Manager, Office Onboarding & Training Coordinator

k**@cvrx.com

Erin Gisborne

Clinical Research Principal & Associate

e**@cvrx.com

Seth Wilks

Director of Clinical Science

s**@cvrx.com

Jacki Schweikert

Senior Quality Systems Specialist

j**@cvrx.com

Y-Lan Nguyen

Field Clinical Engineer

y**@cvrx.com

Elizabeth Galle

Global Vice President, Clinical Research

e**@cvrx.com

Bob Danielewicz

Account Manager, England

b**@cvrx.com

Rich Foradori

Account Manager

r**@cvrx.com

David Brin

Sales Training Manager (US)

d**@cvrx.com

G Score - 3

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.

Location

9201 West Broadway Ave., Ste. 650 
Minneapolis, MN  55445

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Key Information

  • SIC: 38; 384
  • NAICS: 339; 33
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with CVRx INC.

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Frequently Asked Questions

Where is CVRx INC located?

CVRx INC's headquarters are located at 9201 West Broadway Ave., Ste. 650  Minneapolis, MN  55445.


What is CVRx INC's official website?

CVRx INC's official website is cvrx.com


What is CVRx INC's revenue?

CVRx INC's annual revenue is $22.5 M.


What is CVRx INC's SIC code?

CVRx INC's SIC: 38; 384


What is CVRx INC's NAICS code?

CVRx INC's NAICS: 339; 33.


How many employees does CVRx INC's have?

CVRx INC has 160 employees


What industry does CVRx INC belong to?

CVRx INC is in the industry of Medical devices.

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