Loading organizations...
Based in San Mateo, California, BioTrace Medical is a commercial-stage medical device manufacturer that develops advanced cardiovascular solutions, focusing on temporary pacing leads to improve patient outcomes during structural heart procedures. The company's flagship product, the Tempo Temporary Pacing Lead, received 510(k) clearance from the FDA to provide secure pacing and reduce complications during transcatheter aortic valve replacement operations. Operating primarily within the electrophysiology and cardiovascular sectors, the enterprise generates revenue through direct sales to healthcare facilities and has successfully treated over 5,000 patients across various hospital networks. Advancing health technology innovations originally originating from Stanford's Biodesign Fellowship, the business has raised more than $30 million in total venture funding backed by lead investor HBM Healthcare Investments. BioTrace Medical was founded in 2010 by Aravind Swaminathan, Ellis Garai, Laura Dietch, and Dr. Martin Leon.
BioTrace Medical has raised $3.0M across 1 funding round.
BioTrace Medical has raised $3.0M in total across 1 funding round.
BioTrace Medical is a medical technology company that developed the Tempo Temporary Pacing Lead, an active fixation device for secure, stable temporary cardiac pacing during procedures like TAVR, TMVR, and cardiac surgery.[3][4] It serves cardiologists, surgeons, anesthesiologists, and intensivists by addressing complications from conventional passive fixation leads, such as cardiac perforation (0.6-4.0% risk), dislodgment (10-37%), and delayed patient ambulation.[4] The lead solves these issues through retractable stabilizer loops and a soft tip, enabling safer pacing, rapid deployment, and earlier mobility, with over 12,000 U.S. placements showing a 0.05% perforation rate.[4] Acquired by Merit Medical, it has FDA clearance (2016) and CE Mark (2019), marking strong growth momentum from limited launch in 2017 to expanded adoption.[4][5]
BioTrace Medical emerged from Stanford Biodesign, where the idea stemmed from clinical insights into temporary pacing lead failures used by diverse physicians.[3] Founders recognized the need for a device deployable by cardiologists, surgeons, anesthesiologists, emergency doctors, and intensivists, leading to the Tempo Lead's "snap to deploy" design.[3] Key milestones include FDA 510(k) clearance in October 2016, first commercial use in December 2016, and a limited U.S. launch in early 2017, with positive feedback as "an exciting advance" and potential "new standard of care."[3][5] The company, based in San Carlos, CA, achieved CE Mark in 2019 and was later acquired by Merit Medical.[4][5]
(Note: Rare adverse events reported, e.g., one MAUDE case for temporary pacemaker wire.[7])
BioTrace Medical rides the wave of transcatheter interventions like TAVR and TMVR, where temporary pacing is routine but complication-prone with legacy leads.[3][4][5] Timing aligns with rising minimally invasive cardiac procedures, driven by aging populations and TAVR volume growth; market forces favor devices enabling faster turnover and mobility to cut hospital stays/costs.[4] It influences the ecosystem by setting a safer standard, expanding beyond TAVR (e.g., cardiac surgery), and integrating via acquisition into Merit Medical's portfolio, accelerating adoption in high-volume cath labs.[3][4][5]
Post-acquisition by Merit Medical, BioTrace Medical's Tempo Lead is positioned for wider global rollout, building on U.S./EU approvals and low complication data.[4][5] Trends like expanding TAVR indications, structural heart innovations, and value-based care will amplify demand for reliable, cost-reducing pacing tech. Its influence may evolve toward dominating active fixation temporary leads, potentially inspiring next-gen iterations for broader electrophysiology applications—redefining procedural safety from the outset.[3][4]
BioTrace Medical has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Series A in February 2014.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2014 | $3M Series A | — | Azimuth Ventures, Baird Capital, Okapi Venture Capital | Announced |
BioTrace Medical has raised $3.0M in total across 1 funding round.
BioTrace Medical's investors include Azimuth Ventures, Baird Capital, Okapi Venture Capital.