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ROX Medical

Biotech & Life Sciences · San Clemente, United States · Founded 2004

Implantable vascular device for treating uncontrolled hypertension MoreLess

ROX Medical was a medical device company that developed a novel, implantable device to treat uncontrolled hypertension. Founded in 2003 by Rodney Brenneman and Keegan Harper, and headquartered in San Clemente, California, the company emerged as a spinout from Stanford University. Initially, ROX Medical explored treatments for conditions like chronic obstructive pulmonary disease (COPD) and heart failure. During clinical trials for COPD, a significant and beneficial side effect was observed: a notable reduction in patients' blood pressure. This discovery prompted a strategic pivot, and the company shifted its primary focus to developing a treatment for drug-resistant hypertension.

The company's core product was the ROX Coupler, a small, stent-like implant made of nitinol. The device was designed to be placed via a minimally invasive, catheter-based procedure lasting about an hour under local anesthesia. It creates a permanent, fixed-size passage, or anastomosis, between the iliac artery and vein in the upper thigh. This allows a controlled amount of blood to be redirected from the high-pressure arterial system to the low-pressure venous system, which reduces peripheral vascular resistance and improves arterial compliance, resulting in an immediate and sustained drop in blood pressure. The procedure was designed to be reversible. The ROX Coupler received CE Marking in Europe for treating both hypertension and advanced COPD.

The company's business model revolved around the development and commercialization of this device-based therapy, targeting a significant market of patients whose hypertension is not controlled by medication. ROX Medical conducted multiple clinical trials, including the CONTROL-HTN studies, to demonstrate the safety and efficacy of the Coupler, with results published in journals like The Lancet and Hypertension. Over its lifetime, the company raised approximately $101 million in funding through several rounds, with its last major round being a $40 million Series E in 2016. Investors included prominent firms such as Novartis Venture Fund, Apple Tree Partners, Versant Ventures, and Domain Associates. Despite promising clinical data and significant investment, some sources now classify the company as deadpooled or dissolved.

Keywords: hypertension treatment, medical device, interventional therapy, ROX Coupler, arteriovenous anastomosis, drug-resistant hypertension, vascular device, blood pressure reduction, minimally invasive procedure, iliac artery, Rodney Brenneman, Stanford spinout, CE Mark, CONTROL-HTN trial, implantable device, peripheral vascular resistance, arterial compliance, catheter-based therapy, nitinol implant, therapeutic fistula

Company overview

ROX Medical company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2004
Headquarters
San Clemente, United States
Employees
Open positions
None listed
Dealroom signal
23.0
sub industryBioTechnologysub industryMedical DevicesindustryHealthsectorBiotechnologysectorSpinoutsectorBiotech and PharmasectorDT and LSsectorscience-basedclient focusb2c

Valuation & funding

ROX Medical funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES EOther financing Sep 2016 $40M $160M Apple Tree Partners · Versant Ventures · Novartis Venture Fund · Domain Associates
SERIES DOther financing Sep 2012 $6M $24M Versant Ventures · Domain Associates
DEBTDebt Jul 2011 $4M Undisclosed
SERIES COther financing Jun 2008 $33M $132M Versant Ventures · Prism Venture Management · Domain Associates
SERIES BOther financing Jul 2006 $10M $40M Prism Venture Management · Versant Ventures · Domain Associates
SERIES AOther financing Apr 2004 Prism Venture Management · Versant Ventures
SPINOUTOther financing Jan 2004 Stanford University
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Growth signals

ROX Medical website traffic

Latest recorded traffic for ROX Medical is 230 monthly website visits, up 283.3% over the last three months.

Latest monthly visits230 3-month web change+283.3%
Monthly website visits51 observations · Apr 2016–Sep 2022
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Comparisons

ROX Medical compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
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Sandstone DiagnosticsIntegrated wellness technology that empowers consumers to measure, monitor, and improve their health at home Pleasanton, United States Operational
HaiiDeveloping innovative digital therapeutics in the prevention and management of mental health and disease such as dementia, depression, and anxiety disorders Seoul, South Korea Operational
Re-VanaTo advance the quality of care for patients suffering from sight-threatening diseases. Belfast, United Kingdom Operational
Seknova BiotechnologyMedical device startup developing a painless micro-sensor patch that continuously monitors multiple health biomarkers for early chronic disease detection and prevention of serious complications Taiwan Operational
BitomeReal-time health insights using non-invasive diagnostic products Boston, United States Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

ROX Medical's talent

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Team profiled 5 named & role-tagged
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Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

6 investors on ROX Medical's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 3 investors entered at this stage
Prism Venture Management
Versant Ventures
Domain Associates
Series B+ 2 investors entered at this stage
Novartis Venture Fund
Apple Tree Partners
Other known 1 additional known investor
Stanford University

Global footprint

Where ROX Medical has talent and traffic

Workforce by country
🇺🇸 United States · San Clemente HQ
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In the news

Latest news about ROX Medical

Recent press, funding announcements, and product moves mentioning ROX Medical — open to read from the original sources.

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Market sentiment

What the market is saying about ROX Medical

An AI-synthesized read of the highest-engagement posts about ROX Medical on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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