FOUNDED: Spun out of medical device incubator Inceptus Medical in 2013.
LEGACY LEADERSHIP: Two years later, Bill Hoffman became CEO, taking a leap of faith by joining a company of 10 employees and no approved products. Inari developed products from the ground up with a specific purpose to remove clots from veins while competitors had tried to repurpose products designed to remove clots from arteries.
HQ: Irvine
OC SIGNIFICANCE: Helped establish medical devices as a crucial industry in Orange County. Grew to more than 1,000 employees.
DEFINING MOMENT: Went public on May 22, 2020 and sold to Stryker on Feb. 19, 2025 for $4.9B.
BY THE NUMBERS: Revenue went from zero in 2016 to $603M in 2024.
QUOTABLE: “I have loved every second of my time here on this mission and with this team.” —Bill Hoffman
FUN FACT: Inari Medical was inspired by Japanese culture. Inari is a patron deity of blacksmiths and merchants which is associated with prosperity and wealth.
