/Companies

Cadrenal Therapeutics

NASDAQ: CVKD

Ponte Vedra, US · Founded 2022 · Delaware corporation

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Cadrenal Therapeutics is a clinical-stage biopharmaceutical company developing anticoagulation and antithrombotic therapies for cardiovascular and thrombotic disorders. Its pipeline includes CAD-1005, a first-in-class 12-LOX inhibitor for heparin-induced thrombocytopenia, tecarfarin for end-stage kidney disease and LVAD patients, and frunexian, an intravenous Factor XIa inhibitor for acute/critical care settings.</parameter> <parameter name="founders">[]

Founders & leadership

Cadrenal Therapeutics was founded in 2022 by Quang X. Pham.

QXQuang X. Pham
Quang X. PhamFounder · Chairman, Chief Executive Officer & Chief Business OfficerCo-founder of hypergro.ai who previously worked at Glance in partnerships, content, and campaigns, including collaborations with CSK, Sony Music, Warner, and Femina Miss India.
JCJeff Cole
Jeff ColeChief Operating Officer
MSMatthew Szot
Matthew SzotChief Financial Officer & Co-Founder2022–2026Matthew Szot is an executive with over 25 years of experience in finance and corporate leadership, having served as CFO at multiple companies where he led IPO preparations and Nasdaq listings, managed hundreds of millions in equity and debt financings, and oversaw numerous mergers and acquisitions across life sciences, healthcare, and other industries. He currently serves as Board Chair of SenesTech and Director of INVO Fertility.
DWDouglas W. Losordo
Douglas W. LosordoChief Medical Officer2023–2025Douglas W. Losordo is an executive officer at Cadrenal Therapeutics, a clinical-stage biopharmaceutical company developing anticoagulation and antithrombotic therapies for cardiovascular and thrombotic disorders. He has a background as a physician and scientist focused on therapeutic development.
JP
John P. SharpInterim Chief Financial Officer
JJJames J. Ferguson
James J. FergusonChief Medical OfficerJames J. Ferguson is Chief Medical Officer at Cadrenal Therapeutics. He has worked as a senior scientist in small molecule drug discovery at biotech companies, with experience in assay development, mechanism of action studies, and in vivo research in muscular dystrophy, pulmonary fibrosis, and cancer models.
TFTerry Ferguson
Terry FergusonChief Medical Officer2025–2026Terry Ferguson brings over 15 years of pharmaceutical industry leadership experience, with background in clinical development, regulatory affairs, and medical affairs across both large and small organizations, and has held academic and clinical trial roles.
JJ
James J. Ferguson IIIChief Medical Officer

Board

SZ
Steven ZelenkofskeBoard director
JR
John R. MurphyBoard director
GW
Glynn WilsonBoard director
RL
Robert LisickiBoard director

Reported raises · per SEC filings

Form D private placements

$38.5M disclosed across 7 rounds · 2022–2026

▶$8.8MraisedJul 2026 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Quang X. PhamExecutive Officer, Director
  • John P. SharpExecutive Officer
  • James J. FergusonExecutive Officer
  • Jeffrey S. ColeExecutive Officer
  • Lee GoldenDirector
  • John R. MurphyDirector
  • Glynn WilsonDirector
Offering amount
$8.8M
Amount sold
$8.8M
Sales commissions
$315K
Placement agents
H.C. Wainwright & Co., LLC
First sale
Jun 2026
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$7.9MraisedApr 2026 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • James FergusonExecutive Officer
  • Matthew SzotExecutive Officer
  • Lee GoldenDirector
  • John R. MurphyDirector
  • Glynn WilsonDirector
  • Steven ZelenkofskeDirector
  • Quang X. PhamExecutive Officer, Director
  • Jeffrey ColeExecutive Officer
Offering amount
$7.9M
Amount sold
$7.9M
Sales commissions
$296.7K
Placement agents
H.C. Wainwright & Co., LLC
First sale
Apr 2026
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.4MraisedDec 2025 · 4 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • JOHN R. MURPHYDirector
  • LEE S. GOLDENDirector
  • MATTHEW K. SZOTExecutive Officer
  • JEFFREY COLEExecutive Officer
  • QUANG X. PHAMExecutive Officer, Director
  • JAMES J. FERGUSONExecutive Officer
  • GLYNN WILSONDirector
  • STEVEN ZELENKOFSKEDirector
Offering amount
$4.4M
Amount sold
$4.4M
Sales commissions
$157.5K
Placement agents
H.C. Wainwright & Co., LLC
First sale
Dec 2025
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$9.4MraisedNov 2024 · 5 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Steven ZelenkofskeDirector
  • John R. MurphyDirector
  • Jeff ColeExecutive Officer
  • Glynn WilsonDirector
  • Matthew SzotExecutive Officer
  • Douglas W. LosordoExecutive Officer
  • Quang PhamExecutive Officer, Director
  • Robert LisickiDirector
Offering amount
$9.4M
Amount sold
$9.4M
Sales commissions
$468K
Placement agents
H.C. Wainwright & Co., LLC
First sale
Nov 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$7.5MraisedJul 2023 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Quang PhamExecutive Officer, Director
  • Glynn WilsonDirector
  • STEVEN ZELENKOFSKEDirector
  • John MurphyDirector
  • Matthew SzotExecutive Officer
  • Douglas LosordoExecutive Officer
Offering amount
$7.5M
Amount sold
$7.5M
Sales commissions
$421.9K
Placement agents
H.C. Wainwright & Co., LLC
First sale
Jul 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$250KraisedDec 2022 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Quang PhamExecutive Officer, Director
  • Douglas LosordoExecutive Officer
  • Matthew SzotExecutive Officer
Offering amount
$1M
Amount sold
$250K
Minimum investment
$125K
Sales commissions
$21.2K
Placement agents
Boustead Securities, LLC, Sutter Securities Incorporated
First sale
Nov 2022
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$150KraisedJul 2022 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Quang PhamExecutive Officer, Director
  • Matthew SzotExecutive Officer
Offering amount
$2M
Amount sold
$150K
Minimum investment
$25K
Sales commissions
$76K
Placement agents
Sutter Securities Incorporated, Boustead Securities, LLC
First sale
Jul 2022
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$58.2Mvaluation at IPOJan 2023 · $5.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

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Acquisitions · 1

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Frequently asked questions

What does Cadrenal Therapeutics do?
Cadrenal Therapeutics is a clinical-stage biopharmaceutical company developing anticoagulation and antithrombotic therapies for cardiovascular and thrombotic disorders. Its pipeline includes CAD-1005, a first-in-class 12-LOX inhibitor for heparin-induced thrombocytopenia, tecarfarin for end-stage kidney disease and LVAD patients, and frunexian, an intravenous Factor XIa inhibitor for acute/critical care settings.</parameter> <parameter name="founders">[]
Who founded Cadrenal Therapeutics?
Cadrenal Therapeutics was founded by Quang X. Pham in 2022.
How much funding has Cadrenal Therapeutics raised?
Cadrenal Therapeutics has disclosed $38.5M raised across 7 rounds.
Where is Cadrenal Therapeutics headquartered?
Cadrenal Therapeutics is headquartered in Ponte Vedra, US.