Fundraising Fox

Cardax

Honolulu, US · Founded 2012 · Delaware corporation

cardaxpharma.com

Cardax is a consumer health company that markets ZanthoSyn, a physician-recommended astaxanthin dietary supplement aimed at inflammatory health. The company previously developed pharmaceuticals for inflammation-driven diseases and holds pre-clinical candidates for cardiovascular inflammation/dyslipidemia (CDX-101) and macular degeneration (CDX-301).

BiotechConsumerWellness & Fitness

Founders & leadership

Cardax was founded in 2012 by David G. Watumull.

DGDavid G. Watumull
David G. WatumullFounder
NM
Nicholas MitsakosExecutive
JB
John B. RussellExecutive
DM
David M. WatumullNamed on SEC filing
FH
Frank HerringerNamed on SEC filing
JR
John RussellNamed on SEC filing

Board

TA
Terence A. KellyBoard director
GW
George W. Bickerstaff IIIBoard director

Reported raises · per SEC filings

Form D private placements

$7.3M disclosed across 4 rounds · 2014–2021

$200KraisedSep 2021 · 5 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • David G. WatumullExecutive Officer, Director
  • David M. WatumullExecutive Officer
Offering amount
$500K
Amount sold
$200K
First sale
Sep 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.5MraisedMay 2017 · 50 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • John B. RussellExecutive Officer
  • David G. WatumullExecutive Officer, Director
  • Michele GalenDirector
  • George W. Bickerstaff IIIDirector
  • Terence A. KellyDirector
Amount sold
$1.5M
Minimum investment
$10K
First sale
May 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.6MraisedNov 2015 · 29 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • David G. WatumullExecutive Officer, Director
  • Nicholas MitsakosExecutive Officer, Director
  • Terence A. KellyDirector
  • George W. Bickerstaff IIIDirector
  • John B. RussellExecutive Officer
Offering amount
$4M
Amount sold
$1.6M
Minimum investment
$10K
Sales commissions
$28.6K
Placement agents
Andrew Garrett, Inc.
First sale
Mar 2015
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.9MraisedFeb 2014 · 62 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • David M. WatumullExecutive Officer
  • David G. WatumullExecutive Officer, Director
  • Frank HerringerDirector
  • John RussellExecutive Officer
  • Nicholas MitsakosDirector
Offering amount
$3.9M
Amount sold
$3.9M
Minimum investment
$5K
Sales commissions
$530K
Proceeds to insiders
$55K
Placement agents
Portfolio Advisors Alliance, Inc., Agincourt Ltd.
First sale
Feb 2014
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 2

by search overlap

Companies competing with Cardax for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Cardax do?
Cardax is a consumer health company that markets ZanthoSyn, a physician-recommended astaxanthin dietary supplement aimed at inflammatory health. The company previously developed pharmaceuticals for inflammation-driven diseases and holds pre-clinical candidates for cardiovascular inflammation/dyslipidemia (CDX-101) and macular degeneration (CDX-301).
Who founded Cardax?
Cardax was founded by David G. Watumull in 2012.
How much funding has Cardax raised?
Cardax has disclosed $7.3M raised across 4 rounds.
Where is Cardax headquartered?
Cardax is headquartered in Honolulu, US.