Fundraising Fox

Cardialen Inc

St. Louis, US · Delaware corporation · 1 known investors

Healthtech

Founders & leadership

IR
Igor R. EfimovFounder
MB
M. Brent SheltonExecutive
PS
Paula SkjefteExecutive
NL
Nick LannersExecutive
IE
Igor EfimovNamed on SEC filing

Board

EA
Eric A. GulveBoard director
WW
Warren WatsonBoard director
WS
William SchmidtBoard director
RJ
Robert J. CalcaterraBoard director
BB
Brian BuetnerBoard director

Investors · 1

RiverVest Venture PartnersSt. Louis · $500K – $3Mvia Jay W. Schmelter · board

Reported raises · per SEC filings

Form D private placements

$25.5M disclosed across 5 rounds · 2013–2021

▶$4.4MraisedJul 2021 · 18 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Jay SchmelterDirector
  • William SchmidtDirector
  • Anna FrenchDirector
  • Warren WatsonDirector
  • Jeff PetersExecutive Officer, Director
  • Thomas ThalerDirector
Offering amount
$4.4M
Amount sold
$4.4M
Minimum investment
$967
First sale
Jun 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$16.1MraisedAug 2018 · 16 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Igor EfimovDirector
  • Jeff PetersExecutive Officer, Director
  • William SchmidtDirector
  • Warren WatsonDirector
  • Robert CalcaterraDirector
  • Brian BeutnerDirector
  • Eric GulveDirector
Offering amount
$16.1M
Amount sold
$16.1M
Minimum investment
$8.2K
First sale
Jul 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$889.9KraisedAug 2018 · 13 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • William SchmidtDirector
  • Brian BeutnerDirector
  • Eric GulveDirector
  • Warren WatsonDirector
  • Jeff PetersExecutive Officer, Director
  • Robert CalcaterraDirector
  • Igor EfimovDirector
Offering amount
$1M
Amount sold
$889.9K
Minimum investment
$5K
First sale
Mar 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.6MraisedJun 2015 · 22 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Warren WatsonDirector
  • William SchmidtDirector
  • Robert J. CalcaterraDirector
  • Brian BuetnerDirector
  • M. Brent SheltonExecutive Officer
  • Paula SkjefteExecutive Officer, Director
  • Eric A. GulveExecutive Officer, Director
  • Igor EfimovDirector
Offering amount
$2M
Amount sold
$1.6M
Minimum investment
$10K
First sale
Mar 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.5MraisedJan 2014 · 18 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert J. CalcaterraDirector
  • Eric A. GulveExecutive Officer, Director
  • Warren WatsonDirector
  • Nick LannersExecutive Officer
  • Igor R. EfimovDirector
  • Brian BuetnerDirector
  • M. Brent SheltonExecutive Officer
  • Paula SkjefteExecutive Officer, Director
Offering amount
$4M
Amount sold
$2.5M
Minimum investment
$1
First sale
Dec 2013
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2020$2.8M
National Institutes of Health (NIH)National Institutes of HealthPhase II2017$2M
National Institutes of Health (NIH)National Institutes of HealthPhase ISTTR2012$250.7K
National Institutes of Health (NIH)National Institutes of HealthPhase I2011$216K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Cardialen Awarded $3 Million Federal Grant - Medical Product Outsourcingmpo-mag.com · Dec 2021Low-Shock Defibrillator Maker Cardialen Inc. Raises $17M | Twin Cities Businesstcbmag.com · Oct 2018

Frequently asked questions

Who founded Cardialen Inc?
Cardialen Inc was founded by Igor R. Efimov.
Who are Cardialen Inc's investors?
Cardialen Inc's investors include RiverVest Venture Partners.
How much funding has Cardialen Inc raised?
Cardialen Inc has disclosed $25.5M raised across 5 rounds.
Where is Cardialen Inc headquartered?
Cardialen Inc is headquartered in St. Louis, US.