Fundraising Fox

Cardio Flow

St. Paul, US · Founded 2010 · Delaware corporation

cardioflow.net

Cardio Flow develops FreedomFlow, an atherectomy platform used by physicians to treat peripheral artery disease (PAD) across a range of vessel diameters. The system uses diamond-coated rotating spheres on a driveshaft to clear complex arterial lesions and is intended for hospitals, ambulatory surgery centers, and office-based labs.

BiotechHardwareHealthtechMedical Devices

Founders & leadership

MJ
Michael J. KallokExecutive

Board

GM
Gary M. PetrucciBoard director
SC
Steven C. SimonBoard director
GM
Gary McCordBoard director
DB
David BrinkBoard director

Reported raises · per SEC filings

Form D private placements

$14.8M disclosed across 12 of 14 rounds · 2015–2024

$400KraisedJun 2024 · 3 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Gary McCordDirector
  • Steven SimonDirector
  • Gary PetrucciDirector
  • David BrinkDirector
  • Michael KallokExecutive Officer, Director
  • Jihad MustaphaExecutive Officer, Director
Offering amount
$5M
Amount sold
$400K
Proceeds to insiders
$370K
First sale
Jun 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$100KraisedSep 2023 · 2 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • David BrinkDirector
  • Gary McCordDirector
  • Steven SimonDirector
  • Gary PetrucciDirector
  • Michael KallokExecutive Officer, Director
  • Jihad MustaphaDirector
Offering amount
$2M
Amount sold
$100K
Minimum investment
$25K
Proceeds to insiders
$160K
First sale
Sep 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.1MraisedMay 2023 · 12 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Gary PetrucciDirector
  • Michael KallokExecutive Officer, Director
  • Jihad MustaphaDirector
  • Steven SimonDirector
  • David BrinkDirector
  • Gary McCordDirector
Offering amount
$2.5M
Amount sold
$1.1M
Minimum investment
$25K
Proceeds to insiders
$210K
First sale
Mar 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$200KraisedSep 2021 · 3 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gary McCordDirector
  • Steven SimonDirector
  • David BrinkDirector
  • Gary PetrucciDirector
  • Michael KallokExecutive Officer, Director
  • Jihad MustaphaDirector
Offering amount
$12M
Amount sold
$200K
Minimum investment
$25K
First sale
Aug 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.7MraisedApr 2021 · 12 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gary PetrucciDirector
  • Jihad MustaphaDirector
  • David BrinkDirector
  • Michael KallokExecutive Officer, Director
  • Steven SimonDirector
  • Gary McCordDirector
Offering amount
$4.5M
Amount sold
$2.7M
First sale
Mar 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$489KraisedJan 2021 · 7 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael KallokExecutive Officer, Director
  • Gary PetrucciDirector
  • Jihad MustaphaDirector
  • David BrinkDirector
  • Gary McCordDirector
  • Steven SimonDirector
Offering amount
$650K
Amount sold
$489K
First sale
Jan 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.2MraisedMay 2020 · 7 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gary McCordDirector
  • Gary PetrucciDirector
  • Steven SimonDirector
  • David BrinkDirector
  • Michael KallokExecutive Officer, Director
  • Jihad MustaphaDirector
Offering amount
$3.5M
Amount sold
$1.2M
First sale
May 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$360KraisedFeb 2020 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • DAVID BRINKDirector
  • STEVEN SIMONDirector
  • GARY PETRUCCIDirector
  • JIHAD MUSTAPHADirector
  • GARY MCCORDDirector
  • MICHAEL KALLOKExecutive Officer, Director
Offering amount
$3M
Amount sold
$360K
First sale
Jan 2020
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.

Competitors · 6

by search overlap
HeartFlow22 shared keywordsHeartflow provides an AI-based analysis that converts a coronary CTA scan into a personalized 3D model of the heart, assessing anatomy and physiology to help diagnose and manage coronary artery disease (CAD). Its platform, Heartflow One, is used by cardiologists and clinicians to guide diagnosis and treatment decisions for patients.
American Endovascular18 shared keywordsOutpatient centers for treatment of peripheral artery disease.
Clearflow14 shared keywordsClearFlow develops PleuraFlow Active Clearance Technology, a device that maintains chest drain patency after cardiac surgery to reduce Retained Blood Syndrome complications, along with products for sternal fixation and reconstruction following sternotomy. The products are used in ICU and surgical settings for post-cardiac-surgery patient care.
Corflow13 shared keywordsCorFlow develops the Controlled Flow Infusion (CoFI) System, a catheter-based device for cardiologists to diagnose microvascular obstruction in heart attack (STEMI) patients and deliver therapeutic agents directly into the vasculature during PCI procedures. The medical device integrates into existing catheterization workflows to detect MVO and support cardiac treatment.
Texas Endovascular12 shared keywordsTexas Endovascular is a network of clinics staffed by board-certified interventional radiologists offering minimally invasive, image-guided treatments for conditions including uterine fibroids, vein disease, peripheral artery disease, enlarged prostate, hemorrhoids, and joint pain. It serves patients across the Greater Houston and Dallas–Fort Worth areas.
Medflow12 shared keywordsMedFlow is an AI-powered clinical operations platform that automates outpatient care workflows such as scheduling, patient prep, care coordination, and closing care gaps, with bidirectional integration into EHRs like athenaOne, HIEs, labs, and engagement tools. It serves healthcare providers and practices, including primary care and specialty practices, to support population health operations and performance-based reimbursement.

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

Frequently asked questions

What does Cardio Flow do?
Cardio Flow develops FreedomFlow, an atherectomy platform used by physicians to treat peripheral artery disease (PAD) across a range of vessel diameters. The system uses diamond-coated rotating spheres on a driveshaft to clear complex arterial lesions and is intended for hospitals, ambulatory surgery centers, and office-based labs.
How much funding has Cardio Flow raised?
Cardio Flow has disclosed $14.8M raised across 12 of its 14 known rounds.
Where is Cardio Flow headquartered?
Cardio Flow is headquartered in St. Paul, US.