CARDIALEN, INC.
Brooklyn Center, MN · Founded 2008 · CIK 0001470044 · Medtech · Acquired
Implantable low-energy multi-pulse cardiac defibrillator device for treating ventricular and atrial tachyarrhythmias
- Grants
- $6.1M
- 6 awards
- Sector median: 1
- Raised
- $26M
- 7 Form D · Jul 2021
- 63 months since last filing
- Contracts
- —
- No federal contracts on record
- Patents
- 6
- 1 granted · 5 pending
- Sector median: 2
Capital Timeline
Federal ↑Equity ↓20082010201220142016201820202022
| Date | Event | Source | Amount |
|---|---|---|---|
| Private capital raised | Form D · SEC | $337,380 | |
| Private capital raised | Form D · SEC | $305,000 | |
| Private capital raised | Form D · SEC | $2,508,000 | |
| Private capital raised | Form D · SEC | $1,607,463 | |
| Federal grant | Department of Health and Human Services · Phase II · Unpinning Termination Therapy for Ventricular Tachyarrhythmias | $1,351,728 | |
| Federal grant | Department of Health and Human Services · Phase II · Unpinning Termination Therapy for Ventricular Tachyarrhythmias | $641,076 | |
| Private capital raised· 1 of 2 same day | Form D · SEC | $889,909 | |
| Private capital raised· 2 of 2 same day | Form D · SEC | $16,072,047 | |
| Federal grant | Department of Health and Human Services · Phase II · Novel Therapy System for Atrial Fibrillation | $1,605,396 | |
| Federal grant | Department of Health and Human Services · Phase II · Implantable Unpinning Termination Therapy for Cardiac Arrhythmias | $999,374 | |
| Private capital raised | Form D · SEC | $4,376,645 | |
| Federal grant | Department of Health and Human Services · Phase II · Novel Therapy System for Atrial Fibrillation | $527,030 | |
| Federal grant | Department of Health and Human Services · Phase II · Implantable Unpinning Termination Therapy for Cardiac Arrhythmias | $999,810 |
Federal grant · SBIR/STTRForm D · SEC
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 869 | MAD Apparel, Inc. | — | — |
| 870 | AI Planning Logic Inc | — | $513K |
| 871 | Shaw Mountain Technology LLC | — | — |
| 872 | CARDIALEN, INC. | — | $26M |
| 873 | USGI MEDICAL INC | — | $33M |
| 874 | CLEARFLOW, Inc | — | $46M |
| 875 | NuAx, Inc. | — | $260K |
Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.
Founders & Team
- Brian BeutnerDirector
- Brian BuetnerDirector
- Robert CalcaterraDirector
- ROBERT CALCATERRADirector · Executive Officer
- Igor EfimovDirector
- IGOR EFIMOVDirector
- Anna FrenchDirector
- Eric GulveDirector · Executive Officer
- ERIC GULVEDirector
- Nick LannersExecutive Officer
- Jeff PetersDirector · Executive Officer
- Jay SchmelterDirector
- William SchmidtDirector
- M. SheltonExecutive Officer
- Paula SkjefteDirector · Executive Officer
- PAULA SKJEFTEDirector
- Thomas ThalerDirector
- D. THOMASDirector · Executive Officer
- Warren WatsonDirector
Patents
- Multi-stage Atrial Cardioversion Therapy Leadsgranted
- Post Operative Atrial Fibrillationapplication
- Post-operative Devices And Therapy Methods Thereforapplication
- Systems, Devices, And Related Methods For Cardiac Arrhythmia Therapiesapplication
- Cardiac Therapies And Methods Thereofapplication
- Low-energy Atrial Cardioversion Therapy With Controllable Pulse-shaped Waveformsapplication
Regulatory activity · Medtech
- New Animal Drugs; Approval of New Animal Drug Applications; Withdrawal of Approval of New Animal Drug Application; Change of SponsorFood and Drug Administration
- Medical Devices; General and Plastic Surgery Devices; Classification of the Skin Patch for Treatment of HyperhidrosisFood and Drug Administration
- Medical Devices; Anesthesiology Devices; Classification of the Monitor for Opioid Induced Impairment of OxygenationFood and Drug Administration
- Medical Devices; Orthopedic Devices; Classification of the Medial Knee Implanted Shock AbsorberFood and Drug Administration
- Medical Devices; Neurological Devices; Classification of the External Lower Extremity Nerve Stimulator for Restless Legs SyndromeFood and Drug Administration
- Medical Devices; General Hospital and Personal Use Devices; Classification of the Infant Supine Sleep SystemFood and Drug Administration
Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.