Who invested in CardiaLen

6 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

BiotechHealthcare

Funding summaryUpdated 26 Oct 2026

$24Mraised across 6 rounds since 2009, from 6 sources

$337KDebt$2.4MDebt$138KSeed$2.5MSeries A$1.5MSeries B$17MSeries B

Latest round: Series B, $17MOct 2018
Step-upi: 11.2×
Investors: 10

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2011201320152017

$337KDebt$2.4MDebt$138KSeed$2.5MSeries A$1.5MSeries B$17MSeries B

First round: Debt, $337K
Biggest round: $17M
Usual gap between rounds: 17 months

The rounds

Oct 2018
Series B$17M2 new1 returning
- Cultivation Capital
- HBM Healthcare
- RiverVest Venture Partners/ Qiming
Reported by FinSMEsSEC filing: $890K sold, first sale Mar 2018
Mar 2015
Series B$1.5M6 new1 returning
- Cultivation Capital
- BioGenerator
- St. Louis Arch Angels
- BELLE Capital
- Heartland Angels
- Twin Cities Angels
- Lambda Fund Management
From a historical funding recordSEC filing: $1.6M sold, first sale Mar 2015
Jan 2014
Series A$2.5M
No investor was named in the report.
From a historical funding recordSEC filing: $2.5M sold, first sale Dec 2013
Sept 2012
Seed$138K1 new
- St. Louis Arch Angels
Reported by bizjournals.com
Dec 2011
Debt$2.4M1 new
- Broadview Ventures
Reported by sec.govSEC filing: $2.4M sold, first sale Sept 2010
Aug 2009
Debt$337K
No investor was named in the report.
From a historical funding recordSEC filing: $337K sold, first sale Jul 2009

Founders and team

From the SEC filings it signed: 1 on the team.

Jeff PetersExecutive Officer, Directori

On the board, as filediAnna FrenchJay SchmelterThomas ThalerWarren WatsonWilliam Schmidt

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Debt2009Debt2011Seed2012Series A2014Series B2015Series B2018

Cultivation Capital

St. Louis Arch Angels

BioGeneratorBroadview VenturesHBM Healthcare

BELLE Capital

Heartland AngelsTwin Cities AngelsLambda Fund ManagementRiverVest Venture Partners/ Qiming

Everyone who backed them

Cultivation CapitalVC firm2rounds

St. Louis Arch AngelsAngel network2rounds

BioGeneratorVenture studio1round

Broadview VenturesVC firm1round

HBM HealthcareGrowth equity1round

BELLE CapitalAngel network1round

Heartland AngelsGrowth equity1round

Twin Cities AngelsVC firm1round

Lambda Fund Managementno record of our own yet1round

RiverVest Venture Partners/ Qimingno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists CardiaLen as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.