# CardiaLen funding: rounds and investors > CardiaLen has raised $24M across 6 rounds since 2009. Investors include Cultivation Capital, St. Louis Arch Angels and BioGenerator. Source: https://millionrounds.com/company/cardialen (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # 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. Biotech Healthcare Funding summary Updated 26 Oct 2026 **$24M** raised across 6 rounds since 2009, from 6 sources **$337K** Debt **$2.4M** Debt **$138K** Seed **$2.5M** Series A **$1.5M** Series B **$17M** Series B - **Latest round:** Series B, $17M Oct 2018 - **Step-up i:** 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. 2011 2013 2015 2017 **$337K** Debt **$2.4M** Debt **$138K** Seed **$2.5M** Series A **$1.5M** Series B **$17M** Series B - **First round:** Debt, $337K - **Biggest round:** $17M - **Usual gap between rounds:** 17 months ## The rounds - **Oct 2018** Series B **$17M** *2 new* *1 returning* [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) [HBM Healthcare](https://millionrounds.com/fund/hbm-healthcare) RiverVest Venture Partners/ Qiming Reported by FinSMEs SEC filing: $890K sold, first sale Mar 2018 - **Mar 2015** Series B **$1.5M** *6 new* *1 returning* [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) [BioGenerator](https://millionrounds.com/fund/biogenerator) [St. Louis Arch Angels](https://millionrounds.com/fund/st-louis-arch-angels) [BELLE Capital](https://millionrounds.com/fund/belle-capital-usa-lp) [Heartland Angels](https://millionrounds.com/fund/heartland-angels) [Twin Cities Angels](https://millionrounds.com/fund/twin-cities-angels) Lambda Fund Management From a historical funding record SEC 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 record SEC filing: $2.5M sold, first sale Dec 2013 - **Sept 2012** Seed **$138K** *1 new* [St. Louis Arch Angels](https://millionrounds.com/fund/st-louis-arch-angels) Reported by bizjournals.com - **Dec 2011** Debt **$2.4M** *1 new* [Broadview Ventures](https://millionrounds.com/fund/broadview-ventures) Reported by sec.gov SEC filing: $2.4M sold, first sale Sept 2010 - **Aug 2009** Debt **$337K** No investor was named in the report. From a historical funding record SEC filing: $337K sold, first sale Jul 2009 ## Founders and team From the SEC filings it signed: 1 on the team. - **Jeff Peters** Executive Officer, Director i On the board, as filed i *Anna French* *Jay Schmelter* *Thomas Thaler* *Warren Watson* *William 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. **Debt** 2009 **Debt** 2011 **Seed** 2012 **Series A** 2014 **Series B** 2015 **Series B** 2018 [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) [St. Louis Arch Angels](https://millionrounds.com/fund/st-louis-arch-angels) [BioGenerator](https://millionrounds.com/fund/biogenerator) [Broadview Ventures](https://millionrounds.com/fund/broadview-ventures) [HBM Healthcare](https://millionrounds.com/fund/hbm-healthcare) [BELLE Capital](https://millionrounds.com/fund/belle-capital-usa-lp) [Heartland Angels](https://millionrounds.com/fund/heartland-angels) [Twin Cities Angels](https://millionrounds.com/fund/twin-cities-angels) Lambda Fund Management RiverVest Venture Partners/ Qiming ## Everyone who backed them [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) VC firm **2** rounds [St. Louis Arch Angels](https://millionrounds.com/fund/st-louis-arch-angels) Angel network **2** rounds [BioGenerator](https://millionrounds.com/fund/biogenerator) Venture studio **1** round [Broadview Ventures](https://millionrounds.com/fund/broadview-ventures) VC firm **1** round [HBM Healthcare](https://millionrounds.com/fund/hbm-healthcare) Growth equity **1** round [BELLE Capital](https://millionrounds.com/fund/belle-capital-usa-lp) Angel network **1** round [Heartland Angels](https://millionrounds.com/fund/heartland-angels) Growth equity **1** round [Twin Cities Angels](https://millionrounds.com/fund/twin-cities-angels) VC firm **1** round Lambda Fund Management no record of our own yet **1** round RiverVest Venture Partners/ Qiming no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cardialen). ## 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. [Lateral Capital Management](https://millionrounds.com/fund/lateral-capital-ma) VC firm Per its own site ## Quick answers about CardiaLen ### Who invested in CardiaLen? CardiaLen's investors include Cultivation Capital, St. Louis Arch Angels, BioGenerator, Broadview Ventures and HBM Healthcare, and 5 more on record. ### How much has CardiaLen raised? CardiaLen has raised $24M across 6 rounds since 2009. ### When did CardiaLen last raise? CardiaLen's most recent round was a Series B of $17M in Oct 2018. ### What was CardiaLen's biggest round? Its most recent round, $17M in Oct 2018, is also its largest on record. ### Who backed CardiaLen first? CardiaLen's first round on record, in Dec 2011, was backed by Broadview Ventures. ### What stage is CardiaLen at? CardiaLen's latest named round is a Series B, in Oct 2018. ### Where is CardiaLen based? CardiaLen is based in the United States. ## Companies like CardiaLen In the same sector, and raised in the last eighteen months. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app