Cardurion

Boston, United States Founded: 2017 • Age: 9 yrs
Therapeutics for heart and cardiovascular diseases are developed.
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About Cardurion

Cardurion is a company based in Boston (United States) founded in 2017.. Cardurion has raised $270 million across 5 funding rounds from investors including Fidelity Investments, Farallon Capital Management and Bain Capital Private Equity. Cardurion offers products and services including PDE9 Inhibitor and CaMKII Inhibitor. Cardurion operates in a competitive market with competitors including Tenaya Therapeutics, Cellino, Arrakis Therapeutics, MyoKardia and Eiger BioPharmaceuticals, among others.

  • Headquarter Boston, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $270 M (USD)

    in 5 rounds

  • Latest Funding Round
    $260 M (USD), Series B

    Jul 10, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Cardurion

Cardurion offers a comprehensive portfolio of products and services, including PDE9 Inhibitor and CaMKII Inhibitor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Inhibits PDE9 to treat chronic heart failure in patients.

Inhibits CaMKII for managing arrhythmias and related diseases.

People of Cardurion
Headcount 10-50
Employee Profiles 22
Board Members and Advisors 1
Employee Profiles
People
Steve Migausky
SVP & General Counsel
People
Peter Lawrence
President & CEO
People
Hillary McKellar (Brennan)
Vice President, Clinical Operations
People
Connor Shea
Controller, Director Of Finance

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Board Members and Advisors
people
Michael E. Mendelsohn
Founder & Chairman

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Funding Insights of Cardurion

Cardurion has successfully raised a total of $270M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $260 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series B — $260.0M
  • First Round

    (04 Apr 2017)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2024 Amount Series B - Cardurion Valuation Ascenta Capital
Dec, 2022 Amount Debt – Conventional - Cardurion Valuation

investors

Oct, 2021 Amount Series B - Cardurion Valuation Bain Capital Life Sciences , Bain Capital Private Equity
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cardurion

Cardurion has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity Investments, Farallon Capital Management and Bain Capital Private Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Ascenta Capital is focused on biopharma investment and growth.
Founded Year Domain Location
Venture capital investments are offered to startups by NEA.
Founded Year Domain Location
Corporate backed venture capital fund investing in multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cardurion

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Cardurion

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cardurion Comparisons

Employees
+
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Competitors of Cardurion

Cardurion operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tenaya Therapeutics, Cellino, Arrakis Therapeutics, MyoKardia and Eiger BioPharmaceuticals, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Regenerative and gene therapeutics for heart failure are developed.
domain founded_year HQ Location
Developer of autologous cell therapies
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Provider of tools for the analysis of RNA structures
domain founded_year HQ Location
Specialized drugs are developed for genetic heart diseases.
domain founded_year HQ Location
Developer of antiviral agents against targets in the treatment of hepatitis
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cardurion

Frequently Asked Questions about Cardurion

When was Cardurion founded?

Cardurion was founded in 2017.

Where is Cardurion located?

Cardurion is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is Cardurion a funded company?

Cardurion is a funded company, having raised a total of $270M across 5 funding rounds to date.

What does Cardurion do?

Cardurion was founded in 2017 and is located in Boston, United States. Therapeutics targeting heart and cardiovascular diseases are developed within the biotechnology sector. Operations center on clinical-stage drug programs, including the proprietary CRD-733, a PDE-9 inhibitor designed to enhance cardiac function and mitigate dysfunction in heart failure patients. Focus remains on advancing treatments for cardiovascular conditions through targeted inhibition mechanisms.

Who are the top competitors of Cardurion?

Cardurion's top competitors include Esperion Therapeutics, Tenaya Therapeutics and Cellino.

What products or services does Cardurion offer?

Cardurion offers PDE9 Inhibitor and CaMKII Inhibitor.

Who are Cardurion's investors?

Cardurion has 13 investors. Key investors include Fidelity Investments, Farallon Capital Management, Bain Capital Private Equity, Blue Owl, and Ascenta Capital.

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