Companies · Other Health Care

Kardium Inc.

BURNABY · Other Health Care

Diligence memoA one-page analyst read on Kardium Inc. — recommendation, valuation, rhythm, risks.
$117.4M
Total raised · real
3
Rounds
432.0×
Latest step-up
Top 4%
Sector rank · raised
Series D+
Latest stage · inferred · Wed Dec 30 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Kardium Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health care sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.73× the median modeled value of Series D+ Other Health Care companies in 2019–2021 (26 peers) — value vs value, same stage and era.
  • Within the normal band (73% of peer median) for its niche.
Dormant
  • Last raise 5.5 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Health Care

Kardium Inc. is one of 5376 Other Health Care companies tracked from BURNABY. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
29
Investors (latest)
2020-12-30
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3B$2.5B$3.8B$5.0BPre-Seed · 2010-07-22 Raised $868K (real) Modeled valuation $27M (est)$868K$27MPre-Seed2010Pre-Seed · 2014-03-26 Raised $269K (real) Modeled valuation $8.3M (est)$269K$8.3MPre-Seed2014Series D+ · 2020-12-30 Raised $116M (real) Modeled valuation $2.4B (est)$116M$2.4BSeries D+2020+$269K+$116MCumulative $117M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$868K · 2010
Pre-Seed extension$269K · 2014
Series D+$116.3M · 2020no Seed / Series A / Series B / Series C on file

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$2.4B
Base estimate est.
$619.5M
Conservative case
$5.0B
Upside case
$969.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $26.7M · 2010-07-222010Pre-Seed · modeled $8.3M · 2014-03-26Series D+ · modeled $2.4B · 2020-12-302020
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
80%
Survival probability
64% low · 88% high
1.23×/yr
Annual markup
1.38×/yr upside case
5.5 yr
Elapsed time used
5.5 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
63 mo
Avg between rounds
$11.2M/yr
Capital velocity
15.9 yr
On record since
2010
First round
3
Rounds on file
How it compares to the market

Benchmarked against 5376 companies in Other Health Care. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 48× above median
This company$117.4M
Sector median$2.4M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.9× of median
This company$116.3M
Sector median$123.0M
Modeled value — vs sector median (estimate, all stages) 109× above median
This company$2.4B
Sector median$22.1M

Raised more than 97% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #18 of 26.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0BCapital raised (log)ZAHN Parent, LLC · Series D+ Raised $379.9M · modeled $8.7B (est)Covetrus, Inc. · Series D+ Raised $361.1M · modeled $8.3B (est)EQH Parent, LLC · Series D+ Raised $334.2M · modeled $6.7B (est)SonerMed, LLC · Series D+ Raised $300.0M · modeled $6.7B (est)Fs Usme Lp · Series D+ Raised $282.0M · modeled $6.0B (est)Medable Inc. · Series D+ Raised $501.0M · modeled $5.4B (est)Cedar Cares, Inc. · Series D+ Raised $569.4M · modeled $5.1B (est)Inotiv, Inc. · Series D+ Raised $280.1M · modeled $4.8B (est)Orca BioSystems Inc · Series D+ Raised $192.0M · modeled $4.4B (est)Magnolia (MH) Holdings, L.P. · Series D+ Raised $259.8M · modeled $4.4B (est)eHealth, Inc. · Series D+ Raised $225.0M · modeled $4.4B (est)ECG Europe, Inc. · Series D+ Raised $200.0M · modeled $3.6B (est)Kardium Inc. (this company) Raised $117.4M · modeled $2.4B (est)Kardium Inc.
CompanyStageRaised · realValue · estvs peer med.
ZAHN Parent, LLCSeries D+$379.9M$8.7B2.64×
Covetrus, Inc.Series D+$361.1M$8.3B2.51×
EQH Parent, LLCSeries D+$334.2M$6.7B2.04×
SonerMed, LLCSeries D+$300.0M$6.7B2.02×
Fs Usme LpSeries D+$282.0M$6.0B1.80×
Medable Inc.Series D+$501.0M$5.4B1.63×
Cedar Cares, Inc.Series D+$569.4M$5.1B1.54×
Inotiv, Inc.Series D+$280.1M$4.8B1.45×
Orca BioSystems IncSeries D+$192.0M$4.4B1.33×
Magnolia (MH) Holdings, L.P.Series D+$259.8M$4.4B1.33×
eHealth, Inc.Series D+$225.0M$4.4B1.32×
ECG Europe, Inc.Series D+$200.0M$3.6B1.09×
Kardium Inc. this companySeries D+$117.4M$2.4B0.73×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$868K2010-07-22$4.8M$26.7M85%
Pre-Seed$269K2014-03-26$1.5M$8.3M85%
Series D+$116.3M2020-12-30$969.2M$2.4B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$868K2010-07-22
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$269K2014-03-26
    • Raised again after 44 mo — slower than the ~14 mo sector norm.
    • Round 3.2× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 2 investors on this round.
  3. Series D+$116.3M2020-12-30
    • Raised again after 81 mo — slower than the ~14 mo sector norm.
    • Round 432.0× larger than the prior — scaling up.
    • 29 investors on this round.
Intelligence
2026 ~Q1
Modeled next raise · ~63mo cadence
$348.9M
Modeled next size est.range $226.8M$558.2M
432.0×
Last step-up
$11.2M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
David Rosa4 other2020-12
Ian Ihnatowycz2 other2020-12
Amos Michelson1 other2010-07
Doug Goertzen1 other2010-07
Kevin Chaplin1 other2020-12
Armos Michelson2014-03
Manuel Alba-Marquez2010-07
Sam Lichtenstein2010-07
Registry & provenance

Kardium Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1498163
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
12573849 Canada Inc.Other Health CareSeed$3.1M$61.1Mnetwork2 shared operators · same sector
AC Special Purpose Vehicle LLCOther Health CareSeries D+$123.0M$2.6Bsame sector · same stage
Renovaro Inc.Other Health CareSeries D+$123.3M$1.2Bsame sector · same stage
Mmi Holdings IncOther Health CareSeries D+$109.0M$2.5Bsame sector · same stage
VSH CorpOther Health CareSeries D+$108.2M$2.5Bsame sector · same stage
Ember Management Aggregator, L.P.Other Health CareSeries D+$129.9M$1.8Bsame sector · same stage
Heska CorpOther Health CareSeries D+$132.1M$2.8Bsame sector · same stage
OneOncology Parent Holdings, LLCOther Health CareSeries D+$103.0M$2.4Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
KarnaTeq, Inc.Other Health CarePre-Seed$7.7M87%
Kalogon, Inc.Other Health CareSeed$5.8M84%
Cardia, Inc.Other Health CareSeed$9.0M84%
Dynocardia, Inc.Other Health CareSeed$4.1M84%
Cardionomic, Inc.Other Health CareSeries B$76.2M83%
National Cardiac Inc.Other Health CarePre-Seed$17.9M83%
Akadeum Life Sciences, Inc.Other Health CareSeries A$20.5M83%
VasoCardea, Inc.Other Health CarePre-Seed$24.4M82%
Frequently asked
How much funding has Kardium Inc. raised?
Kardium Inc. has raised approximately $117.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Kardium Inc.'s estimated valuation?
Provath's modeled valuation for Kardium Inc. is approximately $2.4B (modeled range $619.5M–$5.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Kardium Inc. at?
Kardium Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed Dec 30.
What does Kardium Inc. do and where is it based?
Kardium Inc. operates in the Other Health Care sector, based in BURNABY.
Explore related

See where Kardium Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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