Diligence memo · auto-generated · as of July 2, 2026
World Heart Corp
World Heart Corp looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
World Heart Corp operates in Other Health Care, based in SALT LAKE CITY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
World Heart Corp has raised $33M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $25M on 2010-10-13.
Most recent recorded round closed around 2010-10-13.
Valuation (modeled)modeled
Provath models World Heart Corp at approximately $561M (range $59M–$2.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.31× the median modeled value of Series B Other Health Care companies in 2010–2012 (50 peers) — value vs value, same stage and era. Within the normal band (131% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 15.7 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 89% of Other Health Care peers (5377 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Cell MDX, LLC, OptiMedica Corp, Riverchase Holdings Mso, Llc, CDRT Holding Corp, Pivot Medical Inc.
Peoplefiled
13 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.