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Foldax

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Synthetic heart valve development to deliver non-thrombogenic aortic and mitral valves at dramatically lower costs than existing valves

Salt Lake City, United StatesFounded 2013Other B2B Software
Valuation $100–250M Last recorded · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Foldax and the history behind them.

About Foldax

Foldax is a medical technology company specializing in the development and manufacturing of advanced polymer-based heart valves. The company serves patients requiring heart valve replacement, targeting the cardiovascular medical device market. Foldax operates on a business-to-business model, partnering with hospitals and healthcare providers to supply their innovative heart valves. The company's revenue is generated through the sale of these medical devices, which are designed to offer superior durability and biocompatibility compared to traditional options. Foldax leverages cutting-edge polymer science and robotic manufacturing techniques to produce heart valves that aim to improve patient outcomes and reduce the need for repeat surgeries. The company collaborates with leading research institutions like Caltech and CSIRO to ensure their products meet the highest standards of safety and efficacy.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Salt Lake City, United States
Employees
39
Open positions
1
Dealroom signal
35.9/100
Industry
Enterprise Software
Sector
Other B2B Software, Hard Tech
Business model
Manufacturing, SaaS

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES D✓Equity / VC Jun 2020 $20M $80M Kairos Ventures · BioStar Capital · MemorialCare Innovation Fund · CalTech —
EARLY VC✓Equity / VC Dec 2018 $10M $41M Undisclosed —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Foldax website traffic

Latest recorded traffic for Foldax is 1.4K monthly website visits, down 26.3% over the last three months. Foldax's team declined 15.2% over the past year.

Latest monthly visits1.4K 3-month web change-26.3% 1-year team growth-15.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later4 investors entered at this stage

  • MemorialCare Innovation Fund
  • Kairos Ventures
  • BioStar Capital
  • CalTech

Other known investors1 additional known investor

  • David Park
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States72%
🇮🇳 India28%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Foldax on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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