Future Cardia
About this raise: Future Cardia, with a valuation of $40.11 million, is raising funds on StartEngine. It is a medical technology startup manufacturing a heart failure cardiac monitor. The monitor is a small device that uses remote monitoring technology and artificial intelligence to gather comprehensive cardiac data. Future Cardia is one of the companies selected by Johnson & Johnson Innovation to join its global network to create life-saving wellness solutions. Jae Bang founded Future Cardia in 2019. The current crowdfunding campaign has a minimum target of $9,997.55 and a maximum target of $5 million. The campaign proceeds will be used for FDA meetings, patent protection, GEN ONE architecture, manufacturing, clinical operations in the EU, and operations.
Investment Overview
Invested : $3,498,881
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 03/06/2023
- Close Date
- 06/03/2024
$9,998
$4,999,999
$266
Equity - Common
Series A
RegCF
$2.95
$40,112,855
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- High
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $9,236,904
- VC Backed?
- No
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Future Cardia | 03/27/2025 | StartEngine | $46,899,441 | $698,244 | Equity - Common | Active | RegCF |
| Future Cardia | 12/19/2024 | Wefunder | $44,206,629 | $1,751,155 | Equity - Common | Funded | RegCF |
| Future Cardia | 06/03/2024 | StartEngine | $40,112,855 | $3,498,881 | Equity - Common | Funded | RegCF |
| Future Cardia | 06/20/2022 | StartEngine | $20,000,000 | $3,114,169 | Equity - Common | Funded | RegA+ |
| Oracle Health | 08/29/2021 | Republic | $20,000,000 | $3,289,558 | Equity - Common | Funded | RegA+ |
| Oracle Health | 03/23/2020 | Microventures | $5,000,000 | $275,104 | SAFE | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Employee History
Company Updates
When I invest in companies, I look for a great founder with the passion and commitment that will help them handle the ups and downs of leading a startup. This is what I saw in Jaeson Bang, so I took the opportunity to personally invest in Future Cardia’s last round.
More than 250 KingsCrowd users did the same. And it makes sense. Future Cardia created a precise heart monitor in a space with few competitors, and Jae managed to gather a team of very smart professionals to grow the company.
Now Future Cardia is raising again on StartEngine. I’m curious to know more about the company’s progress in the last year and its plans for the future, both as an analyst and an investor. So I checked in with Jae to get an update on the company.