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Cardialen

Cardialen Improves the Lives of People with Atrial Fibrillation by Restoring Their Natural Heartbeat

  • Stage Product In Development
  • Industry Medical Devices and Equipment
  • Location Minneapolis, MN, USA
  • Currency USD
  • Founded July 2009
  • Employees 4
  • Website cardialen.com

Company Summary

Cardialen is an early-stage medical device company developing a revolutionary therapy to treat Atrial Fibrillation (AF). AF is the most common cardiac arrhythmia encountered in clinical practice, costing more than $26 billion dollars and 80,000 lives per year in the US alone. Cardialen will develop the first highly-effective, well-tolerated implantable pacemaker-like AF therapy device, designed to reduce the costs, symptoms and sequelae of AF.

Team

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    Paula Skjefte
    CEO / Executive Chairman

    Paula, MBA/BSN, brings over 30 years of medical device and healthcare experience, as an executive and VP at Medtronic and as the former President and CEO of Waterford Consulting, a group focused on driving growth in medical technology companies. She serves board medical company boards, is a NACD Fellow and Women Corporate Directors board member and is a frequent speaker on strategies for building growth businesses in regulated medical markets.

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    Brent Shelton
    VP Development

    Brent, MBA/MSEE, brings over 30 years of medical device experience, with 27 at Medtronic, including implantable AF device product development and product development leadership, new therapy research and development, upstream and downstream marketing, and business development. Brent is also the Co-Founder and Chairman of Twin Cities Angels, an entrepreneurial-minded fund, and has operating experience in other start-ups in finance and technology.

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    Nick Lanners
    VP Operations

    Nick, BSCS, brings over 30 years of development and operations experience across several engineering disciplines, including implantable device product development, technology management, manufacturing, project management, and device operations. Nick has served as a Senior Director at Medtronic for an implantable product development organization, as a partner in a consulting firm specializing in medical devices and a program leader at Honeywell.

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    Travis Murphy
    CFO

    Travis Murphy, CPA/MBA, brings 30 years of experience as a financial executive with several start-ups and emerging medical and technology companies, and brings finance and accounting leadership, administration, human resource management and private and public capital experience to the organization.

Advisors

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    Polsinelli Shughart (Business); Patterson Thuente (IP)
    Lawyer
    Unconfirmed
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    Stone Carlie
    Accountant
    Unconfirmed

Previous Investors

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    Broadview Ventures
    Unconfirmed
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    Arch Angels
    Unconfirmed
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    BioGenerator
    Unconfirmed