Foldax: Funding, Investors & Team (Oct 2026)
Our Vision: To revolutionize the structural heart market with new material, design and manufacturing technology expanding patient access, improving product performance and significantly reducing costs.
Foldax has raised $27.0M across 2 funding rounds on record, the most recent an undisclosed round of $7.0M announced in Nov 2023.
That round is above the $4.9M median round size for Health Care companies tracked on FundedIQ over the last two years.
Foldax Company Profile and Key Stats
Latest funding round on record: Nov 2023.
Foldax Funding Rounds
Foldax raised $20.0M in an undisclosed round announced in Jun 2020.
3.4 years later, an undisclosed round of $7.0M was announced in Nov 2023.
Foldax Founders and Leadership Team
No contact details are on record for this team yet.
Foldax Funding Compared to Other Health Care Startups
Foldax's latest round of $7.0M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.
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Foldax Funding FAQs
What does Foldax do?
Our Vision: To revolutionize the structural heart market with new material, design and manufacturing technology expanding patient access, improving product performance and significantly reducing costs.
How much funding has Foldax raised?
Foldax has raised $27.0M across 2 rounds on record. The most recent is an undisclosed round of $7.0M announced in Nov 2023.
When did Foldax last raise funding?
Foldax's most recent funding round on record is an undisclosed round of $7.0M, announced in Nov 2023.
Who is the CEO of Foldax?
Frank Maguire is listed as CEO at Foldax.
Where is Foldax headquartered?
Foldax is based in Salt Lake City, Utah, United States.
How many employees does Foldax have?
Foldax is in the 11-50 employee band.
How does Foldax's funding compare to other Health Care startups?
Foldax's latest round of $7.0M is above the $4.9M median round size for Health Care companies on FundedIQ across 3,659 tracked companies over the last two years.
About FundedIQ's Foldax Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Foldax is left off this page rather than filled in.
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