Kardigan

South San Francisco, CA Biotechnology Public

Kardigan is a heart health company developing personalized medicines aimed at making cardiovascular disease curable, preventable, and no longer the leading cause of death. Launched in January 2025 by veterans of MyoKardia (acquired by Bristol Myers Squibb for ~$13B in 2020), Kardigan is advancing a late-stage clinical portfolio targeting underlying drivers of specific cardiovascular diseases. Its three lead programs are danicamtiv (licensed from Bristol Myers Squibb) for genetic dilated cardiomyopathy, tonlamarsen (licensed from Ionis) for acute severe hypertension, and ataciguat (developed by Sanofi and Mayo Clinic) for calcific aortic valve stenosis. The company combines a precision-medicine clinical strategy with digital health and patient-data tools, operating from offices in South San Francisco and Princeton, NJ.

Public Company

Kardigan is publicly traded

IPO'd on Jun 17, 2026

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2025

Employees

60–150

Total Funding

$954M

3 rounds

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $954M across 3 rounds

Last updated 06-25-2026

DateRoundAmount RaisedValuationLead Investors
Jun 17, 2026 IPO $400M Not disclosed
Oct 14, 2025 Series B Press release $254M Fidelity Management & Research Company
Jan 10, 2025 Series A $300M Perceptive Advisors, ARCH Venture Partners, Sequoia Heritage

Leadership

  • Tassos Gianakakos

    Co-Founder, CEO and Chair

  • Jay Edelberg

    Co-Founder and Chief Medical Officer

  • Robert McDowell

    Co-Founder and Chief Scientific Officer

  • Leslie Leinwand

    Co-Founder

  • Elizabeth McNally

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Cytokinetics

    Public cardiovascular biotech developing muscle-activating therapies including aficamten, a cardiac myosin inhibitor for hypertrophic cardiomyopathy that competes directly in the genetic cardiomyopathy space targeted by Kardigan's danicamtiv.

  • BridgeBio Pharma

    Public genetic disease company with cardiovascular focus, including acoramidis for ATTR cardiomyopathy, overlapping with Kardigan's precision cardiovascular medicine approach.

  • Tenaya Therapeutics

    Public biotech developing gene therapies and small molecules for genetic and acquired heart disease, including dilated and hypertrophic cardiomyopathies that overlap Kardigan's target indications.

  • Lexeo Therapeutics

    Clinical-stage genetic medicine company advancing AAV-based gene therapies for cardiovascular diseases including arrhythmogenic and Friedreich's ataxia cardiomyopathy, competing in the precision cardiac medicine space.

  • Ionis Pharmaceuticals

    Public RNA-targeted therapeutics company that out-licensed tonlamarsen (one of Kardigan's lead programs) but also retains a broad internal cardiovascular pipeline including ASO programs for lipid and cardiovascular disorders.

  • Edgewise Therapeutics

    Public clinical-stage biotech developing precision medicines for severe muscle disorders, including a cardiovascular pipeline targeting hypertrophic and dilated cardiomyopathies similar to Kardigan's focus.

Kardigan Investment FAQ

Kardigan FAQ

Kardigan is an early-stage clinical biotech that emerged from stealth in January 2025 with a $300M Series A and a late-stage clinical portfolio. With three programs in or approaching pivotal cardiovascular trials and a founding team that previously took MyoKardia public before its $13B BMS acquisition, the company is a credible long-term IPO or strategic acquisition candidate, but no exit path has been publicly disclosed and it remains early in its capital lifecycle.

Kardigan shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

Kardigan went public in Jun 17, 2026 via ipo. Kardigan is an early-stage clinical biotech that emerged from stealth in January 2025 with a $300M Series A and a late-stage clinical portfolio. With three programs in or approaching pivotal cardiovascular trials and a founding team that previously took MyoKardia public before its $13B BMS acquisition, the company is a credible long-term IPO or strategic acquisition candidate, but no exit path has been publicly disclosed and it remains early in its capital lifecycle.

Kardigan raised $954M across 3 disclosed funding rounds prior to its public listing.

Kardigan was co-founded by Tassos Gianakakos, Jay Edelberg, Robert McDowell, and 2 others in 2025.

Kardigan is headquartered in South San Francisco, CA.

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