Funding profile · Continuous vital sign monitoring
Vena Vitals
A seven year old medical device company with $3.20 million of federal grants on the public record, no Form D on file with the SEC, and funding trackers that disagree with each other by a factor of five.
Data as of September 22, 2026. Company-reported and tracker-reported figures are labeled.
Rounds at a glance
| When | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2020 | Y Combinator, Summer 2020 | Not disclosed | Y Combinator | YC data |
| Feb 2021 | NSF SBIR Phase I, award 2036639 | $256,000 | National Science Foundation | NSF |
| May 2022 to 2025 | NIH NHLBI, four awards | $1,445,563 | National Heart, Lung, and Blood Institute | NIH |
| Mar 2023 | NSF SBIR Phase II, award 2213169, plus a Phase IIB increment in FY2025 | $1,500,000 obligated against a $1,000,000 estimated total | National Science Foundation | NSF |
| Aug 2023 | Seed, per three trackers | Not disclosed | Morado Ventures named as a first investor | Trackers |
| Mar to Jul 2025 | Seed, per two trackers; one reports a $10.0M Series A in May 2025 | $1.9M, $10.0M or not disclosed | AME Cloud Ventures, Soma Capital, Samsung Next, Sunstone Management, Pi Campus, Desert Forge Ventures across sources | Trackers disagree |
| Mid 2026 | Described in trade coverage as a late seed stage company getting ready for Series A | Not disclosed | None named | Independent |
What the filings show
SEC EDGAR · company and full text search · checked Sep 22, 2026
- Company search
- Form D filers matching “vena vitals”: none. No CIK exists under the company name.
- Full text search
- One document in the entire EDGAR corpus contains the phrase, a Form C-AR filed by Makani Science Inc. on Apr 29, 2026. Vena Vitals is not the issuer.
- Reading
- Equity raised to date was placed without a Regulation D notice, or under Section 4(a)(2), which requires no Form D at all.
NSF award 2213169 · SBIR Phase II and Phase IIB · awarded Mar 9, 2023
- Period
- Mar 15, 2023 to Feb 28, 2027
- Estimated total
- $1,000,000
- Obligated
- FY2023 $1,000,000 and FY2025 $500,000, total $1,500,000
- Instrument
- Cooperative agreement, program Biomedical Engineering and Diagnostics, SBIR Phase IIB
- Principal investigator
- Joshua Kim
- Awardee address
- 5270 California Ave Ste 300, Irvine, CA 92617. UEI EHSLFPGBL8K5
NIH RePORTER · NHLBI · FY2022 to FY2025
- R33HL163749
- Beat-to-Beat Blood Pressure Monitoring During Sleep. $415,577 in FY2022 and $427,190 in FY2023
- R43HL170868
- Wearable alert system for detecting postoperative hypotension. $295,924, FY2023
- R43HL180283
- Continuous Non-Invasive Blood Pressure during Sleep as a Cardiovascular Biomarker. $306,872, FY2025, running to Mar 23, 2027
- Principal investigator
- Joshua Kim, all four
Reading the filings
- Every hard number is a grant.NSF $1,756,000 plus NIH $1,445,563 equals $3,201,563 that can be checked line by line. Every equity figure attached to this company comes from a tracker, not a filing.
- The trackers are not close.One puts total funding at $10.7M with a $10.0M Series A in May 2025. One puts it at $3.12M. One puts it at $2.1M with a $1.9M seed in March 2025. A fourth records five rounds with amounts undisclosed and the last one in August 2023. A spread of five times on the same company is a sign that nobody has seen a priced round documented.
- Independent reporting sides with the low end.A mid 2026 trade piece describes Vena Vitals as a late seed stage company getting ready for Series A funding. That is hard to reconcile with a $10.0M Series A closed in May 2025, and the SEC record contains nothing that would settle it.
- The Phase II grew by half.NSF estimated $1,000,000 for award 2213169 and has obligated $1,500,000, the extra $500,000 landing in FY2025 under a line the award record labels SBIR Phase IIB. The award was amended as recently as Sep 10, 2025, so the federal reviewers were still funding the program a year ago.
- Non-dilutive capital carries the clinical work.The two sleep awards and the postoperative hypotension award fund exactly the indications the company is pursuing. If the true equity total is nearer $3M than $10M, grants are roughly half of everything raised.
- The principal investigator is a founder, not a hire.Joshua Kim is named on all six federal awards. Concentration in one scientist is a risk the filings make visible.
Commercial signals
| Signal | Detail | Source type |
|---|---|---|
| Regulatory | No FDA 510(k) for Vena Vitals or VeriTrack in the openFDA database as of Sep 22, 2026. The company says a submission is in review. | Public record |
| Revenue | None reported. The website states the product is “not yet commercially available”. | Company-stated |
| Clinical evidence | One registered study, NCT06887465, at Thomas Jefferson University, still not yet recruiting. One peer-reviewed validation paper, 17 patients, 2021. | Public record |
| Intellectual property | One published US application assigned to Vena Vitals, Inc., US 2023/0380770 A1, filed Aug 9, 2023. No grant found. | Public record |
| Headcount | Fourteen employees reported in Feb 2026, nine of them UC Irvine alumni. Sites in Irvine, CA and Las Vegas, NV. | Company-stated |
| Competitors already cleared | Caretaker Medical since 2016, Biobeat since 2019, PyrAmes since 2023. | Public record |
What to watch
- A first Form D. It is due within 15 days of the first sale in any Regulation D offering, and none has ever been filed.
- An FDA clearance, which would convert the grant record into a commercial one.
- Whether a Series A is announced with a named lead, which would resolve the tracker disagreement.
- The NSF Phase II end date of Feb 28, 2027 and the NIH R43 running to Mar 23, 2027. After that the non-dilutive runway stops.
- Any Nevada disclosure tied to the Desert Forge Ventures investment.
The Vena Vitals story on Healthcare DiscoveryHealthcare Discovery
Related companies
Sources
- Public recordSEC EDGAR company search and full text search for Vena Vitals
- Public recordNSF awards 2036639 and 2213169, including obligation history
- Public recordNIH RePORTER awards R33HL163749, R43HL170868 and R43HL180283
- Public recordopenFDA 510(k) database queries for Vena Vitals and VeriTrack
- Public recordClinicalTrials.gov NCT06887465
- TrackerVena Vitals funding record, $10.7M raised and a $10.0M Series A in May 2025
- TrackerVena Vitals funding rounds and investors, five rounds, amounts undisclosed
- TrackerVena Vitals valuation and funding record, $3.12M total
- TrackerVena Vitals private market view, $2.1M raised and a $30.0M last reported valuation
- IndependentLas Vegas Startup Cracks Continuous Blood Pressure Monitoring
- CompanyVena Vitals website, home and technology pages
- CompanyVena Vitals company profile and open roles
Compiled from SEC, NSF, NIH and FDA public records and published reports as of September 22, 2026. Form D notices report offerings under Regulation D; no such notice has been filed by this company, and private placements made under Section 4(a)(2) require none. Healthcare Venture Capital Fund holds no position in Vena Vitals. This page is not an offer to sell or a recommendation to buy any security.
