HeartFlow announced a potential IPO with H1 2025 as a targeted date. “Heartflow [...] recently hired advisers to prepare for initial public offerings, which could come as soon as the first half of this year.” — Financial Timeson January 19, 2025.
Company details
HeartFlow was founded in 2007 by Charles Taylor and Christopher Zarins. HeartFlow has not officially endorsed a plan to participate in an IPO.
HeartFlow is a biotechnology company with a mission to treat cardiovascular diseases through machine learning algorithms. Per Forge data, HeartFlow has raised a total of $792.7 million in funding over 11 rounds. Their latest funding was raised on Apr 6, 2023, from a Series F round. Key investors include Panorama Point Partners, Capricorn Investment Group, and Bain Capital Life Sciences.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
HeartFlow is a privately held company and is not publicly traded, therefore investing in HeartFlow pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
Can you sell shares of HeartFlow before it goes public?
You can seek to sell your shares in HeartFlow while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
What is the pre-IPO value of my HeartFlow shares?
To determine the value of your HeartFlow shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your HeartFlow shares. You can also learn more about how to sell your private shares before getting started.
Is HeartFlow a publicly traded company?
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
To learn more about HeartFlow potential IPO
Will HeartFlow go IPO?
HeartFlow has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.
What is HeartFlow’s IPO price?
The HeartFlow IPO price does not exist at this time, as HeartFlow is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to HeartFlow register for Forge Markets, today.
When was HeartFlow founded?
HeartFlow was founded in 2007.
What is HeartFlow funding to date?
HeartFlow has raised $1.06B to date.
HeartFlow major investors
Janus Capital Group
Sweetwater Private Equity
Emergent Medical Partners
Baillie Gifford
Sandbox Industries
Undisclosed Investors
Bluecross Blueshield Venture Partners
Venture Science
Wellington Management
Bain Capital
Panorama Point Partners
Capricorn Healthcare
Healthcor Management
Ge Ventures
U.S. Venture Partners
Spur Capital Partners
Healthcor Partners Management
Us Venture Partners
Capricorn Investment Group
Special Opportunities
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HeartFlow funding rounds and valuation
Funding history chart
Funding round details
Funding Date
Share Class
Amount Raised
Price per Share
Post-Money Valuation
Key Investors
06/13/2019
Series E
$305MM
$xx.xx
$1.65B
Baillie Gifford, Wellington Management
Price per Share
$xx.xx
Shares Outstanding
13,422,649
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baillie Gifford, Wellington Management
05/10/2016
Series D
$99.93MM
$xx.xx
$771.66MM
Bluecross Blueshield Venture Partners, Panorama Point Partners, Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
7,151,873
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bluecross Blueshield Venture Partners, Panorama Point Partners, Undisclosed Investors
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