// startup autopsy

Cardiocore

Cardiac data management absorbed before it could beat on its own.

acquisition gone wrongAcqui-hire

Fatal mistake: Attempted to build a regulated healthtech SaaS platform with only $165K in funding, making independent scaling impossible without acquisition.

Founded	2001
Closed	2011
Country	USA
Sector	Healthtech

50%

Key Events Timeline

2001-01-01

FOUNDING

Cardiocore founded in the USA to provide cardiac data management SaaS solutions to healthcare providers.

2011-01-01

FUNDING

Company raises $165K, its only recorded funding round after a decade of operations.

2011-06-01

ACQUISITION ATTEMPT

Acquisition discussions begin as Cardiocore struggles to scale without adequate capital.

2011-12-01

SHUTDOWN

Cardiocore is acquired and ceases independent operations, absorbed into a larger healthcare IT entity.

Full Analysis

Analyst plan

Documented cause

Cardiocore, a cardiac data management SaaS platform, failed to achieve independent viability and was acquired in 2011 after raising only $165,000—a minimal funding round indicative of severe capital constraints...

. The startup's inability to secure substantial venture funding despite operating in the growing healthtech sector suggests fundamental challenges with market traction, business model validation, or c

Verified lesson

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€0.3M

Peak valuation

HypeCycle · MoatType · ResearchTags

Cardiocore raised €0.165M before attempted to build a regulated healthtech saas platform with only $165k in funding, making independent scaling impossible without acquisition. ended it. See the documented cause, verified lesson and all failure signals.

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