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Private Company

Total funding raised: $41.5M

Overview

Founded in 2012 and headquartered in San Francisco, Qardio is a commercial-stage digital health company providing consumer and professional-grade remote patient monitoring solutions. Its core offering is a suite of connected devices (blood pressure monitors, smart scales, thermometers, pulse oximeters) integrated with an AI-powered software platform for data tracking and sharing. The company targets both direct-to-consumer sales and the healthcare professional market with solutions for remote cardiac rehab, chronic care management, and hypertension management.

Cardiovascular

Technology Platform

A suite of connected medical devices (BP monitor, smart scale, pulse oximeter, thermometer) integrated with an AI-powered mobile app and a device-agnostic, HIPAA-compliant software platform for remote patient monitoring and data analytics.

Funding History

3
Total raised:$41.5M
Series B$30M
Series A$10M
Seed$1.5M

Opportunities

The expansion of telehealth and reimbursement for remote patient monitoring creates a massive growth opportunity in the healthcare provider channel.
The rising global prevalence of cardiovascular disease and hypertension drives continuous demand for easy-to-use home monitoring solutions from consumers.

Risk Factors

Intense competition from both established medical device companies and agile digital health startups threatens market share.
Changes in healthcare reimbursement policies, particularly for RPM codes, could negatively impact adoption by healthcare professionals and associated revenue.

Competitive Landscape

Qardio competes in the consumer health device space with companies like Omron, Withings, and iHealth. In the professional remote patient monitoring platform market, it faces competition from dedicated software companies like Biofourmis, Vivify Health, and Philips. Its device-agnostic platform is a key differentiator against bundled hardware-software competitors.