Health

Cardiac Insight raises $8M as sales of its wearable heartbeat sensor spike 100%

Cardiac Insight, a Bellevue, Wash. startup that makes light-weight disposable electrocardiogram (ECG) sensors and software program to watch sufferers’ heartbeats, has raised $8 million in funding amid a interval of fast buyer progress.

SeaChange Fund, which invests completely in Pacific Northwest startups, was the one named investor within the Sequence D spherical. The fund stated it accounted for $500,000 to $900,000 within the spherical.

Cardea Solo is Cardiac Insight’s flagship machine, and it detects irregular heartbeats, additionally identified as arrhythmia. Sufferers put on the machine for per week, after which come again to the physician. A small chip is faraway from the wearable sensor and processed instantly by way of software program made by Cardiac Insight, letting docs give an on-the-spot prognosis.

Cardiac Insight sells the machine to physicians and cardiac consultants. The corporate is seeing one hundred pc year-over-year sales progress within the U.S., rising its buyer base and transferring into new “world verticals,” CEO Brad Harlow stated.

The startup has simply shy of 30 folks, and it’s ramping up hiring of sales and advertising and marketing employees.

Cardiac Insight spun out of the College of Washington in 2008 by Harlow and UW heart specialist David Linker. In 2015 the corporate acquired Cardea Associates and their machine, CardeaScreen, which assessments for coronary heart issues in younger athletes. It was brought to market in 2016 and later rebranded as the Cardea 20/20 ECG. 

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