# eDevice

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/edevice

- Industry: Telecoms
- Headquarters: Bordeaux, France
- Website: www.edevice.com
- Total disclosed funding: $12M
- Latest round: Series B (Nov 7, 2001)
- Investors on record: 4

## About

eDevice, Inc. is a global provider of IoT connectivity solutions focusing on Remote Patient Monitoring (RPM) and telecardiology services that enhance healthcare delivery and patient management.Founded in 1999 in Bordeaux, France, eDevice, Inc. specializes in IoT solutions for healthcare, particularly in RPM. The company was acquired by iHealth Labs Inc., a subsidiary of Xiaomi Ventures, in August 2016 for EUR 93.88 million. Marc Berrebi serves as the CEO and has previously founded other ventures in the tech space.eDevice specializes in providing global IoT connectivity solutions, with a strong emphasis on Remote Patient Monitoring (RPM) and telecardiology services. Their flagship products include HealthGO, a medical hub designed to seamlessly acquire, monitor, and transmit medical data to the Cloud, facilitating effective management of chronically ill and episodic care patients. Additionally, the TwoCan Pulse™ telecardiology monitoring system offers healthcare providers a reliable platform for the remote monitoring of patients with chronic heart conditions through a user-friendly cloud-based interface. These products are designed for healthcare professionals and are utilized in over 125 countries, addressing complex connectivity issues while adhering to stringent regulatory standards such as ISO-9001 and ISO-13485. eDevice's solutions are tailored to meet specific business needs, regulatory environments, and privacy concerns in diverse geographical markets, including Europe and North America.In 2023, eDevice reported a revenue of EUR 4,030,327.20, with an EBITDA of EUR -2,081,212.40. The company generates revenue primarily through partnerships and B2B relationships with healthcare providers, leveraging its innovative connectivity solutions in the medical sector. eDevice's structured approach to service delivery and client engagement reinforces its position as a provider in the IoT healthcare market.eDevice plans to expand its product offerings with new innovations targeting improved connectivity solutions for healthcare providers. Strategic plans indicate an aim to enter additional European and North American markets by 2025. The recent funding from iHealth Labs Inc. will be allocated towards developing these products and enhancing market penetration. The acquisition in August 2016 has positioned eDevice for continued growth and expansion in the healthcare technology sector.

## Funding rounds

- Series B, Nov 7, 2001, $12M — 3i, Abenex, Edmond de Rothschild Group, Vertex Holdings

## Investors

- 3i (https://capitalatlas.ai/funds/3i) — Series B
- Abenex (https://capitalatlas.ai/funds/abenex) — Series B
- Edmond de Rothschild Group — Series B
- Vertex Holdings (https://capitalatlas.ai/funds/vertex-holdings) — Series B