Personal MedSystems

Medical Devices & EquipmentSeries BFrankfurt, Germanycardiosecur.com

Latest round

Series B

Last raised

Jan 2017

Total raised

$8.6M

Investors

5

About Personal MedSystems

Personal MedSystems GmbH, founded in 2008 in Frankfurt, Germany, focuses on mobile ECG technology.CardioSecur specializes in mobile electrocardiogram (ECG) technology, offering a core product that is a 12+ lead ECG device utilizing only four electrodes for remote applications. This innovative device is designed for ease of use and lightweight portability, allowing for comprehensive cardiac monitoring with data quality comparable to traditional systems, capturing up to 22 leads. The primary end use cases include the early detection of heart conditions such as ischemia, heart attacks, and arrhythmias, as well as preventive monitoring for individuals at risk of cardiovascular issues. CardioSecur's products are utilized by healthcare professionals, clinics, and hospitals, with a customer base that spans various geographical markets, including Europe and regions where remote healthcare solutions are increasingly in demand.CardioSecur generates revenue through a structured model that combines direct sales and partnerships with healthcare providers, facilitating both B2B and B2C transactions. The company's flagship products, which include the CardioSecur Pro series, are sold directly to healthcare institutions and professionals who require advanced ECG capabilities for patient monitoring. Additionally, CardioSecur may engage in subscription models for software services that accompany their devices, potentially allowing users continuous access to data analytics and remote monitoring features. The company is targeting new markets for expansion, although specific regions or timelines have not been disclosed.

Who invested in Personal MedSystems

5 investors across 2 rounds

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Funding rounds

  1. Series B

    Jan 23, 2017

    Amount

    $5.3M

    Investors

    Locked

  2. Series A

    Apr 23, 2013

    Amount

    $3.3M

    Investors

    Locked

Questions about Personal MedSystems

Who invested in Personal MedSystems?

Personal MedSystems has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Personal MedSystems raised?

Personal MedSystems has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Personal MedSystems last raise money?

Personal MedSystems's most recent round on record is a Series B, in Jan 2017.

What does Personal MedSystems do?

Personal MedSystems GmbH, founded in 2008 in Frankfurt, Germany, focuses on mobile ECG technology.

Where is Personal MedSystems headquartered?

Personal MedSystems is headquartered in Frankfurt, Germany.

Which VCs invest in companies like Personal MedSystems?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back medical devices & equipment companies at Personal MedSystems's stage. Their profiles are linked below.

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