# QT Medical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qt-medical

- Industry: Software
- Headquarters: Diamond Bar, US
- Website: www.qtmedical.com/
- Total disclosed funding: $12M
- Latest round: Series B (Sep 26, 2023)
- Investors on record: 5

## About

Founded in 2013 and based in California, US, QT Medical, Inc. operates as a manufacturing company of cloud-based monitoring devices for patients with cardiac issues. In September 2023, QT Medical, Inc., raised USD 12 million in series B funding co-led by CDIB Capital Group and Taiwania Capital, with participation from Cathay Capital, BE Capital, and TMU Biomed.

QT Medical offers various hardware and software solutions used for medical devices that include PCA 500 ECG recorder a compact 12-lead ECG recorder single-use electrode strips that enhance efficiency, accuracy, consistency, and sanitation. The device also includes a built-in rechargeable battery with a 16-hour continuous use capacity, wireless connectivity via Bluetooth, and is splash-proof.

The company also provides user-friendly mobile applications for iOS and Android smartphones and tablets that offers robust database management functions, tools for ECG analysis, comparison, and diagnostics, and the ability to generate completed ECG reports in PDF format for Electronic Medical Record (EMR) integration.

The company plans to use the September 2023 funding for business expansion, speed up market penetration, and enhance the pipeline products.

## Funding rounds

- Series B, Sep 26, 2023, $12M — CDIB Capital Group, Quanta Computer, Cathay Capital, BE Capital, Taiwania Capital

## Investors

- CDIB Capital Group (https://capitalatlas.ai/funds/cdib-capital-group) — Series B
- Quanta Computer — Series B
- Cathay Capital — Series B
- BE Capital (https://capitalatlas.ai/funds/be-capital) — Series B
- Taiwania Capital (https://capitalatlas.ai/funds/taiwania-capital) — Series B