About Bittium
Bittium is a company based in Oulu (Finland) founded in 1985. The company has 511 employees. Bittium has completed 2 acquisitions, including Mega Electronics and Mega Koto Oy. Bittium offers products and services including Bittium Faros, Bittium Tough SDR Handheld, Bittium Respiro, Bittium Secure Call, and Bittium Tactical Wireless IP Network. Bittium operates in a competitive market with competitors including iRhythm Tech, Bardy Diagnostics, Spire Health, CardioSecur and Sensydia, among others.
- Annual Revenue$140.15 M (USD)40.06as on Dec 31, 2025
- Net Profit$25.07 M (USD)193.66as on Dec 31, 2025
- EBITDA$31 M (USD)81.21as on Dec 31, 2025
- Latest Funding Round$10.83M (USD), Grant
Mar 2023
- InvestorsEuropean Union
& 2 more
- Employee Count511
- Investments & AcquisitionsMega Electronics
& 1 more
Products & Services of Bittium
Bittium offers a comprehensive portfolio of products and services, including Bittium Faros, Bittium Tough SDR Handheld, Bittium Respiro, Bittium Secure Call, and Bittium Tactical Wireless IP Network.
Device for Holter monitoring in cardiac analysis
Handheld radio for tactical communications
Solution for home sleep apnea testing
Encrypted calling for professionals
Wireless network for tactical operations
Apps and channels of Bittium
its YouTube channel Bittium has 1.84K subscribers and 30 videos.
Videos from Bittium
The most watched videos on Bittium's YouTube channel, Bittium (1.84K subscribers). Click a video to play it here.
More on Bittium.
Funding Insights of Bittium
- Total Rounds 7
- Last Round Grant — $10.83M
- First Round $54,762
(Jul 2015)
- Investors Count 3
All 7 funding rounds of Bittium with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $10.83M | Grant | – | – | |
| Dec 2022 | $1.68M | Grant | – | – | |
| Dec 2021 | $124,634 | Grant | – | – | |
| Sep 2021 | $587,795 | Grant | – | – | |
| Dec 2020 | $3.93M | Grant | – | – | |
| Nov 2016 | $842,134 | Grant | – | – | |
| Jul 2015 | $54,762 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Bittium
Bittium has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Business Finland and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
Innovation, internationalization, and investment support for businesses is provided. | 1983 | businessfinland.fi | Helsinki, Finland | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Bittium
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People of Bittium
30 people are tracked at Bittium (18 in leadership, 4 in board & advisors, 8 in team); the tracked headcount is 511.
| Name | Role | Group |
|---|---|---|
Johan Westermarck | CEO | Leadership |
Jari Inget | Vice President | Leadership |
Markku Toiviainen | Vice President, Global Sales & Marketing, Bittium Defense & Security | Leadership |
Teemu Hannula | Vice President Operations | Leadership |
Antti Keränen | CFO | Leadership |
Marko Anttila | Director, Product Operations, Defence & Security | Leadership |
Karoliina Fyrstén | VP, Communications and Marketing | Leadership |
Kari Jokela | Chief Legal Officer | Leadership |
Juha Lyijynen | Sales Director | Leadership |
Jari-Pekka Innanen | Vice President, Head Of Supply Chain & Asset Management | Leadership |
Karoliina Malmi | Vice President, Communications & Sustainability | Leadership |
Thomas Zieger | Vice President Of Sales | Leadership |
James Harper | Director Of Sales And Business Development | Leadership |
Martti Perälä | Director, R&d Service Sales | Leadership |
Arto Niva | Vice President, Medical Technology And Operations | Leadership |
Anders Berghäll | Sales Director | Leadership |
Petri Hiljanen | Group CFO | Leadership |
Niina Huikuri | Senior Vice President Medical | Leadership |
Pekka Kemppainen | Director | Board & advisors |
Erkki Veikkolainen | Chairman | Board & advisors |
10 more people are available in the full profile.
Complete people profiles for Bittium
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Bittium
Bittium is a publicly listed company on the OMXHEX with ticker symbol BITTI in Finland, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date23 Jun 2020
- Listed onFRA: JOT
- Listed entityBittium Corporation
- Exchange sectorTechnology services
- ISINFI0009007264
- Share price35.55 EUR (-3.13% on the day) · 2026-10-09
- Market capitalisation1,262,594,274.00 EUR
- Price to earnings50.6
- EPS (diluted, trailing year)0.70 EUR
- Dividend yield0.42%
- Volume (last session)99,642
Financials of Bittium
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 119.3M EUR | 21.3M EUR | 26.4M EUR |
| 2024 | 85.2M EUR | 7.3M EUR | 14.6M EUR |
| 2023 | 75.2M EUR | -5.4M EUR | 1.5M EUR |
| 2022 | 82.5M EUR | 253,000 EUR | 9.4M EUR |
| 2021 | 86.9M EUR | 3.3M EUR | 12.3M EUR |
Detailed financial statements for Bittium
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Bittium
Bittium has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mega Electronics and Mega Koto Oy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of cardiac monitoring services | megakoto.fi | Kuopio, Finland | 2010 | Nov 2016 | $8.7M | |
Biosignal monitoring technologies for medical applications are developed. | megaemg.com | Kuopio, Finland | 1983 | Nov 2016 | •••• |
Complete acquisition details for Bittium
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Timeline of Bittium
6 dated milestones of Bittium across 38 years, from founding to its latest funding, stage changes and deals.
- Founded Bittium is founded.
- Funding First funding round of $55K.
- Acquisition Acquires Mega Koto Oy.
- Acquisition Acquires Mega Electronics.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Grant, of $10.8M.
Competitors of Bittium
Bittium operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as iRhythm Tech, Bardy Diagnostics, Spire Health, CardioSecur and Sensydia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| irhythmtech.com | 2006 | San Francisco, United States | $109.23M | 1,657 | Cloud-based ambulatory ECG monitors for cardiac arrhythmia diagnosis are provided. | |
| bardydx.com | 2013 | Charlotte, United States | $83.39M | 229 | Develops and markets the Carnation Ambulatory Monitor | |
| spirehealth.com | 2014 | San Francisco, United States | $48.09M | 40 | Wearable devices for continuous health monitoring are developed. | |
| cardiosecur.com | 2008 | Frankfurt, Germany | $8.61M | 14 | Heart health monitoring device | |
| sensydia.com | 2015 | Los Angeles, United States | $17.8M | – | A wireless, non-invasive cardio-respiratory monitoring device is developed. | |
| smartcardia.com | 2012 | Lausanne, Switzerland | $10,654 | – | Bio-signals are detected via a single-touch device using deep learning. | |
| bodyport.com | 2014 | Mountain View, United States | $11.7M | 14 | Cardiac scales for cardiorenal monitoring are provided by Bodyport. | |
| me-zoo.com | 2014 | – | $13.85M | – | Developer of a wearable ECG monitoring device | |
| moonbird.life | 2019 | Keerbergen, Belgium | $1.74M | 6 | Smart devices for heart rate and breathing monitoring are provided. |
Detailed competitors of Bittium
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Bittium
The website of Bittium (bittium.com) receives about 40.3K visits a month.
- Monthly visits40.3K
▲ 21.5% vs previous month
Websites whose visitors overlap most with Bittium. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
| linkedin.com | 92% | 1.9B | #18 | View details | |
kickmobiles.com | kickmobiles.com | 56% | – | #760,186 | – |
Latest news on Bittium
Complete news archive for Bittium
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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Similar companies to Bittium
10 companies that operate in the same segment as Bittium (Cardiac and Vascular Disorders), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
SMT is recognized as a developer of cardiovascular medical devices. | 1998 | Surat, Gujarat, India | USD 57.22 M | USD 106.25 M | 1,090 | |
Gene-editing therapies for coronary artery disease are developed. | 2018 | Cambridge, Massachusetts, United States | USD 215.5 M | – | 255 | |
Cardiac monitoring devices and applications are provided for heart health. | 2010 | Mountain View, California, United States | USD 114.38 M | USD 6.18 M | 67 | |
Therapies for lowering low-density lipoprotein cholesterol levels are developed. | 1998 | Ann Arbor, Michigan, United States | USD 129.7 M | USD 332.31 M | 304 | |
Cloud-based ambulatory ECG monitors for cardiac arrhythmia diagnosis are provided. | 2006 | San Francisco, California, United States | USD 109.23 M | USD 747.14 M | 2,000 | |
Provider of neuroprotection devices for carotid artery disease | 2007 | Sunnyvale, California, United States | USD 241.8 M | – | – | |
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring. | 2007 | East Peoria, Illinois, United States | USD 154.77 M | – | 104 | |
Access catheters for neurovascular stroke treatment are provided. | 2015 | Campbell, California, United States | USD 596 M | – | – | |
Biosensor patches are developed for monitoring multiple body vitals. | 2011 | Campbell, California, United States | USD 239.95 M | – | 184 |
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Frequently Asked Questions about Bittium
Bittium was founded in 1985 and raised its 1st funding round 30 years after it was founded.
Bittium is headquartered in Oulu, Finland. It is registered at Oulu, North Ostrobothnia, Finland.
Johan Westermarck is the current CEO of Bittium.
Bittium has 511 employees.
Annual revenue of Bittium is $140.15M as on Dec 31, 2025.
Provider of secure communication and medical monitoring solutions. This company develops and manufactures products for tactical communications, including secure mobile platforms and encrypted communication systems. In the medical sector, it offers biosignal monitoring solutions for cardiology and neurophysiology, encompassing Holter monitoring, long-term cardiac monitoring, and home sleep apnea testing. Engineering services are also provided, supporting product and solution development for various industries. The companys offerings are underpinned by a robust security management system adhering to ISOIEC 27001 standards.
Bittium's top competitors include iRhythm Tech, Spire Health and Bardy Diagnostics.
Bittium offers Bittium Faros, Bittium Tough SDR Handheld, Bittium Respiro, Bittium Secure Call, and Bittium Tactical Wireless IP Network.
Yes, Bittium is publicly traded on OMXHEX under the ticker symbol BITTI.
Bittium has made 2 acquisitions, including Mega Electronics, and Mega Koto Oy.
Bittium has 3 investors. Key investors include European Union, Business Finland, and EIC Fund.
Bittium operates through Bittium Corporation.