About Cardiotrack
Cardiotrack is a company based in Bengaluru (India) founded in 2014 by Avin Agarwal.. Cardiotrack has raised $3.9 million across 5 funding rounds from investors including Frontline Strategy, Girish Narasimhan and NetApp Excellerator. Cardiotrack operates in a competitive market with competitors including iRhythm Tech, AliveCor, Biotricity, Powerful Medical and Element Science, among others.
- Headquarter Bengaluru, India
- Founders Avin Agarwal
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Sectors
HealthcareTechnology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.9 M (USD)
in 5 rounds
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Latest Funding Round
$2 M (USD), Seed
Mar 04, 2024
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Investors
Frontline Strategy
& 3 more
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Employee Count
Employee Count
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Funding Insights of Cardiotrack
Cardiotrack has successfully raised a total of $3.9M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $2.0M
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First Round
First Round
(01 Jun 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - Cardiotrack | Valuation | Girish Narasimhan |
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| Mar, 2020 | Amount | Seed - Cardiotrack | Valuation | Frontline Strategy |
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| Oct, 2018 | Amount | Grant - Cardiotrack | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cardiotrack
Cardiotrack has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Frontline Strategy, Girish Narasimhan and NetApp Excellerator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity advisory services are provided for growth-oriented companies, focusing on India and other regions.
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Founded Year | Domain | Location | |
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Startup accelerator firm backed by NetApp
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Founded Year | Domain | Location | |
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Innovation advisory and incubation services are provided to startup businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cardiotrack
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cardiotrack
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cardiotrack Comparisons
Competitors of Cardiotrack
Cardiotrack 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, AliveCor, Biotricity, Powerful Medical and Element Science, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based ambulatory ECG monitors for cardiac arrhythmia diagnosis are provided.
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| domain | founded_year | HQ Location |
Cardiac monitoring devices and applications are provided for heart health.
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| domain | founded_year | HQ Location |
Developer of medical remote monitoring solutions that help prevent and manage chronic diseases
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| domain | founded_year | HQ Location |
AI-powered devices for cardiovascular diagnostics and management are provided.
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| domain | founded_year | HQ Location |
Wearable patch defibrillators are developed for sudden cardiac arrest treatment.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cardiotrack
Frequently Asked Questions about Cardiotrack
When was Cardiotrack founded?
Cardiotrack was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Cardiotrack located?
Cardiotrack is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Cardiotrack?
Avin Agarwal is the current CEO of Cardiotrack. They have also founded this company.
Is Cardiotrack a funded company?
Cardiotrack is a funded company, having raised a total of $3.9M across 5 funding rounds to date.
What does Cardiotrack do?
Cardiotrack was founded in 2014 in Bengaluru, India, within the healthtech sector. An AI-based platform is utilized for ECG data capture through IoT sensors and cloud analysis, enabling primary care physicians to diagnose heart conditions accurately. The m-Health solution has been deployed in organizations including Gramin Healthcare, Healthcare at Home, Medi360, and Promedic, supporting remote monitoring and analysis operations.
Who are the top competitors of Cardiotrack?
Cardiotrack's top competitors include AliveCor, iRhythm Tech and Biotricity.
Who are Cardiotrack's investors?
Cardiotrack has 4 investors. Key investors include Frontline Strategy, Girish Narasimhan, NetApp Excellerator, and Eight Mercatus.