About PaceMate
PaceMate is a company based in Hilton Head Island (United States) founded in 2015. It operates as a SaaS (Software-as-a-Service), Managed Services, and HealthTech. PaceMate has raised $8 million across 3 funding rounds from investors including Lead Edge Capital, Ballast Point Ventures and Dreamit. PaceMate offers products and services including PaceMateLIVE and PaceArt Optima. PaceMate operates in a competitive market with competitors including Tyto Care, Edwards Lifesciences, BioIntelliSense, Endotronix and FibriCheck, among others.
- Headquarter Hilton Head Island, United States
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Sectors
HealthcareTechnology
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Phone
*********
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Website
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Social
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- Legal Name Pacemate®
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Lead Edge Capital
& 2 more
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Employee Count
Employee Count
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Products & Services of PaceMate
PaceMate offers a comprehensive portfolio of products and services, including PaceMateLIVE and PaceArt Optima. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cardiac data is managed through streamlined monitoring workflows.
Cardiac data is organized for efficient clinical use.
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Funding Insights of PaceMate
PaceMate has successfully raised a total of $8M across 3 strategic funding rounds. 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 3
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2023 | Amount | Series B - PaceMate | Valuation | Lead Edge Capital |
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| Mar, 2021 | Amount | Series A - PaceMate | Valuation | Ballast Point Ventures |
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| Sep, 2019 | Amount | Seed - PaceMate | Valuation | Dreamit |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 PaceMate
PaceMate has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Lead Edge Capital, Ballast Point Ventures and Dreamit. 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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Lead Edge Capital is focused on growth equity investments in technology.
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Founded Year | Domain | Location | |
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Expansion capital is provided by Ballast Point Ventures to growing companies.
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Founded Year | Domain | Location | |
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Startup accelerator
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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 PaceMate
| 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 - PaceMate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Pacemate Comparisons
Competitors of PaceMate
PaceMate 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 Tyto Care, Edwards Lifesciences, BioIntelliSense, Endotronix and FibriCheck, 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 |
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| domain | founded_year | HQ Location |
Medical consultations are facilitated via self-exams and remote diagnostic devices.
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| domain | founded_year | HQ Location |
Medical devices for structural heart disease are developed and provided.
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| domain | founded_year | HQ Location |
Vital signs are monitored via a single-use patch and platform.
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| domain | founded_year | HQ Location |
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
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| domain | founded_year | HQ Location |
Developer of a medical app to detect arrhythmias
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| domain | founded_year | HQ Location |
Remote monitoring platform for tracking patient activity
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Pacemate
Frequently Asked Questions about PaceMate
When was PaceMate founded?
PaceMate was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is PaceMate located?
PaceMate is headquartered in Hilton Head Island, United States. It is registered at Hilton Head Island, South Carolina, United States.
Is PaceMate a funded company?
PaceMate is a funded company, having raised a total of $8M across 3 funding rounds to date.
What does PaceMate do?
Cardiac remote monitoring and data management solutions are offered by PaceMate. The company focuses on the healthcare sector, specifically in medical technology for cardiac care. Streamlined workflows are enabled through PaceMateLIVE, supporting physicians, administrators, clinic staff, and IT teams. Integration with EHR systems like AthenaHealth, EPIC, and Cerner is provided. Flexible software and service packages are tailored to meet diverse clinic needs, ensuring efficiency and data security with certifications like HITRUST and SOC 3.
Who are the top competitors of PaceMate?
PaceMate's top competitors include Tyto Care, Endotronix and BioIntelliSense.
What products or services does PaceMate offer?
PaceMate offers PaceMateLIVE and PaceArt Optima.
Who are PaceMate's investors?
PaceMate has 3 investors. Key investors include Lead Edge Capital, Ballast Point Ventures, and Dreamit.