About Powerful Medical
Powerful Medical is a company based in Bratislava (Slovakia) founded in 2019 by Felix Bauer, Martin Herman, Robert Hatala, Viktor Jurasek, and Robert Herman. Powerful Medical has raised $11.38 million across 3 funding rounds from investors including European Union, CB ESPRI and BPD Partners. Powerful Medical offers products and services including PMcardio Platform, PMcardio for Organizations, PMcardio for Individuals, PMcardio STEMI, and PMcardio LVEF. Powerful Medical operates in a competitive market with competitors including Cardiotrack, CorVista, Larkai Healthcare, Shenzhen Ruixin Intelligent Medical Technology and Cardio Intelligence, among others.
- Headquarter Bratislava, Slovakia
- Founders Felix Bauer, Martin Herman, Robert Hatala, Viktor Jurasek, Robert Herman
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Powerful Medical Inc.
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Annual Revenue
$1.02 M (USD)8as on Dec 31, 2023
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Net Profit
-$4 M (USD)-147as on Dec 31, 2023
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EBITDA
-$3.99 M (USD)-147as on Dec 31, 2023
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Total Equity Funding
$11.38 M (USD)
in 3 rounds
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Latest Funding Round
$2.71 M (USD), Grant
Feb 29, 2024
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Investors
European Union
& 4 more
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Employee Count
Not available
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Products & Services of Powerful Medical
Powerful Medical offers a comprehensive portfolio of products and services, including PMcardio Platform, PMcardio for Organizations, PMcardio for Individuals, PMcardio STEMI, and PMcardio LVEF.
Platform for interpreting ECGs to detect cardiovascular diseases quickly.
Tool for healthcare institutions to coordinate cardiac care and diagnostics.
App for personal ECG analysis and disease diagnosis in seconds.
AI model for detecting acute myocardial infarction from ECGs.
System to identify reduced left ventricular ejection fraction via ECG.
People of Powerful Medical
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Funding Insights of Powerful Medical
Powerful Medical has successfully raised a total of $11.38M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $2.71 million completed in February 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.
Investors in Powerful Medical
Powerful Medical has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, CB ESPRI and BPD Partners.
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A Czech family office managing partner families' assets is operated.
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A venture capital fund focused on innovative Slovak companies is operated.
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Investments are directed toward early and growth-stage technology firms.
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Investor details for Powerful Medical
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Investments & Acquisitions by Powerful Medical
Investment portfolio details for Powerful Medical
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Financial Statements - Powerful Medical
Detailed financials for Powerful Medical
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Powerful Medical Comparisons
Peer comparison for Powerful Medical
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Competitors of Powerful Medical
Powerful Medical 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 Cardiotrack, CorVista, Larkai Healthcare, Shenzhen Ruixin Intelligent Medical Technology and Cardio Intelligence, among others.
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AI-based EGC data capture and analysis platform
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Provider of an AI-based cardiac health diagnosis tool for healthcare professionals
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AI-powered diagnostic and monitoring solutions for cardiopulmonary anomalies are provided.
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AI-based medical imaging tools for cardiac disease diagnosis are provided.
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Heart diseases are diagnosed and treated with AI-based medical devices.
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Detailed competitors of Powerful Medical
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Latest news on Powerful Medical
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Frequently Asked Questions about Powerful Medical
Powerful Medical was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Powerful Medical is headquartered in Bratislava, Slovakia.
Martin Herman is the current CEO of Powerful Medical. They have also founded this company.
Powerful Medical is a funded company, having raised a total of $11.38M across 3 funding rounds to date.
Annual revenue of Powerful Medical is $1.02M as on Dec 31, 2023.
Powerful Medical was founded in 2019 in Bratislava, Slovakia, and operates in the health technology sector. Cardiovascular diseases are diagnosed and managed through an AI-powered medical device named PMcardio, which is integrated with a mobile app. ECGs are digitized and interpreted by the system to support clinical decisions. Patient management features are included to streamline workflows for healthcare providers.
Powerful Medical's top competitors include Cardiotrack, CorVista and Keya Medical.
Powerful Medical offers PMcardio Platform, PMcardio for Organizations, PMcardio for Individuals, PMcardio STEMI, and PMcardio LVEF.
Powerful Medical has 5 investors. Key investors include European Union, CB ESPRI, BPD Partners, Venture to Future Fund, and Arieli Group.