About Preventice Solutions
Preventice Solutions is a Technology company based in Valley City (United States) founded in 2004, and was acquired by Boston Scientific in January 2021. It operates as a cloud-based remote telemonitoring platforms are supplied to healthcare providers. It operates in the Technology and Healthcare sectors. Preventice Solutions has raised $137 million across 7 funding rounds from investors including Boston Scientific, Vivo Capital and Novo Holdings. Preventice Solutions offers products and services including BodyGuardian MINI, BodyGuardian MINI PLUS, ECG Insight, and BeatLogic Cardiac Algorithm. Its focus areas include Life Sciences, Cardiac and Vascular Disorders, Medical Devices and Screening Devices. Its legal entity is Boston Scientific Cardiac Diagnostics, Inc. Its competitors include iRhythm Tech, AliveCor, Imperative Care, ZOLL AEDs and Biotricity and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Preventice Solutions was established in 2004 in Valley City, United States, within the healthcare technology sector. A cloud-based remote telemonitoring platform is offered to healthcare providers, enabling patient connections to doctors via cloud, analytical, and micro-electronic technologies. Operations focus on integrating prescribed medical data into patient records through the Body Guardian system. Services support remote monitoring for improved healthcare delivery across the United States.
- Headquarters Valley City, United States
- Stage Acquired
- SectorsTechnologyHealthcare
- Email••••••••
- Phone•••• ••••
- Website preventicesolutions.com
- Social LinkedIn X Facebook
- Acquired by Boston Scientific (Jan 2021)
- Legal Name Boston Scientific Cardiac Diagnostics, Inc.
- Total Equity Funding$137M (USD)
in 7 rounds
- Latest Funding Round$137M (USD), Series B
Jul 2020
- InvestorsBoston Scientific
& 7 more
- Acquired byBoston Scientific
(Jan 2021)
Products & Services of Preventice Solutions
Preventice Solutions offers a comprehensive portfolio of products and services, including BodyGuardian MINI, BodyGuardian MINI PLUS, ECG Insight, and BeatLogic Cardiac Algorithm.
Wearable device for continuous remote heart monitoring.
Advanced wearable for enhanced cardiac data collection.
Software tool for analyzing heart rhythm data.
Algorithm for detecting cardiac irregularities remotely.
Funding Insights of Preventice Solutions
Preventice Solutions has successfully raised a total of $137M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $137 million completed in July 2020. 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 $137M
- Total Rounds 7
- Last Round Series B — $137M
- Investors Count 8
All 7 funding rounds of Preventice Solutions 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 |
|---|---|---|---|---|---|
| Jul 2020 | $137M | Series B | – | Vivo Capital | |
| Aug 2015 | – | Series B | – | – | |
| Feb 2014 | – | Series B | – | – | – |
| Jun 2011 | – | Series A | – | Merck Global Health Innovation Fund | – |
| Jun 2011 | – | Series A | – | – | |
| Feb 2011 | $1.5M | Unspecified | – | – | |
| Jul 2009 | – | Seed | – | – |
8 investors in total: 8 institutional.
Investors in Preventice Solutions
Preventice Solutions has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Boston Scientific, Vivo Capital and Novo Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and private equity firm | – | vivocapital.com | Palo Alto, United States | |
Private equity and venture capital fund focused on the healthcare sector | – | novoholdings.dk | Hellerup, Denmark | |
Corporate-backed venture capital is focused on the life science sector. | – | merckghifund.com | Kenilworth, United States | |
Venture capital fund investing in deep-tech infrastructure and platforms. | – | samsungcatalyst.com | - | |
Early-stage life sciences and tech focused venture capital firm investing in geographies such as Belgium | – | innovationfund.eu | Schaerbeek, Belgium | |
US focused seed & early stage VC firm | – | arthurventures.com | Minneapolis, United States | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Wide range of medical devices | 1979 | bostonscientific.com | Marlborough, United States |
Investor details for Preventice Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Preventice Solutions
63 people are tracked at Preventice Solutions (7 in leadership, 56 in team).
| Name | Role | Group |
|---|---|---|
Tim Ertmer | Western US Vice President of Sales | Leadership |
Brad Krueger | VP, Customer Experience | Leadership |
Mike Smith | Chief Technology Officer | Leadership |
Jeffrey Ingalls | Vice President Information Technology | Leadership |
Ryan Basham | Regional Director of Managed Care | Leadership |
Tom Sheehy | EVP & Chief Commercial Officer | Leadership |
Tom Vermillion | Regional Vice President-Midwest Region | Leadership |
Allison Morris | Clinical Sales Specialist | Team |
Amy Ester | Sales Support And Flexible Business Solutions Specialists | Team |
Brad Dalrymple | Sales Associate | Team |
Tracy Collier | Revenue Cycle Quality Specialist | Team |
Connie Curtis Head | Clinical Sales Specialist | Team |
George Joseph Paitl, MBA, CPA | Sr. Manager - Assistant Controller | Team |
Matthew Kutz | Financial Analyst | Team |
Heidi Shull | Clinical Sales Specialist | Team |
Britt Seay | Regional sales specialist | Team |
Chris Koren | Sales Representative | Team |
Katie Lowe | Independent Sales Specialist | Team |
Jamie Haas | Territory Sales Manager | Team |
Jacquelyn Hardin | Sales Representative | Team |
43 more people are available in the full profile.
Complete people profiles for Preventice Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Preventice Solutions
4 dated milestones of Preventice Solutions across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Preventice Solutions is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $137.0M.
- Exit Acquired by Boston Scientific.
Competitors of Preventice Solutions
Preventice Solutions has 9 listed competitors in our database, 7 of them funded. They include iRhythm Tech, AliveCor, Imperative Care, ZOLL AEDs and Biotricity, 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. | |
| alivecor.com | 2010 | Mountain View, United States | $114.38M | 67 | Cardiac monitoring devices and applications are provided for heart health. | |
| imperativecare.com | 2015 | Campbell, United States | $496M | 90 | Access catheters for neurovascular stroke treatment are provided. | |
| zoll.com | 1983 | Chelmsford, United States | – | – | Medical devices and software for emergency care are developed. | |
| biotricity.com | 2014 | San Francisco, United States | – | 55 | Developer of medical remote monitoring solutions that help prevent and manage chronic diseases | |
| cardiacsense.com | 2012 | Caesarea, Israel | $10M | – | Provider of sensor to monitor heart arrhythmia and vital signs | |
| elementscience.com | 2013 | San Francisco, United States | $192.6M | – | Wearable patch defibrillators are developed for sudden cardiac arrest treatment. | |
| bardydx.com | 2013 | Charlotte, United States | $83.39M | 229 | Develops and markets the Carnation Ambulatory Monitor | |
| welltory.com | 2016 | Redwood, United States | $1M | – | Online health and wellness tracking and training platform |
Detailed competitors of Preventice Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Industrial IoT & Smart Manufacturing
10 companies that operate in the same segment as Preventice Solutions (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 152.78 M | USD 70.12 M | 266 | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 1,330 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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Frequently Asked Questions about Preventice Solutions
Preventice Solutions was founded in 2004 and raised its 1st funding round 5 years after it was founded.
Preventice Solutions is headquartered in Valley City, United States. It is registered at Valley City, North Dakota, United States.
Preventice Solutions is a funded company, having raised a total of $137M across 7 funding rounds to date.
Preventice Solutions was established in 2004 in Valley City, United States, within the healthcare technology sector. A cloud-based remote telemonitoring platform is offered to healthcare providers, enabling patient connections to doctors via cloud, analytical, and micro-electronic technologies. Operations focus on integrating prescribed medical data into patient records through the Body Guardian system. Services support remote monitoring for improved healthcare delivery across the United States.
Preventice Solutions's top competitors include AliveCor, iRhythm Tech and Imperative Care.
Preventice Solutions offers BodyGuardian MINI, BodyGuardian MINI PLUS, ECG Insight, and BeatLogic Cardiac Algorithm.
Preventice Solutions has 8 investors. Key investors include Boston Scientific, Vivo Capital, Novo Holdings, Merck Global Health Innovation Fund, and Samsung Catalyst Fund.
Preventice Solutions operates through Boston Scientific Cardiac Diagnostics, Inc..
Yes. Preventice Solutions was acquired by Boston Scientific in January 2021.