Photo - CardioDiagnostics
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CardioDiagnostics

Quality Care for Everyone

Lebanon
Market: Medicine
Stage of the project: Operating business

Date of last change: 09.10.2020
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Idea

CardioDiagnostics develops cloud-based and mobile technologies and analytics, empowering patients to take actionable steps to manage their chronic conditions. We focus on linking providers of care with patients seamlessly.

Current Status

Our project has been in commercial deployment for six years now. The product is selling in the market using a business-to-business model, currently with 35 clients.

Market

Our target customers include 5,000 hospitals and clinics in the US. Our market is essentially hospitals with cardiology divisions and added value services.

Problem or Opportunity

We are the first to bring our industry to the cloud by creating the world's first cloud-based cardiac monitoring software. The number of clients has been growing at 100% annually. The value we bring to our customers saves money and brings customers a competitive edge.

Solution (product or service)

Our company creates customizable technology and services for cardiac monitoring as well as remote patient monitoring. The aim for our services is to allow physicians to onboard many more chronic condition patients than previously possible, while decreasing hospital readmissions and false negatives during diagnosis.

Competitors

Not available.

Advantages or differentiators

We offer the world's first cloud-based software which is hardware-agnostic with customizable and flexible workflow.

Finance

We have four main streams of revenue:
1- Monitoring centers
2- Original equipment manufacturers
3- Large medical device companies
4- Hospitals and clinics

Money will be spent on

1- Growing the technology team to build complimentary products and services
2- Growing the sales network in the US

Risks

Possible risks include global economic crises or major regulatory changes.

Incubation/Acceleration programs accomplishment

UK-Lebanon Tech Hub, located in Lebanon and London, in 2015

Won the competition and other awards

Global Innovation Through Science and Technology Award
Stars of Science Award
Harvard Startup Pitch Award
UCSF Best Cardiovascular Digital Company Award
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video