How Much Did AliveCor Raise?
Funding & Key Investors

AliveCor has successfully navigated multiple stages of growth, securing a total of $154.6M in capital to advance its mission in the digital health sector. The company's most recent strategic investment of $65M underscores its pivotal role in the evolution of remote cardiac monitoring and medical-grade diagnostic software.

Since its inception, the firm has demonstrated a consistent trajectory of scaling its operations, moving from early-stage development to a mature enterprise-level entity. This influx of financing has been instrumental in refining its proprietary EKG technology and expanding its market reach within the competitive healthcare landscape.

What is AliveCor?

AliveCor
ManufacturingMedical Devices & EquipmentHealthcare Software

AliveCor, Inc. is a prominent medical software company that has redefined the accessibility of cardiac diagnostics. By developing innovative hardware such as the KardiaMobile 6L and the KardiaMobile Card, the company enables users to record medical-grade EKGs anywhere and at any time. These devices, paired with the KardiaCare platform, provide users with the power to detect six of the most common arrhythmias, effectively bridging the gap between clinical-grade diagnostics and consumer-friendly mobile technology. Headquartered in Mountain View, California, the company has established itself as a leader in the intersection of mobile computing and cardiology.

How much funding has AliveCor raised?

AliveCor has raised a total of $154.6M across 7 funding rounds:

2011

Series A

$3.3M

2012

Series B

$10.5M

2016

Series C

$20M

2017

Series D

$30M

2019

Debt

$20M

Other Financing Round

$5.8M

2020

Series E

$65M

Series A (2011): $3.3M with participation from Oklahoma Life Science Fund, Qualcomm Ventures, and Burrill & Co.,

Series B (2012): $10.5M led by Khosla Ventures, Qualcomm Ventures, Burrill & Co.,, and Oklahoma Life Science Fund

Series C (2016): $20M supported by WP Global Partners

Series D (2017): $30M featuring Mayo Clinic and Omron Healthcare

Debt (2019): $20M backed by Oxford Finance

Other Financing Round (2019): $5.8M, investors not publicly disclosed

Series E (2020): $65M led by WP Global Partners, BOLD Capital Partners, Qualcomm Ventures, Khosla Ventures, and OMRON Corporation

Key Investors in AliveCor

Qualcomm Ventures

A global technology firm that develops advanced semiconductor and wireless communication solutions, focusing on accelerating the adoption of next-generation connectivity and intelligent computing.

Khosla Ventures

A venture capital firm providing strategic advice and assistance to entrepreneurs working on breakthrough technologies across health, AI, and enterprise sectors.

BOLD Capital Partners

A venture capital firm dedicated to investing in transformative technologies and entrepreneurs who aim to disrupt large markets and address significant global challenges.

What's next for AliveCor?

With the support of its latest capital injection, AliveCor is well-positioned to further integrate its diagnostic tools into the broader healthcare ecosystem. The company is expected to focus on enhancing its algorithmic capabilities for arrhythmia detection and expanding its strategic partnerships with global health organizations. By leveraging its existing infrastructure and the backing of high-profile investors, AliveCor aims to continue its trajectory of democratizing heart health monitoring, potentially exploring new frontiers in preventative medicine and remote patient management systems.

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Frequently Asked Questions Regarding AliveCor Financial Insights

What are the most recent funding rounds that AliveCor has completed, and what were the funding rounds?
AliveCor has recently completed 3 funding rounds: Series E on Nov 16, 2020, Other Financing Round on Oct 22, 2019, Debt on Jan 28, 2019.
What is the total amount of funding AliveCor has raised to date?
AliveCor has raised a total of $154.6M in funding to date.
How many funding rounds has AliveCor completed?
AliveCor has completed 3 funding rounds.
How much funding did AliveCor raise in its most recent funding round?
AliveCor raised $65M in its most recent funding round.
Who are the lead investors in AliveCor's latest funding round?
The lead investor in AliveCor's latest funding round was WP Global Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in AliveCor's history?
The largest funding round in AliveCor's history was $65M.
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