What is HeartLab?
HeartLab offers a comprehensive platform for echocardiograms, the critical ultrasound tests used to assess heart structure and function. Their software not only aids physicians in the analysis of ultrasound images for diagnosing cardiovascular disease but also optimizes workflow by automating the generation of patient reports, which can be seamlessly integrated into electronic health records. Founded in 2018 and based in Auckland, New Zealand, HeartLab is positioned at the intersection of medical imaging technology and artificial intelligence, aiming to enhance diagnostic accuracy and efficiency in cardiology.
How much funding has HeartLab raised?
HeartLab has raised a total of $3.3M across 2 funding rounds:
Angel/Seed
$800K
Angel/Seed
$2.5M
Angel/Seed (2020): $800K with participation from Founders Fund and Icehouse Ventures
Angel/Seed (2021): $2.5M led by Founders Fund, Outset Ventures, and Icehouse Ventures
Key Investors in HeartLab
Founders Fund
Founders Fund is a prominent venture capital firm known for investing in transformative companies across various sectors and stages, with partners having a track record of backing successful ventures like SpaceX and Palantir.
Outset Ventures
Outset Ventures is an incubator and early-stage investor focused on empowering deep tech startups in New Zealand, providing crucial investment, space, and support to foster innovation.
Icehouse Ventures
Icehouse Ventures is an early-stage venture firm with a substantial asset base, originating from NZ's first angel network, dedicated to supporting New Zealand founders in building world-class companies.
What's next for HeartLab?
With significant enterprise-level backing, HeartLab is poised for accelerated growth and market expansion. The recent strategic investment suggests a focus on scaling operations, further developing its AI-driven analytical capabilities, and potentially forging partnerships within the healthcare ecosystem. This capital infusion will likely enable HeartLab to enhance its product offerings, broaden its reach to more healthcare providers, and solidify its position as a key player in the digital health sector, particularly in the diagnosis and management of heart conditions.
See full HeartLab company page
