How Much Did HeartLab Raise?
Funding & Key Investors

HeartLab, a prominent player in the medical imaging software sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $3.3M. This latest infusion of $2.5M underscores the market's confidence in the company's ability to modernize cardiovascular diagnostics through advanced software solutions. By leveraging this recent financing, HeartLab is well-positioned to accelerate its mission of digitizing echocardiogram workflows, ensuring that clinical teams can diagnose cardiovascular disease with unprecedented precision and efficiency.

The company's growth trajectory, marked by consistent backing from high-profile venture firms, reflects a clear maturation from its 2018 inception to its current status as a critical infrastructure provider in the New Zealand health-tech ecosystem. This capital injection serves as a pivotal milestone, enabling the firm to scale its operations and expand its footprint in the global healthcare market.

What is HeartLab?

HeartLab
SoftwareHealthcare Software

Headquartered in Auckland, New Zealand, HeartLab provides an end-to-end software solution designed to optimize the analysis and management of echocardiograms. The platform serves as a comprehensive tool for clinicians, facilitating the sorting and interpretation of complex ultrasound imagery while automating the generation of patient reports. By integrating directly into existing health records, HeartLab effectively removes administrative bottlenecks, allowing medical professionals to focus on patient outcomes rather than manual data entry. The company occupies a strategic niche at the intersection of deep tech and clinical cardiology, addressing the growing demand for automated, high-fidelity diagnostic tools in modern healthcare environments.

How much funding has HeartLab raised?

HeartLab has raised a total of $3.3M across 2 funding rounds:

2020

Angel/Seed

$800K

2021

Angel/Seed

$2.5M

Angel/Seed (2020): $800K with participation from Founders Fund and Icehouse Ventures

Angel/Seed (2021): $2.5M led by Outset Ventures, Icehouse Ventures, and Founders Fund

Key Investors in HeartLab

Outset Ventures

A New Zealand-based deep tech venture fund that provides specialized laboratory space and strategic support to help founders transform ambitious concepts into global enterprises.

Icehouse Ventures

One of New Zealand's most active early-stage venture firms, managing a diverse portfolio and a vast network of co-investors dedicated to backing brave founders.

Founders Fund

A prominent venture capital firm known for its founder-friendly investment strategy and a history of backing transformative companies across various global sectors.

What's next for HeartLab?

With the recent influx of capital, HeartLab is poised to transition into a phase of rapid enterprise-level scaling. The strategic roadmap likely involves enhancing its proprietary image analysis algorithms and expanding its market reach beyond its domestic base. As the company continues to refine its software, the focus will remain on deepening its integration capabilities within hospital information systems, thereby solidifying its role as an essential component of the modern cardiology department. The ongoing support from its investor base suggests a long-term commitment to establishing HeartLab as a global standard for cardiovascular diagnostic workflows.

See full HeartLab company page
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Frequently Asked Questions Regarding HeartLab Financial Insights

What are the most recent funding rounds that HeartLab has completed, and what were the funding rounds?
HeartLab has recently completed 2 funding rounds: Angel/Seed on Sep 16, 2021, Angel/Seed on Oct 10, 2020.
What is the total amount of funding HeartLab has raised to date?
HeartLab has raised a total of $3.3M in funding to date.
How many funding rounds has HeartLab completed?
HeartLab has completed 2 funding rounds.
How much funding did HeartLab raise in its most recent funding round?
HeartLab raised $2.5M in its most recent funding round.
Who are the lead investors in HeartLab's latest funding round?
The lead investor in HeartLab's latest funding round was Outset Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in HeartLab's history?
The largest funding round in HeartLab's history was $2.5M.
See more information about HeartLab