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Home>Cardiologs Raises $6.4 Million to Lead the AI Revolution in Cardiology

Cardiologs Raises $6.4 Million to Lead the AI Revolution in Cardiology

Cardiologs Raises $6.4 Million to Lead the AI Revolution in Cardiology

10/05/2017

Cardiologs Raises $6.4 Million to Lead the AI Revolution in Cardiology

Company’s cloud-based and Artificial Intelligence-powered ECG analysis solution assists healthcare professionals in screening for heart diseases.

Cardiologs Technologies announced today that it has raised $6.4 million in a Series A financing with a syndicate of life science and technology investors (Idinvest, ISAI, Kurma Partners, Partech Ventures) and with continued support and participation from current investor Bpifrance seed fund (F3A). This round brings total funding of Cardiologs to $10 million. Proceeds will be dedicated to fast-forward commercialization of the Cardiologs ECG Analysis Platform in the United States and Europe.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171005005786/en/

Cardiologs Raises $6.4 Million to Lead the AI Revolution in Cardiology (Photo: Business Wire)

Cardiologs Raises $6.4 Million to Lead the AI Revolution in Cardiology (Photo: Business Wire)

“Ambulatory ECG analysis and reporting is a labor-intensive process that can result in delays for arrhythmia detection and increased costs,” said Yann Fleureau, co-founder and CEO of Cardiologs Technologies. “Our Cardiologs team has trained a neural network using more than 500,000 recordings, and this training dataset keeps growing,” said Fleureau. “The result is that Cardiologs is designed to recognize patterns in a cardiac signal for fast and precise analysis of heart diseases in a similar intuitive manner as expert cardiologists,” said Fleureau.

In July 2017, Cardiologs announced FDA clearance of its Cardiologs ECG Analysis Platform, an ECG- analysis web solution powered by Artificial Intelligence (AI). Cardiologs assists physicians in screening for 10 arrhythmias including Atrial Fibrillation (AFib) using ambulatory ECG monitoring recordings.

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