QT Medical
Medical device company specializing in cloud-connected cardiac monitoring devices.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | $12.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 8 % | 26 % | - | 15 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
QT Medical, Inc. is a medical device startup focused on providing advanced telehealth solutions, particularly in the field of cardiac care. The company specializes in developing easy-to-use, hospital-quality ECG (electrocardiogram) devices for home use. Its primary product, the QT ECG PCA 500, simplifies the process of performing a full 12-lead ECG through a pre-positioned electrode strip and a user-friendly mobile app available on both the App Store and Google Play. This makes it accessible for patients, including the elderly and young athletes, to monitor their heart health from the comfort of their homes.
QT Medical operates in the telemedicine and home care market, targeting individual patients, healthcare providers, and institutions such as universities and major medical centers. The business model revolves around the sale of its ECG devices and the accompanying mobile app, as well as potential subscription services for continuous monitoring and data analysis.
The company generates revenue through direct sales of its products and possibly through partnerships and collaborations with healthcare institutions for large-scale studies and research. QT Medical is committed to ongoing research and development to enhance its product offerings and expand its market reach.
Keywords: telehealth, cardiac care, ECG devices, home use, elderly patients, young athletes, mobile app, healthcare providers, research and development, remote monitoring.