Cardiogram

Cardiogram Raises $20M in Series B

Cardiogram has successfully raised $20M in a Series B at a $100M valuation led by Khosla Ventures, IA Ventures.

Company Overview

Cardiogram is a HealthTech company headquartered in San Francisco, CA, founded in 2016 with 50+ employees.

AI-powered heart health platform

Fundraising Details

• Amount Raised: $20M
• Round Type: Series B
• Valuation: $100M
• Date: 2020-06-15
• Investors: Khosla Ventures, IA Ventures

About Cardiogram

AI-powered heart health platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: San Francisco, CA
• Founded: 2016
• Team Size: 50+
• Industry: HealthTech

What This Means

This funding round demonstrates strong investor confidence in Cardiogram's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Cardiogram's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $100M valuation marks an important milestone for Cardiogram, positioning the company among notable players in the HealthTech industry.

Looking Ahead

With this new capital, Cardiogram is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2020-06-15. For more information about Cardiogram, visit their headquarters at San Francisco, CA.