Company:CardiacSense Ltd
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| Industry | Healthcare, Wearables, Medical Device Technology, Heart Arrythmias, Blood pressure |
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| Founded | 2009 |
| Founder |
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| Headquarters | Caesarea , Israel |
Number of employees | 21 |
| Website | www.cardiacsense.com |
CardiacSense is a developer of a wearable technology for continuous cardiac arrhythmia detection and non-inflating blood pressure monitoring.[1] CardiacSense is based in Caesarea, Israel.[2][3][4]
Overview
CardiacSense Ltd is a private limited company founded in 2009 as Sportracker.[5] The company formerly developed a device for tracking heart rate readings during sports activities. In 2015 the company changed its name to CardiacSense and refocused activities on medical devices.[3] CardiacSense’s devices monitor heart rate for the purpose of detecting heart disorders such as atrial fibrillation tachycardia, bradycardia, PVCs, PACs, Pause, LQT and cardiac arrest. The device comes in the form of a wrist watch.[5][2] It monitors heart rate (HR), heart rate variabilities (HRV), respiratory rate, blood pressure (continuously and cuff-less)[5] as well as measures measures oxygen saturation (SpO2) and body temperature, skin temperature, and additional vital signs.[6][3][4]
The watch can monitor and detect sleep apnea as well as Chronic Obstructive Pulmonary Disease (COPD) and Congestive Heart Failure (CHF) patients’ health deterioration.
Technology
CardiacSense technology combines Electrocardiogram (ECG) and Photoplethysmography (PPG) sensors along with a unique mechanics, and algorithm.[2][3] The PPG is an optical sensing technique that measures changes in fluid (blood) volume. The company developed a proprietary optical solution as well as an artifact sensor that improve the accuracy by eliminating movement artifacts in PPG sensor.[3] The device has a continuous monitoring capacity of over a year. In case of Arrhythmia, such as Atrial Fibrillation, the watch alerts the user and send messages to the patient’s physician. The user’s data is saved in the watch memory and uploaded to a cloud application via the user’s cellular device.
In the United States the watch will be issued by prescription and the physician can choose if and when to be notified.[7]
In Europe and rest of the world, the watch will not require prescription.
CardiacSense completed its first clinical trial at the Tel Aviv Sourasky Medical Center in 2016.[5][3]
Since then CardiacSense completed different multi-site clinical trials at the Tel Aviv Sourasky Medical Center, The Rambam Healthcare Campus in Haifa and The Sheba Medical Center in Ramat Gan. The company is planning a series of new clinical trials in Israel and in the USA for respiratory rate, sleep apnea, oxygen saturation and blood pressure.
Capitalization
CardiacSense has raised approximately $3.6 million through angel investors and one public company up to 2017[8] and an additional $4.5 million in 2018-2019.[9][2][10]
The company did additional fundraising and has raised in total $16.2 million by June 2020. [11]
Regulatory
Cardiacsense is currently in the last stages for receiving the CE mark, as well as obtaining FDA certifications for Atrial Fibrillation.[2][4]
References
- ↑ Zhang; Berthelot; Lo (October 2016). Wireless wearable photoplethysmography sensors for continuous blood pressure monitoring. IEEE. doi:10.1109/wh.2016.7764560. ISBN 9781509030903.
- ↑ 2.0 2.1 2.2 2.3 2.4 "Heart Monitoring Company CardiacSense Raises Funds to License Device". CTECH - www.calcalistech.com. 2018-05-27. https://www.calcalistech.com/ctech/articles/0,7340,L-3738922,00.html.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 "ECGs on the move, thanks to Israeli ingenuity". Israel21c. https://www.israel21c.org/ecgs-on-the-move-thanks-to-israeli-ingenuity/.
- ↑ 4.0 4.1 4.2 "New health trackers warn of heart-attack risk, discreetly". USA TODAY. https://www.usatoday.com/story/tech/columnist/2017/12/07/new-health-trackers-warn-heart-attack-risk-discreetly/912878001/.
- ↑ 5.0 5.1 5.2 5.3 "Israeli medical watch co CardiacSense raises $500,000 - Globes" (in he). http://en.globes.co.il/en/article-cardiacsense-raises-500000-1001238257.
- ↑ "לאן הלך הכסף? כל הגיוסים והאקזיטים הישראלים של חודש נובמבר" (in he-IL). גיקטיים. 2017-12-02. https://www.geektime.co.il/startup-invesments-november-2017/.
- ↑ "קארדיאק סנס הישראלית מגייסת 700 אלף דולר מקליבלנד קליניק האמריקנית" (in he-IL). אנשים ומחשבים - פורטל חדשות היי-טק, מיחשוב, טלקום, טכנולוגיות. 2017-10-03. http://www.pc.co.il/featured/250711/.
- ↑ "קארדיאק-סנס הישראלית מגייסת 750 אלף דולר לפיתוח שעון שיתריע על התקפי לב" (in he-IL). גיקטיים. 2017-11-05. https://www.geektime.co.il/cardiac-sense-raises-750k/.
- ↑ "CardiacSense | Crunchbase". https://www.crunchbase.com/organization/sportracker.
- ↑ "Israeli medical watch co CardiacSense raises $500,000 | FirstWord MedTech". http://www.firstwordmedtech.com/node/1007305.
- ↑ "CardiacSense | Crunchbase". https://www.crunchbase.com/organization/sportracker.
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