iRhythm Technologies

About

iRhythm Technologies provides diagnostic monitoring solutions that facilitate the early diagnosis and treatment of cardiac arrhythmia.

San Francisco,California,United States
101 - 250
http://www.irhythmtech.com

Highlights

Details

Last Funding Type: Series D
Last Funding Money Raised: $16M
Industries: Health Care,Health Diagnostics,Medical Device,mHealth,Wearables
Founded date: Jan 1, 2006
Number Of Employee: 101 - 250
Operating Status: Active
Stock Symbol: nasdaq:IRTC
Legal Name: iRhythm Technologies, Inc.

iRhythm provides innovative and cost-effective diagnostic monitoring solutions that facilitate early diagnosis and treatment decisions, with the goal of ultimately improving patient health outcomes and reducing wasteful healthcare spending. Its flagship product, the Zio® Patch, is designed to optimize and simplify the diagnosis of cardiac arrhythmias. Zio® Patch is the smallest, lightest, least conspicuous cardiac arrhythmia diagnostic available and is indicated for up to 14-day monitoring.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

14

$575.17M

iRhythm Technologies has raised a total of $575.17M in funding over 2 rounds. Their latest funding was raised on Aug 21, 2020 from a Post-IPO Secondary round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 21, 2020	Post-IPO Secondary	$220M	—	—	—	Detail
Sep 11, 2019	Post-IPO Equity	$115M	—	—	—	Detail
Oct 20, 2016	IPO	$107M	—	—	—	Detail
May 22, 2014	Series E	$27.34M	2	Novo Holdings	—	Detail
Apr 10, 2013	Series D	$16M	5	Norwest Venture Partners	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

iRhythm Technologies has made 2 investments. Their most recent investment was on Oct 10, 2019, when Parsley Health raised $26M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Oct 10, 2019 Parsley Health	Series B	$26M	Health Care	—
Apr 21, 2016 Sibly	Seed	—	Health Care	—

Investors

Number of Lead Investors

Number of Investors

6

10

iRhythm Technologies is funded by 10 investors. Novo Holdings and California HealthCare Foundation are the most recent investors.

Investor Name	Lead Investor	Funding Round
Novo Holdings	Yes	Series E
California HealthCare Foundation	Yes	Series Unknown
Norwest Venture Partners	—	Series E
Kaiser Permanente Ventures	—	Series D
New Leaf Venture Partners	—	Series D
Stanford University	—	Series D
Synergy Life Science Partner	—	Series D
Mohr Davidow Ventures	—	Private Equity（PE）
St. Jude Medical	—	Series Unknown
TBJ Investments	—	Series A