AliveCor Secures $20M Loan from Oxford Finance

healthcareAliveCor, a Mountain View, CA-based provider of solutions to improve cardiac care, secured a $20m loan.

Oxford Finance provided the financing.

The company will use the capital to support growth as well as research and development efforts.

AliveCor provides KardiaMobile, a FDA-cleared product that instantly detects atrial fibrillation and normal sinus rhythm.
The KardiaMobile is used by people worldwide for accurate ECG recordings. KardiaMobile, and KardiaBand, when paired with the Kardia app, provide instant analysis for detecting atrial fibrillation and normal sinus rhythm in an ECG.
Kardia is an A.I. enabled platform for clinicians to manage patients for the early detection of atrial fibrillation. KardiaBand is a FDA-cleared medical device accessory for Apple Watch.



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