iRhythm Technologies
↗San Francisco, United States
iRhythm Technologies is a leading digital healthcare company focused on the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services. The company's flagship Zio system combines wearable biosensing technology with cloud-based data analytics and proprietary machine-learning algorithms to detect, predict, and prevent cardiac arrhythmias.
The company's platform, Zio by iRhythm, provides physicians with a more efficient and accurate way to diagnose arrhythmias compared to traditional Holter monitors. By offering long-term continuous monitoring (up to 14 days), iRhythm enables earlier medical intervention and helps avoid serious downstream events such as strokes. The company is publicly traded on the NASDAQ and has established a significant presence in the U.S. and international markets, including the UK and Japan.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:
Industry:Medical Devices
Sub-Industry:Digital Health / Diagnostics
SIZE & FINANCIALS
Employees:1001-5000
Revenue:$700M-$800M
Founded:2006
Ownership:public
Status:operating
FUNDING
Stage:Public
Total Raised:$468.2M
Investors:New Leaf Venture Partners, Synergy Life Science Partners, Kaiser Permanente Ventures, Norwest Venture Partners
STOCK
Exchange:NASDAQ
Ticker:IRTC
Market Cap:$4.78B
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Wearable Biosensors, AI/ML Analytics, Digital Health Platform
Active Trials:12
Trial Phases:Phase 4: 5
FDA Approvals:5
EMA Approvals:2
CORPORATE STRUCTURE
Subsidiaries:iRhythm Technologies UK Ltd, iRhythm Technologies Singapore
Key Partnerships:BioIntelliSense (Technology licensing for pulse oximetry and blood pressure), Verily (Former development partner, terminated 2024)
COMPETITION
Position:Leader
Competitors:Philips (BioTelemetry), GE HealthCare, Baxter (Bardy Diagnostics), Boston Scientific (Preventice Solutions), AliveCor, Apple
LEADERSHIP
Key Executives:
Quentin Blackford - CEO
Daniel Wilson - CFO
Scientific Founders:Uday N. Kumar
Board Members:Quentin Blackford, Abhijit Talwalkar, Karen Drexler
LINKS
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