RhythMedix, LLC
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
RhythMedix, LLC - overview
Established
2013
Location
Mt. Laurel, NJ, US
Primary Industry
Medical Devices & Equipment
About
Based in New Jersey, US, and founded in 2013, RhythMedix, LLC provides medical device and wireless medical technology solutions for cardiac monitoring. The company was co-founded by Brian Pike (COO) and Stan Biletsky (CTO). In January 2024, Pharos Capital, along with the company's management, acquired RhythMedix. The company offers a wearable cardiac monitoring medical device RhythmStar that uses cloud-based algorithms to evaluate every heartbeat.
This device connects patients with physicians using built-in 4G cellular technology enabling real-time connectivity without any extra devices. The January 2024 acquisition will help the company to grow its market share, increase R&D efforts, and expand into adjacent remote patient monitoring modalities.
Current Investors
Pharos Capital Group
Primary Industry
Medical Devices & Equipment
Sub Industries
Monitoring Equipment, Analytics & Performance Software, Medical Software
Website
www.rhythmedix.com/
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
RhythMedix, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | RhythMedix, LLC | - |
Displaying 1 - 1 of 1
RhythMedix, LLC - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.