Eko

Eko

Develops AI-enhanced digital stethoscopes for cardiovascular detection

About Eko

Simplify's Rating
Why Eko is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

AI & Machine Learning

Biotechnology

Healthcare

Company Size

51-200

Company Stage

Series D

Total Funding

$234.2M

Headquarters

Oakland, California

Founded

2013

Overview

Eko Health creates advanced medical devices and software to improve cardiovascular disease detection. Their main product is a digital stethoscope that connects to AI-powered software, helping healthcare professionals identify heart conditions like atrial fibrillation and heart murmurs. Eko stands out by combining traditional stethoscope features with modern technology, using a large dataset of heart sounds to ensure accurate detection. The company's goal is to enhance early detection and intervention in heart and lung diseases, leading to better patient outcomes.

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Simplify's Take

What believers are saying

  • Eko's AI-powered stethoscopes are gaining traction in sports medicine, like LSU Athletics.
  • The AMA's CPT code for Eko's SENSORA platform suggests potential reimbursement opportunities.
  • Collaborations with institutions like Mayo Clinic enhance Eko's credibility and innovation.

What critics are saying

  • Increased competition from companies like Astellas Pharma could impact Eko's market share.
  • Rapid technological advancements may render Eko's products obsolete without continuous innovation.
  • The new CFO's strategic shifts might disrupt current operations or focus areas.

What makes Eko unique

  • Eko Health integrates AI with digital stethoscopes for enhanced cardiovascular disease detection.
  • Their products offer Bluetooth connectivity, noise cancellation, and automated heart disease detection.
  • Eko leverages the largest dataset of heart sounds to train its AI algorithms.

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Funding

Total Funding

$234.2M

Above

Industry Average

Funded Over

7 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Below Average

Industry standards

$77M
$41M
Eko
$50M
Hello Fresh
$70M
Twilio
$80M
Handshake
$100M
Affirm

Benefits

Paid-time off

Medical/Dental/Vision, Disability + Life Insurance

Volunteer time off

One Medical membership

Parental Leave

401(k) Matching

Work from home equipment stipend

Flexible schedules

Wellness programs (Wellness Wednesdays, Time off)

Wellness perks (Headspace, Ginger, Aaptiv, Physera)

Learning and Development stipend

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-1%
PA News
Apr 15th, 2025
Eko Health Broadens Global Reach with UK Launch of AI-Powered Stethoscope Platform

Eko Health broadens global reach with UK launch of ai-powered stethoscope platform.

Health Technology Insights
Apr 9th, 2025
Eko Health Launches CORE 500 Stethoscope and Eko+ in Canada

Eko Health, a leader in applying artificial intelligence (AI) for the early detection of heart and lung diseases, announced the launch of the CORE 500(TM) Digital Stethoscope and Eko+ Membership in Canada.

Hit Consultant
Jan 17th, 2025
Recent Digital Health Executive Hires And Promotions: Medidata Expands Team, Carerev, Philips, Eko Health, Others

AVIZVA, a health-tech organization that offers a variety of solutions for healthcare enterprises, that it has appoints James Vertino as its new CEO.Model N appoints Bret Connor as Chief Executive Officer. The Board of Directors of Blue Shield of California appoints Lois Quam as chief executive officer to lead Blue Shield of California, the first woman to serve as CEO in the health plan’s 86-year history. She joined the company as president in 2024.   Yaqrit, a late-stage biotech and medtech company developing lifesaving treatments for advanced liver diseases appoints Troels Jordansen has joined Yaqrit as Chief Executive Officer.OP Solutions names Michael Kallish as Chief Executive Officer, effective immediately.Access TeleCare appoints Dr. Michael Genovese to Chief Medical Officer for Behavioral Health.Enveda appoints Jason Kim as Chief Financial Officer (CFO).Eko Health appoints of Justin Spencer as Chief Financial Officer (CFO). (Pull from site)Qure.ai appoints Jim Mercadante as its new Chief Commercial Officer. (Pull from site)Symplr, appoints Dr

MassDevice
Jan 9th, 2025
Eko Health names new CFO

Eko Health, maker of AI-powered disease detection devices, announced today that it appointed Justin Spencer as its new CFO.

Hit Consultant
Jan 9th, 2025
Eko Health Appoints Justin Spencer As Chief Financial Officer

Eko Health Appoints Justin Spencer as Chief Financial Officer. by Healthcare Executive Hires 01/09/2025 Leave a Comment. Justin Spencer, Chief Financial Officer at Eko HealthWhat You Should Know: – Eko Health, a pioneer in AI-powered heart and lung disease detection, announced today the appointment of Justin Spencer as Chief Financial Officer (CFO). – Spencer brings a wealth of experience in scaling technology companies and driving financial success, making him a valuable addition to Eko’s executive leadership team.Spencer Bio/BackgroundSpencer’s impressive track record includes serving as CFO at Vocera Communications, Symmetricom, and Covad Communications. At Vocera, he played a key role in driving growth and operational scale, which ultimately led to a $3 billion acquisition by Stryker. Spencer has held positions in corporate strategy, development, and product management, providing him with a broad operational and strategic perspective that complements his financial expertise. He also served on the Board of Directors of iPass Inc., including as Audit Committee Chair, until the company’s sale in 2019

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Vice President of Finance

$240k - $260k/yr

Oakland, CA, USA

Eko is Hiring for 1 Jobs on Simplify!

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Eko is Hiring for 1 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Eko's jobs every few hours, so check again soon! Browse all jobs →