Kestra Medical Technologies

Kestra Medical Technologies

Wearable defibrillator system with remote platform

Overview

Kestra Medical Technologies develops digital healthcare devices that protect at-risk cardiac patients. Its flagship ASSURE Wearable Cardioverter Defibrillator system continuously monitors heart rhythm, autonomously detects dangerous rhythms, and delivers defibrillation therapy; it also includes a remote patient data platform for clinicians and a patient app to support recovery. The device combines sensing, detection, and therapy with remote management and payer partnerships to expand access in the United States. Its goal is to improve outcomes for at-risk cardiac patients by making lifesaving defibrillation more widely available.

About Kestra Medical Technologies

Simplify's Rating
Why Kestra Medical Technologies is rated
D+
Rated D+ on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Enterprise Software

Healthcare

Company Size

501-1,000

Company Stage

IPO

Headquarters

Kirkland, Washington

Founded

2014

People at Kestra Medical Technologies

People at Kestra Medical Technologies who can refer or advise you

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Simplify's Take

What believers are saying

  • 63% YoY Q3 2026 revenue growth reflects strong Essure system prescription volume in the U.S.
  • $291M cash reserves provide financial flexibility to scale to 130 sales territories by year-end 2026.
  • Timothy Moran's appointment as Chief Business Officer accelerates payor partnerships and Cardiac Recovery System adoption.

What critics are saying

  • ZOLL LifeVest's 94% market share and entrenched provider relationships block 60–80% of Kestra within 6–12 months.
  • Medicare coverage denial for non-implantable WCD users under new CMS criteria creates 45–65% risk in 6–10 months.
  • $21.2M quarterly EBITDA loss exhausts cash reserves in 13 months, forcing new equity issuance with 65–85% probability.

What makes Kestra Medical Technologies unique

  • ASSURE WCD offers autonomous detection and defibrillation with remote patient data platform integration.
  • FDA-approved algorithm update enhances ventricular event detection and defibrillation performance at HRS 2026.
  • Strategic Biobeat collaboration integrates non-invasive ABPM data, expanding diagnostic insights for cardiac patients.

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Funding

Total Funding

$536M

Above

Industry Average

Funded Over

3 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

401(k) Retirement Plan

401(k) Company Match

Stock Price

Growth & Insights

Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

9%

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