PaceMate

PaceMate

Remote cardiac monitoring and telemedicine platform

Overview

PaceMate provides remote cardiac monitoring through a cloud-based platform that healthcare providers use to collect, monitor, and analyze real-time heart data from patients. The system supports virtual care by integrating telemedicine features such as videoconferencing and continuous data streams, enabling clinicians to assess heart health without in-person visits. The product works by gathering data from patients’ monitoring devices, sending it to the cloud where it is analyzed, and delivering actionable insights to clinicians for timely decisions. PaceMate differentiates itself by combining real-time analytics with seamless telemedicine integration and by forming partnerships with healthcare organizations on a subscription model, rather than relying on standalone devices. Its goal is to improve patient outcomes, increase the efficiency of cardiac care, and reduce infection risk by enabling safe, remote monitoring and care at scale.

About PaceMate

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

Industries

Data & Analytics

Enterprise Software

Healthcare

Company Size

201-500

Company Stage

Series A

Total Funding

$8M

Headquarters

Saint Petersburg, Florida

Founded

2015

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Simplify's Take

What believers are saying

  • June 2026 ISO/IEC 27001:2022 certification strengthens enterprise sales into cautious health systems.
  • April 2026 CMO Benjamin Steinberg adds electrophysiology credibility and machine-learning leadership.
  • PaceMate keeps hiring sales, product, and device specialists, signaling ongoing expansion.

What critics are saying

  • Medtronic and Philips can bundle competing monitoring software into device contracts by 2027.
  • AI expansion raises liability if algorithms misprioritize arrhythmias or worsen clinician trust.
  • A security breach or failed Paceart migration would trigger hospital churn and existential reputational damage.

What makes PaceMate unique

  • PaceMate controls Paceart data migration and SessionSync integration across Medtronic workflows.
  • Its cloud platform integrates with every major EHR and unifies cardiac monitoring workflows.
  • PaceMate cites 33 peer-reviewed publications and a research-grade dataset across 2.3 million patients.

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Funding

Total Funding

$8M

Below

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8M
PaceMate
$8.2M
Discord
$15M
Canva
$30M
Kalshi

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Paid Vacation

Discount Program

Hospital Indemnity

Critical Illness

Accident Coverage

Legal Services

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 2%

2 year growth

↑ 3%
Wainscot Media
Sep 16th, 2025
PaceMate Readies Cardiac Monitoring Platform for AI Expansion, Names New Head of AI

Sept. 16, 2025 - PaceMate has appointed Sean Shoffstall as Head of AI, Innovation and Data Strategy.

Business Wire
Aug 15th, 2025
PaceMate® Acquires Medtronic Paceart Optima™ System, Bringing Complementary Capabilities to Cardiac Data Management

PaceMate®, a pioneer in cardiac data management and remote monitoring, announced today the acquisition of the Paceart Optima™ system, an on-premises cardiac ...

Teknovation.biz
Jun 17th, 2025
Southeast Shoutouts | Wilmington, Nc Becoming A Hotbed For Entrepreneurs

From Wilmington, NC: What a difference a decade-plus can make. As noted in this article from WilmingtonBiz, the coastal Carolina community is ranked #60 in the recent “Global Start-up Ecosystem... The post Southeast Shoutouts | Wilmington, NC becoming a hotbed for entrepreneurs appeared first on Teknovation.biz.

Business Wire
Jun 5th, 2025
PaceMate(R) Names JR Finkelmeier CEO As It Sets Its Sights on Large-Scale Expansion

Finkelmeier joined PaceMate as Chief Commercial Officer in 2024, after years leading Philips' multi-hundred-million-dollar ambulatory monitoring division.

PaceMate
May 2nd, 2025
Recap: PaceMate at HRS 2025: Innovations in Cardiac Remote Monitoring

New Releases At HRS 2025, PaceMate, LLC were excited to announce its Proprietary PaceArt Historic Data Migration Tool, offering PaceArt customers the exclusive capability to migrate their historical PaceArt data to PaceMateLIVE - its next-generation, cloud-based platform built for the future of cardiac data management.

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