FinTechFunding

Cordio Medical: Raises $18M in Funding

Cordio Medical Raises $18M in Funding

  • Cordio Medical, a NYC-based medical speech processing platform provider, raised $18m in funding
  • Backers included Ceros Capital Markets, the investment banking division of Ceros Financial Services, and Peregrine Ventures
  • The company intends to use the funds to support clinical studies, partnerships, operations, and R&D
  • CordioMedical develops and provides solutions for monitoring health conditions through a patient’s speech
  • Its technologies are based on true speech signal processing technology, unique to each patient, augmented with machine learning capabilities
  • A patient speaks into a smartphone app backed by proprietary algorithms that allow near real-time monitoring and early detection of condition deterioration
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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