iRhythm Technologies, Inc.

iRhythm Technologies, Inc.

iRhythm Technologies, Inc.

Overview
Date Founded

2016

Headquarters

650 TOWNSEND STREET, SUITE 380, SAN FRANCISCO, CA, 94103

Type of Company

Public

Employees (Worldwide)

1,157

Industries

Medical Products & Equipment
Appliances & Electronics
Apparel & Footwear
IT Consulting & Services
Hospitals & Patient Services
Medical Support Services
Biotechnology

Company Description

iRhythm Technologies, Inc. engages in the development of monitoring and diagnostic solutions for detection of cardiac arrhythmias. It offers Zio XT, is a wearable patch-based biosensor, continuously records, and stores ECG data from every patient heartbeat for up to 14 consecutive days; and Zio AT, also provides ECG data but also provides physicians with actionable notifications during the wear period. The company was founded by Uday N. Kumar in September 2006 and is headquartered in San Francisco, CA.

Contact Data
Trying to get in touch with decision makers at iRhythm Technologies, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President & Chief Executive Officer

Chief Financial Officer & Secretary

Executive Vice President of Marketing

Executive Vice President of Strategy, Corporate Development & Investor Relations

Executive Vice President of Information Technology & Customer Service

Executive Vice President of Sales

Executive Vice President, Products & Chief Clinical Officer

Executive Vice President, Research & Development

Executive Vice President, Clinical Operations

Executive Vice President, Payer Relations & Market Access

Paths to iRhythm Technologies, Inc.
Potential Connections via
Relationship Science
You
iRhythm Technologies, Inc.
Owners & Shareholders
Details Hidden

BCM provides investment services to clients on an individual basis, taking into consideration each client's investment objectives, goals, circumstances, and investment needs. When selecting securities and determining the total amount to be purchased or sold, the firm observes the investment policies, limitations and restrictions of the client accounts for which it advises. Their primary approach in evaluating securities is fundamental analysis. The investment strategy employed by BCM generally involves establishing long-term positions. The principal drivers for their sell discipline are: (1) when the fundamentals that spurred the original investment change adversely; (2) the security becomes overvalued, or; (3) it is determined that the security has been an investment mistake. Short sales, margin transactions and options (in all forms) are not utilized.

Details Hidden

Jackson Square generally pursues an investment strategy of long-term capital growth and seeks to add value primarily through securities selection. The firm primarily recommends equity securities of US and non-US issuers, although it recommends a variety of securities and does not limit its recommendations to a particular type of security. Jackson Square uses a bottom-up approach to select securities they believe have large end market potential or dominance of a profitable niche market, superior business models, and strong free cash flow generation that are attractively priced compared to the intrinsic value of the securities.

Details Hidden

Rock Springs’ funds aims to generate capital appreciation through investments in a combination of public and private securities of companies in healthcare and healthcare-related industries. The funds focus mostly on public equities, utilizing a long-term, research-intensive approach to investing in healthcare and healthcare-related industries, with a particular emphasis on those companies and/or products that Rock Springs believes serve critical unmet needs.

Recent Transactions
Details Hidden

iRhythm Technologies, Inc. issued USD Common Stock

Details Hidden

iRhythm Technologies, Inc. issued USD Common Stock

Details Hidden

iRhythm Technologies, Inc. issued USD Common Stock

Insider Transactions
Details Hidden
Details Hidden
Transaction Advisors
Underwriter

Advised oniRhythm Technologies, Inc. issued USD Common Stock

Underwriter

Advised oniRhythm Technologies, Inc. issued USD Common Stock

Underwriter

Advised oniRhythm Technologies, Inc. issued USD Common Stock

Underwriter

Advised oniRhythm Technologies, Inc. issued USD Common Stock

Associate

Advised oniRhythm Technologies, Inc. issued USD Common Stock

Legal Advisor

Advised oniRhythm Technologies, Inc. issued USD Common Stock

Advisors & Consultants
Legal Advisor

Partner at Wilson Sonsini Goodrich & Rosati PC

Consultant

Chief Financial Officer at Imperative Care, Inc.

Clients

The Government of the United States of America is the federal government of the republic of fifty states that constitute the United States, as well as one capital district, and several other territories. The federal government is composed of three distinct branches: legislative, executive and judicial, whose powers are vested by the U.S. Constitution in the Congress, the President, and the federal courts, including the Supreme Court, respectively.

XIFIN, Inc. engages as a healthcare information technology company. Its products and services include revenue cycle management, laboratory information systems, precision medicine informatics, and digital pathology consultation. The company was founded by Lâle White, Donald Lavigne, Michael Coats, and Jeffrey Yates in 1997 and is headquartered in San Diego, CA.

Verily Life Sciences LLC provides healthcare solutions for global markets. The firm specializes in healthcare, hardware, software, clinical studies, scientific research, disease management platforms, sensors, population health management and precision medicine. It develops tools to collect and organize health data. The company is headquartered in South San Francisco, CA.

Key Stats and Financials As of 2020
Market Capitalization
$2.34B
Total Enterprise Value
$6.37B
Earnings Per Share
$-1.58
EBITDAMargin
-11.59%
EBITDA
$-30.7M
Three Year Compounded Annual Growth Rate Of Revenue
39.11%
Revenue
$265M
Net Profit
$-43.8M
Total Equity
$342M
Total Debt
$122M
Debt TEV
0.02x
TEVNet Income
-145.35x
Enterprise Value / Sales
24.03x
Non-Profit Donations & Grants
Investors
Details Hidden

Novo Ventures is an active manager which provides funding for early and later-stage capital requirements, and provides management support. The firm invests in both public and private companies from Northern Europe and the United States. Novo Ventures targets companies operating in the health technology and health services sector, and industries such as biotechnology and medical specialties. It looks to take minority stake positions in its investments, as well as a seat on the board.

Details Hidden

Synergy Life Science Partners focuses on investments in private, US early-stage medical device companies and emerging companies combine medical devices with therapeutic payloads such as drugs or biologics. The firm focuses on early-stage companies operating in large therapeutic areas including: cardiovascular, orthopedics/spine, ophthalmology, obesity/diabetes, oncology, gastro-intestinal disease, central and peripheral nervous system, aesthetics, genito-urinary and respiratory disease. They look for companies with productive, domain-experienced management teams and big ideas that are backed with focused, capital efficient, clinically-driven development plans and sound business models. Synergy Life Science Partners also looks for companies with unchallenged intellectual property that can maximize the platform's potential. Companies must have predictable and capital efficient regulatory and clinical paths and clear paths to procure adequate reimbursement. The firm invests in early-stage companies that are raising their first or second round of venture financing, that have met proof-of-concept. Synergy invests a portion of their funds in opportunities originated through Synecor, a medical incubator founded in 2000 by Richard Stack and Bill Starling.

Details Hidden

California HealthCare Foundation invests in companies located in US. The firm targets companies operating in the fields of health care services and information technology services. They provides financing for debt and buyout transactions.

Suppliers
Amazon.com, Inc. IT Consulting & Services | Seattle, Washington

Amazon.com, Inc. engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as www.amazon.com and www.amazon.ca. The International segment offers retail sales of consumer products and subscriptions through internationally-focused websites. The Amazon Web Services segment involves in the global sales of compute, storage, database, and AWS service offerings for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.

XIFIN, Inc. Medical Support Services | San Diego, CALIFORNIA

XIFIN, Inc. engages as a healthcare information technology company. Its products and services include revenue cycle management, laboratory information systems, precision medicine informatics, and digital pathology consultation. The company was founded by Lâle White, Donald Lavigne, Michael Coats, and Jeffrey Yates in 1997 and is headquartered in San Diego, CA.

Kimball Electronics, Inc. Appliances & Electronics | Jasper, IN

Kimball Electronics, Inc. engages in the provision of engineering, manufacturing, and supply of chain services to customers in the automotive, medical, industrial and public safety end markets. It offers the following solutions: design services, rapid prototyping and new product introduction support, production and testing of printed circuit board assemblies, industrialization and automation of manufacturing processes, reliability testing, assembly, production, and packaging of other related non-electronic products, supply chain services, and complete product life cycle management. The company was founded in 1961 and is headquartered in Jasper, IN.

Competitors
General Electric Company Power & Utilities - Boston, MA

General Electric Co. engages in the provision of technology and financial services. It operates through the following segments: Power, Renewable Energy, Aviation, Healthcare, and Capital. The Power segment offers technologies, solutions, and services related to energy production, which includes gas and steam turbines, generators, and power generation services. The Renewable Energy segment provides wind turbine platforms, hardware and software, offshore wind turbines, solutions, products and services to hydropower industry, blades for onshore and offshore wind turbines, and high voltage equipment. The Aviation segment provides jet engines and turboprops for commercial airframes, maintenance, component repair, and overhaul services, as well as replacement parts, additive machines and materials, and engineering services. The Healthcare segment provides healthcare technologies in medical imaging, digital solutions, patient monitoring, and diagnostics, drug discovery, biopharmaceutical manufacturing technologies and performance enhancement solutions. The Capital segment leases and finances aircraft, aircraft engines and helicopters, and also provides financial and underwriting solutions. The company was founded by Thomas Alva Edison in 1878 and is headquartered in Boston, MA.

Boston Scientific Corporation Medical Products & Equipment - Marlborough, MA

Boston Scientific Corp. engages in the development, manufacture and marketing of medical devices that are used in interventional medical specialties. It operates through the following segments: Rhythm and Neuro, Cardiovascular and MedSurg. The Rhythm and Neuro segment develops implantable devices that monitor the heart and deliver electricity to treat cardiac abnormalities. The Cardiovascular segment comprises of technologies or diagnosing and treating coronary artery disease and other cardiovascular disorders including structural heart conditions. The MedSurg segment focuses on Endoscopy, which provides devices to diagnose and treat a broad range of gastrointestinal and pulmonary conditions with innovative and invasive technologies. The company was founded by John E. Abele and Pete Michael Nicholas on June 29, 1979 and is headquartered in Marlborough, MA.

Hill-Rom Holdings, Inc. Medical Products & Equipment - Chicago, IL

Hill-Rom is a leading worldwide manufacturer and provider of medical technologies and related services for the health care industry, including patient support systems, safe mobility and handling solutions, non-invasive therapeutic products for a variety of acute and chronic medical conditions, medical equipment rentals, surgical products and information technology solutions. Hill-Rom's comprehensive product and service offerings are used by health care providers across the health care continuum and around the world in hospitals, extended care facilities and home care settings to enhance the safety and quality of patient care.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by iRhythm Technologies, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of iRhythm Technologies, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and iRhythm Technologies, Inc..