Medical, Inc. of Santa Clara, CA today announces it has been awarded
First Runner-up in the Silicon Valley Open Doors Technology Investment
Pitch Competition. The company reviewed the impact of how its innovative
new ECG-enabled intelligent stethoscope, HD Steth™, is saving lives
through HD Medical’s Screening as a Service (SaaS) business model.
“We awarded HD Medical SVOD19’s First Runner-up Award from 26 start-up
finalists selected from more than 1000 applications,” said Anna
Dvornikova, Managing Partner of TEC Ventures, the founder of SVOD. “Some
of the best Silicon Valley investors judged companies during the 2-day
conference. To win this award, HD Medical demonstrated truly disruptive
ideas and impact, perfect product-market fit, a passionate team and the
utmost readiness to raise funds,” continues Dvornikova.
HD Medical’s Social Impact
“HD Medical addresses both UN Sustainable Development Goals and UNICEF
Custodian Indicators with a mass screening program in India where we are
training 50 healthcare workers on HD Steth to screen over 500,000
children during 2019,” said Arvind Thiagarajan, Founder and CEO of HD
Medical. “This is the largest initiative of its kind by threefold. Over
the next 5 years, we will train over 3,000 healthcare workers who will
screen 50 million underserved children worldwide,” adds Thiagarajan.
HD Steth™ Leveraging AI to Accelerate Risk Assessment
HD Steth delivers high-fidelity audio quality plus real-time
visualization of heart sounds and ECG waveforms on a mobile device. In
addition, HD Steth leverages AI-driven murmur detection with clinically
proven accuracy of 90% sensitivity and 99% specificity. HD Steth can
accurately and quickly identify congenital heart disease (CHD) at
point-of-care accelerating risk assessment for the underserved.
Silicon Valley Open Doors is an international startup investment
conference focused on Impact Through High-Tech Entrepreneurship; early
startup founders from all over the world meet successful founders,
famous Silicon Valley investors, and industry legends, who are shaping
our lives today and influencing our future.
In SVOD’s 15-year history, every 3rd participating startup has been
funded and about $850M has been raised to date from funds such as Draper
Associates, Founders Fund, Salesforce, Yuri Milner, Y Combinator, etc.
For more information, visit www.svod.org.
About HD Medical, Inc.
HD Medical, Inc. is a Silicon Valley-based innovator of digital health
solutions for AI-enabled detection and management of cardiovascular
disease (CVD). The company delivers its intelligent cardiac care
solutions and products globally to medical professionals, hospitals and
medical institutions as well as veterinarians through channel partners.
For more information please visit www.hdmedicalgroup.com.
Note to editors: HD Steth is a trademark of HD Medical, Inc. All
other company, organization, product or alliance names herein remain the
property of their respective owners.