When was PaceMate founded?

PaceMate was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Where is PaceMate located?

PaceMate is headquartered in Hilton Head Island, United States.

How many employees does PaceMate have?

As of Aug 31, 2026, the latest employee count at PaceMate is 223.

Is PaceMate a funded company?

PaceMate is a funded company, having raised a total of $8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 18, 2019.

When was the latest funding round of PaceMate?

PaceMate's latest funding was a $***** Series B round on Jul 25, 2023, with participation from 1 investor.

Where does PaceMate rank among its competitors?

PaceMate ranks 34th amongst 1196 active competitors, of which 252 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Ultrahuman, which secured $48M in Mar, 2026.

Who are the top competitors of PaceMate?

PaceMate's top competitors include Ultrahuman, Oura and Masimo. Among them, Ultrahuman secured the most recent funding round in March, 2026.

PaceMate - 2026 Company Profile, Funding & Competitors

PaceMate is a series B company based in Hilton Head Island (United States), founded in 2015. It operates as a Provider of cloud-based cardiac health remote monitoring platform. PaceMate has raised $8M in funding from investors like Ballast Point Ventures, Lead Edge Capital and Dreamit. The company has 1196 active competitors, including 252 funded and 65 that have exited. Its top competitors include companies like Ultrahuman, Oura and Masimo.

Company Details

PaceMate provides a cloud-based cardiac health remote monitoring platform. The platform provides digital tools with a live EHR integrated platform for remote monitoring of heart health and patient care. On-demand teleconsultations are provided for patients with integrated data management across the cardiology departments.

Website: pacemate.com
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Key Metrics

Founded Year

2015

Location

Hilton Head Island, United States

Stage

Series B

Total Funding

$8M in 3 rounds

Latest Funding Round

Series B, Jul 25, 2023, $*****

Investors

Ballast Point Ventures & 2 more

Ranked

34^th among 1196 active competitors

Employee Count

223 as on Aug 31, 2026

Similar Companies

Ultrahuman & 1325 more

View PaceMate's full profile

PaceMate has raised a total funding of $8M over 3 rounds. Its first funding round was on Sep 18, 2019. Its latest funding round was a Series B round on Jul 25, 2023 for $*****. 1 investor participated in its latest round. PaceMate has 3 institutional investors.

Here is the list of recent funding rounds of PaceMate:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 25, 2023	1695229	Series B	9310497	9189614	8300506	4422793
Mar 29, 2021	9192229	Series A	2864854	4699271	7166331	2136671
Sep 18, 2019	1759441	Seed	4551467	7876579	Dreamit	4447177

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View details of PaceMate's funding rounds and investors

PaceMate's employee count trend

PaceMate has 223 employees as of Aug 26. Here is PaceMate's employee count trend over the years:

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Top competitors of PaceMate include Ultrahuman, Oura and Masimo. Here is the list of Top 10 competitors of PaceMate, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ultrahuman 2019, Bengaluru (India), Series C	Manufacturer of wearable health trackers and metabolic monitoring medical devices	$103M	Steadview, Nexus Venture Partners & 44 others	81/100
2nd	Oura 2013, Oulu (Finland), Series E	Developer of a smart ring for sleep, fitness, stress, and health	$1.32B	Fidelity Investments, Temasek & 70 others	79/100
3rd	Masimo 1989, Irvine (United States), Acquired	Provider of wide range of devices to monitor health parameters	-	Bank of the West, Tekla Capital Management ... & 8 others	68/100
4th	Endotronix 2007, East Peoria (United States), Acquired	Provider of device for Measurement of Hemodynamic parameters for heart failure maangement	$155M	Life Sciences Partners, Seroba Life Sciences ... & 14 others	65/100
5th	Sibel Health 2018, Niles (United States), Series C	Developer of wireless medical monitoring devices for clinical and remote use	$71M	Steele Foundation for Hope, Gates & 5 others	63/100
6th	HBOX 2020, Boston (United States), Seed	Provider of a SaaS-based remote patient monitoring platform and devices for healthcare professionals	$1.7M	Arali Ventures, Eterna Growth Partners & 2 others	62/100
7th	Element Science 2013, San Francisco (United States), Series C	Wearable therapeutic device for treating sudden cardiac arrest	$193M	Deerfield, Qiming & 4 others	61/100
8th	Biobeat 2014, Petah Tikva (Israel), Series B	Body vitals monitoring solution	$51M	Orbimed, Ally Bridge Group & 5 others	61/100
9th	Somatix 2015, New York City (United States), Acquired	Provider of an AI-based remote health monitoring tool	$21.2M	Digitalis Ventures, New York Digital Health ... & 5 others	61/100
10th	Openwater 2016, San Francisco (United States), Series C	Provider of imaging technologies for medical diagnosis and treatments	$100M	Khosla Ventures, Bold Capital Partners & 10 others	60/100
34th	PaceMate 2015, Hilton Head Island (United States), Series B	Provider of cloud-based cardiac health remote monitoring platform	$8M	Lead Edge Capital, Ballast Point Ventures ... & 1 others	53/100