Korion Health
Building an electronic stethoscope to empower patients to conduct heart and lung screenings at home.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $100k | Support Program | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Korion Health, a health technology company, was co-founded by University of Pittsburgh student Anna Li and University of Maryland alum Akshaya Anand. The venture gained significant recognition after winning the prestigious $1 million Hult Prize in 2024, a global competition for student-led social enterprises.
The company is developing a home health monitoring kit designed to make diagnostic tools more accessible and affordable, particularly for underserved communities. The core of their product is a USB-powered stethoscope that connects to an application with a guided user interface. This allows patients to conduct cardiopulmonary examinations from the comfort of their homes, recording their heart and lung sounds.
Korion Health's platform utilizes longitudinal analytics and machine learning for diagnostics, empowering patients to better understand and manage their health. The business model is centered on providing these at-home screening tools to increase accessibility to healthcare, moving crucial medical examinations out of the clinical setting and into the patient's hands.
Keywords: home health monitoring, cardiopulmonary screening, electronic stethoscope, telemedicine, medical diagnostics, health technology, patient monitoring, digital health, remote diagnostics, healthcare accessibility