Cardio Diagnostics Holdings, Inc.
Cardio Diagnostics (NASDAQ: CDIO) develops AI-driven, epigenetics-based blood tests (Epi+Gen CHD and PrecisionCHD) for coronary heart disease risk assessment and diagnosis, selling to patients via telemedicine, to healthcare providers, to self-insured employers, and through U.S. and Indian distribution partners.
- Company typePublic
- Founded2017
- HeadquartersChicago, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Cardio Diagnostics Holdings, Inc. does
Cardio Diagnostics Holdings, Inc. (NASDAQ: CDIO) is a Chicago-based clinical diagnostics company founded in 2017 that develops AI-driven blood tests for the prevention and early detection of coronary heart disease (CHD). The company sells two prescription-only clinical products—Epi+Gen CHD, a three-year CHD event risk assessment priced at $350, and PrecisionCHD, a CHD diagnostic and management test priced at $850—to patients via a telemedicine partner, to healthcare providers through a dedicated Provider Portal and paper requisitions, and to self-insured employers as a workforce wellness benefit. Two complementary platforms extend the addressable surface: HeartRisk, a HIPAA-compliant population cardiovascular risk intelligence product for employers and benefits consultants, and CardioInnovate360, a biopharma research platform offering biomarker discovery, clinical trial optimization, and companion diagnostic development services to pharmaceutical customers.
The company's core technology is an AI-driven Multi-Omics Engine that integrates epigenetics (DNA methylation biomarkers), genetics (single nucleotide polymorphisms), and proprietary machine-learning models to interpret complex molecular patterns associated with cardiovascular disease. Models were trained on Framingham Heart Study data and validated against independent clinical datasets from Intermountain Health and the University of Iowa Hospitals and Clinics. Epi+Gen CHD evaluates 5 SNPs and 3 methylation biomarkers with reported 77% sensitivity and 74% specificity; PrecisionCHD evaluates 10 SNPs and 6 methylation biomarkers with reported 79% sensitivity and 76% specificity. The platform is protected by seven granted patents plus several pending applications worldwide—including a Japanese patent secured in June 2025—and tests are processed through the company's internal CLIA laboratory, which the company reports has delivered approximately 30% cost reduction.
Cardio Diagnostics generates revenue primarily through per-test clinical sales ($350-$850), with the final CMS gapfill Medicare reimbursement rate of $854 per test effective January 1, 2026 representing a material access milestone. Go-to-market spans direct-to-consumer (telemedicine), provider sales, employer benefits programs (onsite fairs, nearsite clinics), and channel partnerships (Atlas Healthcare Physicians in California; Aimil Ltd. and Dr. Lal PathLabs Limited in India). Capital has been sourced from a $11.2 million Yorkville Advisors facility (March 2023) and approximately $7.7 million in cumulative at-the-market equity proceeds through Craig-Hallum (2025 and post-period). The company went public in October 2022 via a Business Combination with Mana and completed a 1-for-30 reverse stock split on May 12, 2025.
Cardio Diagnostics Holdings, Inc. firmographics
Firmographics- Name
- Cardio Diagnostics Holdings, Inc.
- Legal name
- Cardio Diagnostics, Inc.
- Website
- https://cdio.ai
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Cardio Diagnostics (NASDAQ: CDIO) develops AI-driven, epigenetics-based blood tests (Epi+Gen CHD and PrecisionCHD) for coronary heart disease risk assessment and diagnosis, selling to patients via telemedicine, to healthcare providers, to self-insured employers, and through U.S. and Indian distribution partners.
- Ownership category
- akta.pro rank
Cardio Diagnostics Holdings, Inc. industry classification
Industry- Product category
- Cardiovascular Diagnostics
- NAICS
- Medical Laboratories (621511)
- SIC
- Services-Medical Laboratories (8071), In Vitro & In Vivo Diagnostic Substances (2835)
- akta.pro primary industry
- Prognostic & Risk Stratification Biomarkers (disease progression, recurrence risk) (HLAAAMAF)
- akta.pro secondary industries
- Clinical Biomarker Testing Services (central labs, trial enrollment/monitoring assays) (HLAAAMAC), Molecular & Genetic Testing (PCR/NGS/qPCR) (HLAGADAF), Preventive Cardiology & Lipidology (HLAKABAF)
Keywords
Where Cardio Diagnostics Holdings, Inc. is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cardio Diagnostics Holdings, Inc. business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Others
Revenue model
- Clinical Test Sales: Direct sales of Epi+Gen CHD ($350) and PrecisionCHD ($850) tests to patients, providers, and employers. Tests are prescription-only blood tests available via telemedicine or provider ordering with at-home sample collection kits.
- Medicare Reimbursement: CMS gapfill payment rate of $854 per test effective January 1, 2026, providing Medicare reimbursement for AI-driven cardiovascular tests. This represents a critical step toward expanded access for Medicare beneficiaries.
- At-the-Market Equity Sales: Ongoing at-the-market equity sales under Craig-Hallum agreement yielding $3.9 million in gross proceeds during 2025 and an additional $3.8 million post-period.
- Employer Wellness Programs: Employers implement testing at scale through benefit programs, onsite heart health fairs, and onsite/nearsite clinic partnerships. Custom pricing may be available for employers implementing testing at scale.
- Biopharma Research Services: CardioInnovate360 platform provides biomarker discovery, clinical trial optimization, and custom companion diagnostic development services to pharmaceutical companies for cardiovascular drug development.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Epi+Gen CHD risk assessment test - $350 |
| Unit Pricing | Pay-as-you-go | PrecisionCHD diagnostic test - $850 |
| Unit Pricing | Pay-as-you-go | CMS Medicare reimbursement rate |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
Cardio Diagnostics Holdings, Inc. product offering
Product offeringCore offering
Cardio Diagnostics develops and commercializes clinical blood tests for cardiovascular disease risk assessment and detection using an AI-driven Multi-Omics Engine that combines epigenetics (DNA methylation) and genetics (SNPs). Its core clinical tests are Epi+Gen CHD (three-year CHD event risk) and PrecisionCHD (CHD diagnosis and management). It also offers the HeartRisk population health analytics platform for employers and the CardioInnovate360 research platform for biopharmaceutical clients.
Product overview
Cardio Diagnostics offers an integrated portfolio of clinical diagnostic tests and data intelligence platforms for precision cardiovascular medicine. The core clinical products are Epi+Gen CHD (risk assessment) and PrecisionCHD (disease detection), both blood-based tests combining epigenetics, genetics, and AI. These are complemented by HeartRisk population health platform for employer and healthcare system insights, and CardioInnovate360 for biopharma research. The company pioneered an AI-driven Multi-Omics Engine that analyzes DNA methylation and genetic biomarkers to detect cardiovascular disease earlier than traditional methods.
Differentiator
Problem solved
Functional benefit
Brands
- HeartRisk: Real-time population cardiovascular risk intelligence platform that integrates HIPAA-compliant anonymized clinical, industry, claims, and geographic data for employers and healthcare organizations.
- CardioInnovate360
Products and services
- Epi+Gen CHD
Quantifiable outcome
- 77% sensitivity and 74% specificity for Epi+Gen CHD (2x more sensitive than conventional risk calculators)
- +5 more outcomes
Companies that use Cardio Diagnostics Holdings, Inc.
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
Cardio Diagnostics Holdings, Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature6 records
Cardio Diagnostics Holdings, Inc. partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered flagship, minor and core.
- Atlas Healthcare PhysiciansflagshipIndependent physician association serving managed care populations in Los Angeles and Orange counties will provide coverage for Epi+Gen CHD and PrecisionCHD cardiovascular tests for eligible members with prior authorization beginning May 2026. Expands access to precision cardiovascular medicine across community healthcare networks in California.
- IBN (Investor Brand Network)minorEngagement with IBN for corporate communications strategy assistance to enhance visibility, investor outreach, and overall corporate communications capabilities.
- Dr. Lal PathLabs LimitedflagshipStrategic partnership to launch PrecisionCHD test for detecting and managing coronary heart disease in India. Initial phase integrates into Dr. Lal PathLabs network of 290+ clinical laboratories with commercial rollout expected in 2026. Test uses epigenetics, genetics, and AI to detect both obstructive and non-obstructive CHD at molecular level.
- Aimil Ltd.corePartnership with Aimil Ltd. and Dr. Lal PathLabs to launch PrecisionCHD test in India, marking Cardio Diagnostics' first expansion outside the United States. Leverages established Indian diagnostic infrastructure for market entry.
- Southdale YMCAcorePartnership to provide AI-powered cardiovascular testing and heart health education to Edina, Minnesota community. Offers YMCA members access to Epi+Gen CHD and PrecisionCHD tests at discounted prices, with educational event on January 26 and Heart Health Fair on February 25, 2026. Serves approximately 14,000 individuals across Edina, Richfield, Bloomington, and South Minneapolis. Second YMCA partnership nationally.
- YMCA of East TennesseecoreInaugural YMCA partnership providing heart health education and advanced testing to East Tennessee community members starting November 2025. Program promotes cardiovascular wellness through education, early detection tests, and community events.
- 15 New Provider OrganizationscorePartnership with 15 new provider organizations across the United States to expand provider network and promote AI-driven blood tests for cardiovascular disease prevention and management.
- AGEPHA PharmaminorAgreement to advance precision assessment and management of inflammation associated with coronary heart disease. Collaboration focused on combining Cardio Diagnostics' molecular testing with AGEPHA's pharmaceutical expertise.
Scale indicators12 records
Recent moves9 records
Expansion highlights6 records
Cardio Diagnostics Holdings, Inc. competitors and assessment
Company assessmentBroad incumbents
- Cleveland HeartLab (Quest Diagnostics): Quest Diagnostics acquired Cleveland HeartLab to enter the cardiovascular biomarker testing market. It is a direct comparitor in blood-based cardiovascular diagnostics, though it operates as part of a much larger reference laboratory business with broader menu offerings.
- Cleerly Health: Cleerly applies AI to coronary CT angiography imaging for cardiovascular disease detection. While modality-different (imaging vs blood-based biomarkers), Cleerly targets the same clinical use case of earlier, more accurate CHD detection and competes for the same provider budgets.
- Exact Sciences: Exact Sciences is a leading molecular diagnostics company with Cologuard for colorectal cancer screening and expanding into other disease areas. It serves as a comparable public-market peer for a multi-omics, blood-based molecular diagnostic business at scale.
- Guardant Health: Guardant Health is a leading liquid biopsy and molecular diagnostics company. While primarily oncology-focused, it represents a comparable public-market peer for blood-based molecular diagnostics with AI integration.
- Veracyte: Veracyte is a genomic diagnostics company focused on urology, pulmonology, and breast cancer. It is a comparable commercial-stage molecular diagnostics platform with similar go-to-market into physician practices and payer reimbursement dynamics.
- Natera: Natera operates a cell-free DNA and molecular diagnostics platform with focus on oncology, women's health, and organ health. Comparable as a public-market molecular diagnostics peer with multi-product platform and CLIA lab operations.
- NeoGenomics: NeoGenomics is a leading oncology-focused clinical laboratory and molecular diagnostics company. While primarily oncology, it is a comparable public peer in the specialty molecular diagnostics space with similar payor reimbursement dynamics and CLIA lab infrastructure.
Direct peers
- CardioDx: CardioDx developed the Corus CAD blood-based gene expression test for obstructive coronary artery disease, the closest historical direct peer to Cardio Diagnostics' PrecisionCHD. Both target non-invasive, blood-based molecular diagnostics for CHD assessment.
Emerging players
- Anumana: Anumana applies AI to ECG signals for early detection of cardiovascular conditions such as cardiac amyloidosis and pulmonary hypertension. It is a comparable AI-driven cardiovascular diagnostics company, though ECG-based rather than blood-based.
- SomaLogic: SomaLogic operates a proteomics biomarker discovery platform used in clinical research and drug development, with growing focus on cardiovascular and metabolic disease applications. Both companies leverage novel biomarker modalities with AI for clinical insights.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Cardio Diagnostics Holdings, Inc. social profiles
Digital presenceCardio Diagnostics Holdings, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cardio Diagnostics Holdings, Inc. leadership team
Management profileNumber of profiles
Profiles6 records
Cardio Diagnostics Holdings, Inc. funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cardio Diagnostics Holdings, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cardio Diagnostics Holdings, Inc.
What does Cardio Diagnostics Holdings, Inc. do?
Cardio Diagnostics develops and commercializes clinical blood tests for cardiovascular disease risk assessment and detection using an AI-driven Multi-Omics Engine that combines epigenetics (DNA methylation) and genetics (SNPs). Its core clinical tests are Epi+Gen CHD (three-year CHD event risk) and PrecisionCHD (CHD diagnosis and management). It also offers the HeartRisk population health analytics platform for employers and the CardioInnovate360 research platform for biopharmaceutical clients.
Is Cardio Diagnostics Holdings, Inc. a public or private company?
Cardio Diagnostics Holdings, Inc. is a public company. It is classified as public and is currently operating.
When was Cardio Diagnostics Holdings, Inc. founded?
Cardio Diagnostics Holdings, Inc. was founded in 2017. It employs 11 to 50 people.
Where is Cardio Diagnostics Holdings, Inc. based?
Cardio Diagnostics Holdings, Inc. is headquartered in Chicago, United States, in the North America region.
How does Cardio Diagnostics Holdings, Inc. make money?
Five revenue lines are on record. Clinical Test Sales are the primary driver. The others are medicare Reimbursement, at-the-Market Equity Sales, employer Wellness Programs and biopharma Research Services.
Who are Cardio Diagnostics Holdings, Inc.'s main competitors?
Broad incumbents on record are Cleveland HeartLab (Quest Diagnostics), Cleerly Health, Exact Sciences, Guardant Health, Veracyte, Natera and NeoGenomics. CardioDx is listed as a direct peer. Emerging players are Anumana and SomaLogic.
Does Cardio Diagnostics Holdings, Inc. have an API?
No public API is recorded for Cardio Diagnostics Holdings, Inc..
What industry is Cardio Diagnostics Holdings, Inc. in?
Cardio Diagnostics Holdings, Inc.'s product category is Cardiovascular Diagnostics. Its primary akta.pro industry code is HLAAAMAF, Prognostic & Risk Stratification Biomarkers (disease progression, recurrence risk), with a secondary code of HLAAAMAC, Clinical Biomarker Testing Services (central labs, trial enrollment/monitoring assays). Its NAICS code is 621511 and its SIC code is 8071.