What Cortrium does

Cortrium is a Copenhagen-based medtech company that provides an integrated long-term ECG monitoring solution for cardiologists, cardiology nurses, general practitioners, and cardiac clinics. Founded in 2014 by cardiologist Erik S. Poulsen, the company sells a three-part stack: the C3w cable-free, waterproof (IP67) 3-channel ECG monitor (36g, up to 14 days battery life), the cloud-based Cortrium Apex software for patient setup, data upload, and report ordering, and verified ECG analysis reports delivered within two business days (with an optional Fast Track). Its AI-supported arrhythmia detection algorithms surface events such as atrial fibrillation, AV-block, pauses, and tachycardia, which are then confirmed by an in-house Quality Control team of cardiologists, cardiac nurses, and cardiac technicians before report delivery.

The company's regulatory posture is anchored by CE 0123, ISO 13485:2016, and MDR (Regulation EU 2017/745) Article 97 certification from TÜV SÜD, allowing commercialization across the EU plus Australia via distributor. Cortrium monetizes primarily through recurring revenue: healthcare professionals order ECG reports on a per-study basis with add-on modules (HRV analysis, AV-block grading, Fast Track) on top of upfront C3w hardware purchases. It sells through a hybrid direct/distributor model with named regional sales leads in Germany, Austria, France, the UK, the Nordics, and Finland, supported by distributors including Nords Medical (Sweden), Express Diagnostics (UK), and Life Systems Medical (Australia). The company claims 500,000+ reports delivered, 8M+ hours of ECG analyzed, and 2,300+ healthcare professionals across 20+ countries. A 2023 strategic partnership with Cardisio extends the portfolio into AI-powered cardisiography for myocardial infarction risk screening, positioning Cortrium across the prevention-to-diagnosis continuum in outpatient cardiology.

Name

Cortrium

Legal name

Cortrium ApS

Website

https://cortrium.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Cortrium is a Copenhagen-based medtech company that sells a cable-free 3-channel ECG monitor (C3w), cloud-based Apex software, and AI-assisted, human-verified long-term ECG reports to cardiologists, GPs, and cardiac clinics in 20+ countries.

Ownership category

akta.pro rank

Product category

Cardiac Monitoring Devices

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)

akta.pro primary industry

Cardiac Monitoring (ECG/Holter/Event/Patch, Loop Recorders) (HLAHACAB)

Keywords

• Long-term ECG monitoring
• Wearable cardiac devices
• Holter monitoring systems
• Arrhythmia detection software
• Cardiac diagnostics platform

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. C3w Hardware Sales: Sale of C3w ECG monitors to healthcare professionals and clinics. Monitors are reusable and rechargeable. 2-year warranty included, with optional 3-year technical service thereafter.
2. ECG Report Subscriptions / Orders: Healthcare professionals order verified ECG reports after uploading patient data from the C3w monitor. Reports include arrhythmia detection verified by cardiology specialists. Delivery within 2 working days (standard) or Fast Track option available. Add-on features (HRV, AV-block assessment) come at additional cost.
3. Cortrium Apex Software: Cloud-based Apex software for patient setup, data management, and integration with report ordering. Provided as part of the overall ECG solution to support healthcare professionals.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels4 records

Core offering

Cortrium provides an end-to-end long-term ECG monitoring solution for healthcare professionals. The offering combines a proprietary cable-free, waterproof C3w three-channel ECG monitor, the cloud-based Cortrium Apex software for patient setup and report ordering, and AI-supported verified ECG reports confirmed by in-house cardiology specialists and delivered within two business days.

Product overview

Cortrium offers a complete end-to-end ECG solution consisting of three integrated components: the C3w hardware monitor (a cable-free, waterproof three-channel Holter device for up to 14-day continuous ECG recording), the Cortrium Apex cloud-based desktop software (for patient setup, device control, data upload, and report ordering), and verified ECG reports (with AI-assisted arrhythmia detection verified by in-house cardiology specialists and delivered within 2 business days). Add-on features include Heart Rate Variability (HRV) analysis, AV-block assessment and grading, and Fast Track expedited delivery. Through a partnership with Cardisio, Cortrium also extends its portfolio to include Cardisiography — a non-invasive AI-powered 3D vector ECG screening for heart disease risk assessment. The solution is designed to support healthcare professionals in diagnosing arrhythmias and heart conditions across more than 20 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• C3w Monitor A cable-free, waterproof (IP67) three-channel Holter ECG monitor designed for long-term recording up to 14 days on a single charge. Weighing 36 grams (85 x 80 x 15 mm), it uses standard electrodes, is reusable after data upload, features 256 Hz sampling rate with 24-bit resolution, and is compliant with IEC 60601-1 and IEC 60601-2-47 safety standards. Sold to healthcare professionals and cardiac clinics.
• Cortrium Apex Software

Quantifiable outcome

• Reports delivered within 2 working days (standard) or faster with Fast Track option
• +7 more outcomes

Named customers5 records

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• CardisiocoreStrategic or Co-development Partner · 19 December 2023Cortrium and Cardisio formed a strategic partnership to provide comprehensive cardiac care solutions. Cardisio offers non-invasive AI-powered cardisiography screening for heart disease risk, while Cortrium provides precise long-term ECG arrhythmia detection. The partnership enables healthcare professionals to use both tools for prevention and diagnosis, from initial screening through detailed arrhythmia monitoring. Both companies share the vision of making preventive cardiac care accessible to all. The partnership was announced at the ESC Congress in Amsterdam.
• Nords MedicalcoreChannel Partner/ Reseller/ DistributorNords Medical is Cortrium's distribution partner in Sweden. They offer medical technology products to the entire Nordic region and their portfolio includes equipment for neuro monitoring and other medical technology.
• Express Diagnostics (UK)minorChannel Partner/ Reseller/ DistributorExpress Diagnostics is listed as a UK contact for Cortrium Customer Care, providing support and service to UK customers at phone number +44 (0)1752 783508.
• Life Systems Medical (Australia)minorChannel Partner/ Reseller/ DistributorLife Systems Medical is listed as an Australian contact for Cortrium Customer Care, providing support and service to Australian customers at phone number +61 3 9525 5888.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• iRhythm Technologies: iRhythm's Zio long-term patch monitor is the closest direct competitor to Cortrium's C3w Holter. Both target ambulatory arrhythmia detection, combine a wearable device with a cloud-based AI reporting service, and rely on certified cardiology interpretation, making them the most analogous business models in the space.

Broad incumbents

• Philips (BioTelemetry / CardioMD): Philips, through BioTelemetry, is a leading provider of ambulatory cardiac monitoring (Holter, MCT, event monitors) and AI-driven ECG analysis. It competes head-to-head with Cortrium in long-term ECG monitoring but as part of a much larger hospital diagnostics portfolio.
• Boston Scientific (Preventice Solutions / BodyGuardian): Boston Scientific's Preventice BodyGuardian portfolio offers wearable cardiac monitors with remote monitoring services, directly overlapping with Cortrium's long-term ECG and arrhythmia detection use case across cardiology and ambulatory settings.
• Hillrom / Baxter (Lifevest, ZOLL Cardiac Management): Baxter/Hillrom's ZOLL cardiac division provides mobile cardiac outpatient telemetry, Holter, and event monitoring — overlapping with Cortrium's clinical value proposition of continuous ambulatory ECG and arrhythmia detection for healthcare professionals.

Emerging players

• AliveCor: AliveCor offers AI-powered portable ECG hardware (KardiaMobile) and cloud-based arrhythmia detection services. Although primarily consumer/short-term focused, it competes in the AI-ECG analytics space where Cortrium's arrhythmia algorithms and report subscriptions also operate.
• Biotricity: Biotricity develops wearable cardiac monitoring devices (Bioflux) with cloud-based remote monitoring and AI-supported ECG analysis. It targets similar cardiology and ambulatory use cases as Cortrium, including long-term Holter-style monitoring for arrhythmia detection.
• CardioSecur (Personal MedSystems): CardioSecur offers a portable ECG system for personal and clinical use with cloud-based analysis. While more focused on short 22-lead recordings, it competes in the European ambulatory cardiology market alongside Cortrium's Holter solution.
• SmartCardia: SmartCardia develops a multi-parameter wearable patch that combines ECG, heart rate, and other biosignals with cloud-based AI analytics. It is comparable to Cortrium as a newer entrant offering cable-free ambulatory cardiac monitoring with remote reporting.

Regional players

• Compumedics: Compumedics is an Australia-based developer of diagnostic ECG and Holter products with cloud-based analysis software. It overlaps with Cortrium's C3w + Apex offering and shares geographic reach into Australia via similar distributor-led channels.

Others

• Cardisio: Cardisio is Cortrium's strategic partner and provides AI-based 3D vector ECG screening for myocardial infarction risk. As a complementary technology in the cardiac diagnostic workflow, it functions as an ecosystem partner rather than direct competitor but is highly relevant for understanding Cortrium's go-to-market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cortrium
• Facebookfacebook.com/changinghealthcare

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cortrium