What Cloud DX does

Cloud DX, operating as Cloud Diagnostics Canada ULC, is a Canadian digital health company founded in 2014 that develops and sells the Connected Health™ remote patient monitoring (RPM) platform. The company is headquartered in Kitchener, Ontario, with a US presence in Brooklyn, and trades on the TSXV under ticker CDX. Cloud DX is an FDA-registered and Health Canada-licensed medical device manufacturer, producing an integrated hardware-plus-software system comprising pre-paired wireless vital sign devices (blood pressure monitor, body-weight scale, oximeter) paired to an Android Health Tablet, iOS and Android mobile applications, and a clinician dashboard portal with EMR integration. The platform enables near real-time vital sign monitoring, two-way patient communication via surveys and text messaging, and telemedicine consultations through Zoom or Teladoc Solo™ integrations.

The platform is deployed across 12 clinical use cases spanning complex chronic care (COPD, CHF, hypertension, Type 2 diabetes), post-surgical monitoring, palliative care, pulmonary and cardiac rehabilitation, neurological disorders, mental health support, and pediatric home monitoring. Cloud DX is the exclusive RPM provider to the 3rd largest healthcare system in North America and maintains strategic distribution partnerships with Medtronic and Teladoc Health for complex and acute care use cases. Clinical efficacy is supported by peer-reviewed publications in BMJ (2021, 905-patient PVC-RAM-1 RCT) and JMIR, and the company has received 17 national and international innovation awards.

Cloud DX generates revenue through enterprise subscription contracts with healthcare systems, hospitals, and clinics on a multi-year, quote-based pricing model. The go-to-market is direct enterprise field sales supported by a "Book a Demo" funnel and a deployment success program. Reimbursements are aligned to US RPM billing codes at each care transition (hospital to community to home), indicating a value-based billing structure. The company has raised approximately $32M+ in cumulative funding across multiple equity rounds since inception, with most recent activity being a 2024 non-brokered private placement of up to $2.8 million CAD for working capital purposes.

Name

Cloud DX

Legal name

Cloud Diagnostics Canada ULC

Website

https://clouddx.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Cloud DX develops and sells the Connected Health™ remote patient monitoring platform, an FDA-registered, Health Canada-licensed medical device system for healthcare providers managing chronic care, post-surgical, and transitional care patients across North America.

Ownership category

akta.pro rank

Product category

Remote Patient Monitoring

NAICS

Home Health Care Services (62161), Home Health Care Services (621610), Computer Systems Design and Related Services (54151)

SIC

Services-Home Health Care Services (8082), Surgical & Medical Instruments & Apparatus (3841), Services-Prepackaged Software (7372)

akta.pro primary industry

Multi-Condition RPM Platforms & Care Orchestration (device-agnostic, population management) (HLALAFAL)

akta.pro secondary industries

Chronic Care & Remote Patient Monitoring (RPM) Platforms (HLALABAF), AI/Analytics for RPM (Risk Stratification, Alerts, Predictive) (HLACAFAM), Cardiometabolic RPM & Chronic Disease Management (diabetes, hypertension, CHF, obesity) (HLALAFAA), RPM Reimbursement, Billing & Program Operations Platforms (HLACAFAN)

Keywords

• Remote patient monitoring
• Connected health platform
• Telemedicine solutions
• Chronic care management
• Vital sign monitoring

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Remote Patient Monitoring (RPM) Platform Subscription: Cloud DX generates revenue through subscription-based access to its Connected Health platform, which includes the hardware kit, software platform, clinician dashboard, and support services. The platform is deployed across healthcare systems, hospitals, and clinics on a per-deployment or per-use-case basis. Reimbursements are available at each care step (hospital to community care to home or long-term care), indicating a value-based billing structure with healthcare providers.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Cloud DX designs, manufactures, and sells a Connected Health remote patient monitoring (RPM) platform that combines FDA-registered patient-side hardware (wireless blood pressure monitor, body-weight scale, oximeter, and Android Health Tablet) with cloud-based software, a clinician dashboard portal, and iOS/Android mobile apps. The platform delivers near real-time vital sign monitoring, 2-way patient feedback via surveys and text messaging, EMR integration, and optional integrated telemedicine video consultations (via Zoom or Teladoc Solo) for healthcare providers managing complex chronic care, post-surgical, palliative, and other use cases.

Product overview

Cloud DX offers Connected Health™ as a unified platform-plus-components architecture for remote patient monitoring. The core offering consists of the Connected Health™ Platform (cloud-based software), the Connected Health™ Kit (hardware with blood pressure monitor, scale, and oximeter paired to a tablet), the Connected Health™ Mobile App (iOS/Android patient interface), and the Connected Health™ Clinician Portal (clinical dashboard). Telemedicine functionality is delivered through an integrated video conferencing option (Zoom or Teladoc Solo™) within the platform. The company also mentions Vitaliti™ as a research-use-only vital sign monitoring device. The platform is deployed across 12 clinical use cases including chronic disease management (COPD, heart failure, hypertension, diabetes), post-surgical monitoring, palliative care, and pediatric home monitoring.

Differentiator

Problem solved

Functional benefit

Brands

• Connected Health™: Award-winning remote patient monitoring platform providing virtual care infrastructure from patient to clinician to EMR, deployed for 12 use cases including chronic care, post-surgical management, and palliative care.
• Pulsewave DX

Products and services

• Connected Health™ Platform Award-winning cloud-based remote patient monitoring platform providing virtual care infrastructure from patient to clinician to EMR, deployed for 12 clinical use cases including complex chronic care, post-surgical management, palliative care, pulmonary and cardiac rehabilitation, neurological disorders, mental health support, and pediatric home monitoring. Fully integrated with EMR systems and optimized for Chronic Care Management workflows. Sold to healthcare enterprises, hospitals, and clinics on a subscription basis.
• Connected Health™ Kit All-in-one patient monitoring hardware kit including a pre-paired wireless blood pressure monitor, wireless body-weight scale, wireless oximeter, and Android Health Tablet with batteries included. Designed for out-of-the-box deployment in patient homes for vital sign monitoring as part of an RPM program. Sold to healthcare providers deploying remote monitoring to patients.
• Connected Health™ Kit with Telemedicine Connected Health Kit combined with integrated telemedicine video conferencing powered by Zoom or Teladoc Solo, enabling privacy-compliant video consultations directly from the Cloud DX app to the Clinician's Portal. For healthcare providers offering virtual care visits alongside remote monitoring. Video consultation services are billed separately.
• Connected Health™ Mobile App Mobile application available for Android and iOS devices providing patient-facing features including vital sign tracking, telemedicine video consultations via Zoom or Teladoc Solo, surveys, and text messaging with the care team. Distributed to patients as part of the Connected Health RPM deployment.
• Connected Health™ Clinician Portal Comprehensive clinician dashboard that streamlines RPM and telemedicine workflows, optimized for Chronic Care Management. Provides 24/7 access to patient vital sign data with smartphone notification capabilities for relevant changes to vital signs. Used by clinicians and care teams managing remote patient populations.

Quantifiable outcome

• 14% reduction in severe pain at 7 days post-op for Connected Health patients in 905-patient RCT (BMJ 2021)
• +4 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability3 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• MedtroniccoreStrategic or Co-development PartnerCloud DX is the RPM partner for complex and acute use cases with Medtronic, one of the largest medical device companies globally. This partnership enables Cloud DX to reach Medtronic's extensive network of healthcare providers and integrate with Medtronic's care management ecosystem for complex and acute patient monitoring.
• Teladoc HealthcoreStrategic or Co-development PartnerCloud DX is the RPM partner for complex and acute use cases with Teladoc Health, the global leader in virtual care. This partnership integrates Cloud DX's Connected Health RPM platform with Teladoc Health's telemedicine infrastructure, enabling comprehensive virtual care delivery combining remote monitoring with virtual physician consultations.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• CareSimple: RPM platform offering 4G cellular-enabled devices (BP, weight, glucometer, oximeter) and a clinician portal to home health agencies and hospitals. Closely matches Cloud DX's plug-and-play kit-plus-platform model targeting chronic care and post-acute use cases.
• Vivify Health (Optum): A leading RPM platform now part of UnitedHealth Group's Optum, offering a kit-and-platform RPM solution with EMR integration to healthcare systems. Directly comparable to Cloud DX in target customer (large health systems), bundled hardware-plus-software model, and chronic-care use cases.
• Rimidi: Chronic disease management platform combining RPM with EHR-integrated clinical decision support for diabetes, heart failure, and COPD. Comparable to Cloud DX in chronic-condition use cases, EHR integration emphasis, and outcomes-based value proposition.
• Preventice Solutions (Boston Scientific): RPM and remote cardiac monitoring platform acquired by Boston Scientific, providing wearable biosensors and a clinician portal. Comparable to Cloud DX in vital sign monitoring, enterprise health system sales, and FDA-cleared medical device manufacturing.
• Biofourmis: AI-driven RPM and virtual care platform focused on chronic condition management (heart failure, COPD, oncology) and post-acute care. Comparable to Cloud DX in multi-condition RPM use cases, payer/health system customer base, and emphasis on AI-driven alerts and predictive analytics.
• Health Recovery Solutions (HRS): RPM platform providing tablets with integrated vital sign peripherals, clinician dashboards, and condition-specific care pathways to hospitals and health systems. Closely comparable to Cloud DX in bundled device-plus-software architecture, chronic disease focus, and enterprise health system GTM.

Emerging players

• Validic: Digital health data platform connecting RPM devices and consumer wearables into EHRs and analytics workflows. Comparable to Cloud DX as a digital health infrastructure layer enabling remote monitoring data integration, though Validic is more data-platform and less device-centric.
• 100Plus (Connective Health): AI-enabled RPM platform with cellular-enabled devices and predictive analytics targeting primary care physicians and Medicare patients. Comparable to Cloud DX in consumer-grade hardware plus AI-driven alerts and primary-care provider focus.

Broad incumbents

• Teladoc Health: Global leader in virtual care (telemedicine + chronic condition management) and Cloud DX's named strategic partner, offering end-to-end virtual care suites. Comparable as both a partner and an incumbent expanding into integrated RPM capabilities that compete with Cloud DX's chronic care offerings.
• Medtronic: Global medical device leader and Cloud DX's named strategic partner, which also offers its own Care Management Services and remote monitoring solutions across cardiac and chronic conditions. Relevant as both a partner and a broader competitor in connected care.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/clouddx
• YouTubeyoutube.com/channel/UCWkeuSebLuSs-IPByyr3pgw/videos
• Facebookfacebook.com/clouddxinc
• LinkedInlinkedin.com/company/cloud-dx
• Instagraminstagram.com/clouddx_inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds12 records

Investors1 record

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 Cloud DX