Livewell

What Livewell does

Livewell is a Turkish wearable health technology company founded in 2017 at Teknopark Istanbul as a subsidiary of Türkiye İş Bankası, with a 14-person in-house team of biomedical, hardware, software, and AI engineers. The company designs and manufactures three core ECG monitoring products: Cardiom, an 8-channel/24-bit/250Hz CE-certified mobile ECG device with GSM and Bluetooth connectivity and up to 21 days of continuous recording; ECG Patch (MiniPatch), a single-channel patch with 72-hour battery life designed for 24/7 rhythm monitoring; and Smart ECG T-Shirt, a textile-integrated 2-channel wearable developed with Sanko for daily continuous monitoring. All three devices feed into the cloud-based Livewell Smart Health Platform, which uses proprietary deep learning algorithms to classify arrhythmias (atrial fibrillation, tachycardia, bradycardia) and deliver patient reports and remote monitoring capabilities to clinicians via a dedicated healthcare professional portal, with EDF export for EHR integration.

The commercial model combines direct enterprise sales to hospitals, clinics, and cardiologists through inquiry-based B2B engagement with a quote-based pricing model and consumer self-serve distribution through the LiveWell Health mobile app on App Store and Google Play. Revenue is generated through hardware sales (devices) plus subscription/recurring services on the Smart Health Platform. The company holds CE, ISO 13485, and 93/42/EEC compliance for the Cardiom device, along with Turkish Patent 2015/05826, and is expanding its AI scope via TÜBİTAK-funded projects into respiratory sound classification and non-communicable disease self-management recommendations. Geographic footprint is concentrated in Istanbul/Turkey, with no disclosed enterprise customer logos or revenue figures.

Name

Livewell

Legal name

Livewell

Website

https://livewell.com.tr

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Livewell is a Turkish wearable health technology company, subsidiary of Türkiye İş Bankası, that develops CE-certified ECG monitoring devices (Cardiom, MiniPatch, Smart ECG T-Shirt) and an AI-powered cloud platform for arrhythmia detection, serving healthcare providers and individual consumers.

Ownership category

akta.pro rank

Product category

Wearable Cardiac Monitoring Devices

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)

SIC

Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro primary industry

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

akta.pro secondary industries

Clinical-Grade Vital Signs Monitoring (ECG, SpO2, BP, Temp, Respiration) (HLACAPAI), Health Monitoring Wearables (ECG, BP, SpO2, CGM-compatible) (CRACAIAF)

Keywords

• Wearable ECG monitors
• Cardiac diagnostic devices
• AI arrhythmia detection
• Remote patient monitoring
• Connected medical wearables

Headquarters

HQ city

Pendik

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Wearable Health Device Sales: Sale of proprietary wearable ECG monitoring devices including Cardiom (mobile ECG device), Smart ECG T-Shirt, and ECG Patch (MiniPatch). Hardware products generate revenue through direct sales and medical device distribution channels.
2. Smart Health Platform Services: Cloud-based AI-powered Smart Health Platform providing healthcare professionals with patient health reports and remote monitoring capabilities. Platform subscription services for data analysis and health monitoring.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Livewell designs, develops, and manufactures CE-certified wearable ECG monitoring hardware—Cardiom (mobile ECG device), ECG Patch/MiniPatch, and Smart ECG T-Shirt—that records cardiac electrical signals and transfers them to the cloud-based Livewell Smart Health Platform, where proprietary deep-learning algorithms classify arrhythmias and generate clinical reports for healthcare professionals. The company sells both the hardware devices and access to the AI-powered platform to healthcare providers and individual consumers.

Product overview

Livewell is a wearable health technology company with 12+ years of experience, founded in 2017 at Teknopark Istanbul with 100% Turkish capital, operating under Türkiye İş Bankası. The company develops a portfolio of three core wearable ECG monitoring products: Cardiom (mobile ECG device with GSM and Bluetooth connectivity for long-term rhythm tracking), ECG Patch/MiniPatch (single-channel compact wearable for continuous 24/7 monitoring), and Smart ECG T-Shirt (textile-integrated 2-channel garment for comfortable daily wear). These products connect to the cloud-based Livewell Smart Health Platform, which uses AI-powered applications to transform collected physiological data into medical-grade insights and reports for healthcare professionals, enabling remote patient monitoring and early arrhythmia detection.

Differentiator

Problem solved

Functional benefit

Products and services

• Cardiom Mobile ECG Monitoring Device CE-certified mobile ECG monitoring device with GSM data line, Bluetooth 4.0 connectivity, and microSD card recorder for daily and long-term rhythm monitoring. Records 8-channel, 24-bit ECG data at 250 Hz and transfers signals to the Livewell Smart Health Platform for healthcare professional review. Intended for clinicians and individual users needing clinical-grade mobile ECG tracking.
• ECG Patch (MiniPatch) Single-channel, lightweight, ergonomic ECG patch designed for 24/7 heart rhythm monitoring with high precision and clinical-grade data acquisition. Provides up to 72 hours of continuous monitoring on a single charge, uses Bluetooth Low Energy to connect to the LiveWell Health mobile app, and runs AI-powered arrhythmia detection on the captured signals.
• Smart ECG T-Shirt Textile-based ECG monitoring garment with a 2-channel, 3-lead integrated ECG sensor for continuous daily heart health monitoring. Made from washable antibacterial fabric, transfers data over Bluetooth in real time, and runs AI-powered deep learning analysis to classify atrial fibrillation, tachycardia, and bradycardia.
• Livewell Smart Health Platform Cloud-based platform that ingests data from Livewell's wearable ECG devices and applies AI-powered medical algorithms to generate patient health reports. Provides healthcare professionals with remote patient monitoring, ECG report access, and early arrhythmia warnings through a dedicated healthcare professional portal.

Quantifiable outcome

• 99% Efficiency rate reported on product page
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature7 records

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• AliveCor: AliveCor manufactures KardiaMobile, a consumer and clinical single-lead ECG device paired with AI-based arrhythmia detection. Directly comparable to Livewell's Cardiom in form factor, AI-powered analysis, and dual B2B/B2C distribution model.
• Preventice Solutions (Boston Scientific): Preventice offers the BodyGuardian wearable ECG patch and remote cardiac monitoring services. Comparable to Livewell's MiniPatch in ambulatory ECG patch form factor and continuous monitoring clinical use case.
• iRhythm Technologies: iRhythm produces the Zio long-term continuous ECG patch and AI-driven arrhythmia classification platform. Closely comparable to Livewell's MiniPatch and Smart Health Platform in wearable patch architecture and cloud-based ECG analytics.

Broad incumbents

• GE Healthcare (MUSE / Holter): GE Healthcare's MUSE cardiology information system and SEER Holter products serve hospital cardiology departments globally. Comparable as an established clinical ECG and Holter monitoring competitor with deep hospital penetration.
• Apple (Apple Watch ECG): Apple Watch includes FDA-cleared single-lead ECG and atrial fibrillation detection at massive consumer scale. Comparable as a consumer ECG wearable competitor affecting Livewell's B2C Smart ECG T-Shirt positioning.
• Philips (Cardiac Monitoring): Philips offers a broad portfolio of cardiac monitoring solutions including BioTel remote monitoring and acute care telemetry. Comparable as a hospital-facing ECG and remote patient monitoring incumbent that competes for the same cardiology budget Livewell targets.
• Baxter (Bardy Diagnostics / Carnation Ambulatory Monitor): Baxter acquired Bardy Diagnostics, maker of the Carnation Ambulatory Monitor (CAM) patch for ECG rhythm assessment. Comparable as a wearable ECG patch competitor with established clinical evidence and global distribution.

Emerging players

• Withings: Withings offers ScanWatch and Move ECG with consumer ECG and arrhythmia detection. Comparable to Livewell's consumer ECG positioning, particularly for the Smart ECG T-Shirt's lifestyle/wellness orientation.
• Biotricity: Biotricity produces remote cardiac monitoring devices such as Bioflux with cloud-based analytics for arrhythmia detection. Comparable to Livewell's Cardiom plus Smart Health Platform in remote patient monitoring business model.
• Empatica: Empatica develops wearable health sensors and AI for continuous monitoring in clinical trials and neurology. Comparable to Livewell in wearable health hardware combined with AI-based physiological signal classification.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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 Livewell