Investor relations

Invest in the future of connected cardiac care

A CE-marked medical device for remote ECG and heart sound recording, with a finished product, units in stock and existing customers. We are looking for partners to bring Coala to more healthcare providers.

6,500
CE-marked units in stock, ready to deliver
20+
patents behind the technology
200+ MSEK
invested in the product line to date
The need
100,000

around 100,000 Swedes are expected to have undiagnosed AF

Specialist care is overloaded – rural patients wait the longest

Health centers in rural areas often lack staff and are far from the nearest cardiologist.

Coala Solutions offers a CE-marked medical device for remote ECG and heart sound recording, with a finished product, units in stock and existing customers. We are now looking for partners who want to help us bring Coala to more healthcare providers in Sweden and beyond.

Our solution

One handheld device. Two 30-second recordings.

The Coala Heart Monitor lets arrhythmia investigations be carried out in primary care – and patients can measure exactly when their symptoms appear.

ECG + digital stethoscopeBoth combined in a single measurement.
30 seconds, Simple to use: Patients are guided by the app
At home or at the clinicPatients measure at home, or staff measure at care facilities.
The evidence

Cost-saving compared with 24-hour Holter ECG

A 2022 health economic assessment by the Swedish Dental and Pharmaceutical Benefits Agency (TLV) found Coala Heart Monitor Pro cost-saving compared with 24-hour Holter ECG. TLV rated the uncertainty as high to very high, but found that it did not change this conclusion.

In 2022, the MTP Council also recommended Coala Heart Monitor for patients without known arrhythmia who have symptoms of suspected atrial fibrillation.

606–929 SEK 606–929 SEK estimated saving compared with 24-hour Holter ECG Source: TLV report 173/2021 (January 2022). Assessment of Coala Heart Monitor Pro, then from Coala Life AB.
ISO 13485 certified ( no. MD 824885 ) CE-marked medical device, MDR class IIa
Sundsvall · HQUppsala · Warehouse & supportTallinn · Manufacturing (Innokas)
Business model

Recurring revenue from healthcare organizations

01Subscription per deviceHealthcare organizations subscribe for each monitor they use.
02License per siteA license fee for each care site using the system.
03B2B focusOur main customers are healthcare organizations.

Led by the inventor of the technology

Founder and CEO Magnus Sörlander began his research in 2004 and holds more than 20 patents. In 2024 he acquired the full product line, refocusing the company on healthcare organizations.

He is supported by a board of experienced medtech professionals and an expert group in:

CardiologyBioinformaticsAI
Looking ahead

From Sweden to the world

We are building relationships with healthcare organizations in new markets, and exploring AI-based tools in research projects.

(not part of the current CE-marked product)

Sweden · base NordicsNew ZealandIndiaMiddle EastUSA · longer term

Interested in learning more?

Contact us to receive our investor presentation.