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Sparrow BioAcoustics
Digital health company eliminating barriers in cardiac care and industrializing the richest modality in medicine - bioacoustics
About Sparrow BioAcoustics
Sparrow BioAcoustics is a Canadian digital health company eliminating barriers in cardiac care and industrializing bioacoustics — the digital examination of heart and lung sounds using artificial intelligence and smartphone microphones. Its principal product, Stethophone™, turns a compatible smartphone into a clinical-grade digital stethoscope without requiring additional hardware, an approach the company calls AI Phonoscopy.
Stethophone PRO is designed for healthcare practitioners, providing cardiac sound analysis and visualisations to support screening for conditions including valvular heart disease, arrhythmias and cardiomyopathy — surfacing both structural and rhythmic issues earlier in the care pathway. The company's first cardiac AI capability launched in July 2024 and is a released part of the product offering rather than a development-stage roadmap item.
Stethophone is available in the United States, Canada and Ukraine, subject to the regulatory status and product indications applicable in each market. The product received FDA 510(k) clearance in 2023, was licensed by Health Canada in 2024, and became available to Canadian consumers following a November 2024 launch. In Ukraine, Stethophone has received full regulatory approval for use by patients and their families — an approved, generally available product offering rather than a pilot programme.
Sparrow BioAcoustics generates revenue through its downloadable consumer and professional software products. The company has raised approximately $26 million in total capital across equity financing and grants, including a $13 million seed round in September 2024 and a further $10 million round in October 2025 to support its expanding U.S. deployment. It is headquartered in Halifax, Canada, and works with healthcare and technology partners to expand access to digital cardiac assessment.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Halifax, Canada
- Employees
- 29
- Open positions
- None listed
- Dealroom signal
- 69.0/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Oct 2025 | $10M | $65M | Pelorus Venture Capital · Klister Credit · Killick Capital | ↗ |
| SEED✓Equity / VC | Sep 2024 | $13M | $52M | Killick Capital · Klister Credit · Pelorus Venture Capital | ↗ |
Growth signals
Latest recorded traffic for Sparrow BioAcoustics is 120 monthly website visits, down 69.2% over the last three months. Sparrow BioAcoustics's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Government of Canada
Pelorus Venture Capital
Series A2 investors entered at this stage
- KCKlister Credit
- KCKillick Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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