/Companies

ElectroKare

Techstars '24

Vernon Hills, US · Founded 2024 · 4 employees on LinkedIn · 4 known investors

Find your way into ElectroKare

Each arrow is one introduction. Sign up to fill in the first one.

2,369 people can intro you to Joshua

Ask Leon Jacobson to introduce you to Joshua Malinkovich

You →Leon · together at Techstars Physical Health Fort Worth 2024 →Joshua

Sign up to find every way you can get introduced to ElectroKare

  • Your email: who you already know at ElectroKare, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the ElectroKare team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

Electrokare develops continuous biomarker monitoring and intelligence systems for athletes and patients with chronic conditions, using real-time chemistry analytics to inform performance optimization and clinical care decisions.

Also known as Electrokare · ElectroKare Inc.

Founders & leadership

ElectroKare was founded in 2024 by Joshua Malinkovich.

JMJoshua Malinkovich
Joshua MalinkovichCo-Founder and Chief Technology OfficerJoshua Malinkovich is founder of ElectroKare, which develops continuous biomarker monitoring and intelligence systems for athletes and patients with chronic conditions using real-time chemistry analytics.

Investors · 4

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Also in the syndicate · 1

Brickyard VClead

Company profile

researched Sep 2026

ElectroKare develops software that infers blood chemistry and other internal physiological measures from electrocardiogram (ECG/EKG) signals rather than from invasive blood testing. Its consumer product pairs with standard chest-strap heart rate monitors and smartwatches to estimate electrolyte levels — potassium, sodium, calcium and magnesium — hydration status and athletic readiness in real time, delivering in-session feedback intended to flag overexertion, cramp risk and hydration needs before symptoms appear. The company positions this as an alternative to PPG-based wearables such as smartwatches and rings, which its founders argue provide general awareness but limited chemical specificity.

The company describes its current architecture as an ECG foundation model called Nefesh, from which two product lines are built: ElectroKare Clinical, aimed at software-as-a-medical-device and clinical intelligence applications, and ElectroKare Performance, aimed at training and human performance. The company frames the broader goal as "AI infrastructure for precision, preventative medicine," citing targets such as detecting reduced left ventricular strength, valve narrowing, or a rising potassium level non-invasively. Company materials state Nefesh is developed in partnership with medical institutions and affiliated physicians.

Its iOS application, listed under the Health & Fitness category, stores users' ECGs, activity data and other user-provided information to generate analytics during and after sessions. App store materials carry an explicit disclaimer that ElectroKare is not a medical company, does not provide diagnostic information, and that outputs are estimates derived from ECG-to-electrolyte model inference rather than direct measurement comparable to a blood test.

Founding story

Co-founder Mitchell Leshchiner, who grew up in Vernon Hills, Illinois, played youth and academy soccer in Germany, Spain and Georgia from age 13 and in 2021 played professionally in France for TEGG FC as a right back. He has said he struggled with electrolyte management throughout his athletic career and found no reliable formula for it. While an undergraduate at the University of Illinois studying computer science plus econometrics and quantitative economics, he began developing the idea in fall 2023 with Josh Malinkovich, then a senior in bioengineering, and the pair formally launched the business in March 2024. Leshchiner had previously started two other ventures: MJ Labor, a Midwest services company, and Leshchiner Soles, an apparel resale marketplace.

Business model

ElectroKare sells a direct-to-consumer subscription application that works with users' existing heart rate monitors and smartwatches, avoiding proprietary hardware. Alongside the consumer performance product, the company describes a clinical arm intended to deliver software-as-a-medical-device and clinical intelligence built on the same underlying ECG model.

Membership subscription, priced at $16 per month as of September 2025.

Traction

The startup reported over 35,000 people on its waitlist at launch and announced a public beta in September 2025. Its iPhone app holds a 5.0 rating from 36 ratings. Company materials state models were trained and validated on more than 5 million patients and that the system is actively deployed to more than 40,000 patients.

Latest developments

Company materials describe an ECG foundation model, Nefesh, and a split into Clinical and Performance product lines with software-as-a-medical-device positioning, alongside stated partnerships with medical institutions and physicians. The iOS app added an Insights tab with cramp risk and hydration recommendations (November 2025), post-session electrolyte breakdowns, editable pace and distance for activities (December 2025), out-of-range electrolyte graphs and additional supplement options (February 2026), with the most recent listed release 1.0.48 in March. Regional press profiled the company in Chattanooga in December 2025.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

The company positions itself against PPG-based consumer wearables — Apple Watch, Oura, WHOOP and heart-rate straps — arguing those sensors provide general health awareness but limited chemical detail, and compares its consumer approach to fitness platforms such as Strava and WHOOP with a data-driven focus on hydration and electrolytes. In its clinical framing, it targets non-invasive measurement of parameters that it says were not previously measurable outside of invasive testing.

Rather than adding a new sensor, the company derives chemistry-level estimates from ECG signals already captured by commodity heart rate straps and smartwatches, providing electrolyte and hydration estimates without blood draws, plus in-session rather than retrospective feedback.

Technology

The core technology estimates blood chemistry from electrocardiogram signals. Models are trained on datasets pairing electrolyte measurements to ECGs, and the company has cited published research supporting the relationship between ECG morphology and electrolyte concentrations. Early development used open-source data. The consumer app connects to standard chest straps such as the Polar H10 and to smartwatches, streams live estimates of electrolyte balance, hydration and readiness during activity, and stores ECGs and activity data to produce historical analytics. Current company materials describe an ECG foundation model named Nefesh underpinning both clinical and performance products, with some outputs delivered as one-time reads and others computed continuously.

Go-to-market

Consumer acquisition has relied on organic and podcast-driven awareness, including mentions on health podcasts and the team's own podcast, Silicon Fox, which company statements put at upwards of 70,000 monthly listeners. The product launched via a waitlist that preceded a public beta, distributing through the Google Play Store and later the Apple App Store, and is sold on a monthly membership.

Initially competitive and endurance athletes already accustomed to performance and nutrition tracking, with a stated ambition to reach the broader fitness population (cited as 64 million Americans engaged in fitness). Earlier work targeted chronic kidney disease and dialysis patients, and the founders have described interest in expanding to additional markets including the military. The clinical arm addresses clinicians and medical institutions.

Geography

Founded and associated with Vernon Hills and Urbana-Champaign, Illinois; participated in a Fort Worth, Texas accelerator; relocated to Chattanooga, Tennessee in 2025. A Techstars company listing gives locations as Union Square, New York, NY and Vernon Hills, IL.

History

ElectroKare was launched in March 2024 by Mitchell Leshchiner and Josh Malinkovich after an ideation period beginning in fall 2023. Shortly after launch the team joined the iVenture Accelerator, a University of Illinois program based in the Gies College of Business, and it also participated in Techstars Physical Health Fort Worth in 2024, with Techstars becoming an investor. The company initially targeted potassium tracking for chronic kidney disease and dialysis patients but pivoted toward athletes and general fitness users after concluding that FDA clearance was impractical at its early stage. An Android release preceded an iOS launch; the iPhone app shipped its initial release and has been updated regularly, adding features such as post-session electrolyte breakdowns, an Insights tab with hydration recommendations and cramp risk, supplement options, and out-of-range electrolyte graphs through early 2026. After receiving seed-stage funding from Brickyard VC, the company relocated to Chattanooga, Tennessee, joining the Brickyard program, and announced a public beta in September 2025. Company materials now describe an ECG foundation model, Nefesh, and a two-arm clinical and performance product structure.

Risks & controversies

The consumer app carries a disclaimer stating that ElectroKare is not a medical company, does not provide diagnostic information, and that its outputs are estimates that do not directly measure electrolyte levels as a blood test would, with users directed to consult a physician before medical decisions. The founders have described regulatory clearance as a barrier that drove an early pivot away from chronic kidney disease patients, and have cited difficulty acquiring medical data due to confidentiality rules. Public sources also differ on basic company details, including founding year and headquarters.

Compiled by commissioned research from 9 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Company stageJan 2026Seed
Employee headcount rangeJan 202611-50
IOS App Store ratingJan 20265 out of 5 (36 ratings)
Patients actively deployed toJan 202640,000 patients
Patients used for model training and validationJan 20265,000,000 patients
Silicon Fox podcast monthly listenersSep 202570,000 listeners per month
Subscription priceSep 2025$16
Waitlist signups at launchSep 202535,000 people

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 3

Companies working in the same space as ElectroKare.

Timeline · 7

launches, deals, and filings
Nov 2025
Insights tab released in iOS app

App version 1.0.38 introduced an Insights tab showing cross-activity insights, hydration recommendations and cramp risk rate.

source ↗

Nov 2025
Post-session electrolyte breakdown added

App version 1.0.39/1.0.38 release notes added a post-session electrolyte breakdown showing how different electrolytes were lost during a workout.

source ↗

Sep 2025
Public beta launch

ElectroKare announced the public beta launch of its platform, which pairs with standard heart rate straps to provide real-time electrolyte, hydration and readiness metrics, on a $16/month membership.

source ↗

Jan 2025
Relocated to Chattanooga, Tennessee

After receiving seed-stage funding from Brickyard VC, the company moved to Chattanooga and began building at Brickyard.

source ↗

Nov 2024
Android availability and planned iOS launch

The product was available in the Google Play Store for consumers, with an iOS launch targeted for November 2024.

source ↗

Jan 2024
Completed Techstars Physical Health Fort Worth

ElectroKare went through the Techstars Physical Health accelerator in Fort Worth, Texas in 2024; Techstars is described as an investor in the company.

source ↗

Jan 2024
Participated in iVenture Accelerator at University of Illinois

A few months after formally launching in March 2024, the founders joined the University of Illinois iVenture Accelerator, based in the Gies College of Business, to develop the product further.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 9

primary sources listed

9 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does ElectroKare do?
ElectroKare builds ECG-based AI models that estimate electrolyte levels and other physiological measures for athletes and clinical use.
Who founded ElectroKare?
ElectroKare was founded by Joshua Malinkovich in 2024.
Who are ElectroKare's investors?
ElectroKare's investors include Feld Ventures, Techstars, Brickyard.
Where is ElectroKare headquartered?
ElectroKare is headquartered in Vernon Hills, US.