VitalConnect Inc has closed its final Series C round, acquiring $38 million

By Catherine Sturman
Wearable biosensor technology company VitalConnect has acquired $38 million in its Series C funding round. Led by MVM and Baxter Ventures. VitalConnect...

Wearable biosensor technology company VitalConnect has acquired $38 million in its Series C funding round. Led by MVM and Baxter Ventures. VitalConnect will launch its VitalConnect Platform and VitalPatch wearable biosensor in hospitals and outpatient settings across the US.

The company’s VitalPatch encompasses a number of sophisticated biosensors which are able to communicate health information in real-time to health professionals surrounding a user’s ongoing patient care, providing increased freedom and flexibility. The technology will be able to sense skin temperature via a thermistor, heart rate variability, fall protection, respiratory rate and much more.

The patch has a battery life of four days, and has a software platform embedded which is linked to a number of select hospitals. It is currently the smallest and lightest Class 2 medical device approved by the US Food and Drug Administration on the market.  

Related stories

"We envision a hospital of the future where inpatient and outpatient care needs integrate more seamlessly to enable a patient-centric model of care that is truly preventative and real-time,” commented Nersi Nazari, CEO and founder, VitalConnect.

“Our close of $38 million in total financing this year will help drive our continued product development and rollout."

Supporting the technology, the VitalConnect platform will provide predictive analytics to enable health professionals to respond immediately, and will be able to respond days in advance if patients’ symptoms flag any sign of potential abnormalities through biometric trends.

Providing a continuous flow of data, VitalConnect will therefore provide a one-stop solution in four principal market segments: hospital monitoring, post-discharge monitoring, remote patient monitoring and clinical trials.

Share

Featured Articles

Snowflake: Transforming patient healthcare with Gen AI

Jesse Cugliotta, Healthcare & Life Science at Snowflake, discusses revolutionising healthcare efficiency and improving patient care with Gen AI

Johnson & Johnson: Turning supplier spend into local support

Johnson & Johnson’s Global Supplier Diversity & Inclusion team is growing spending with social enterprises around the globe to expand its impact

Seasonal Affective Disorder’s impact on health & solutions

Dr Ravi Gill & Dr. Naomi Newman-Beinart discuss Seasonal Affective Disorder and its treatments, from vitamin D spray to light therapy

CGI teams up with Totalmobile for digital healthcare service

Digital Healthcare

Deloitte: generative AI can improve access to healthcare

Technology & AI

Wipro & NVIDIA’s revolutionary healthcare uses generative AI

AI & ML