Investing
The raise will help SteadyMD further develop its technology platform and online services.
The seat can collect data on a patient's heart rate, blood pressure, cardiac output, ECG and blood oxygenation.
The round was led by Mosaik Partners, and will be used to grow PatientPay's product line.
The AI company now has a presence among more than 500 U.S. hospitals.
The round was led by Cigna Ventures and MemorialCare Innovation Fund with participation from Avalon Ventures, CU Healthcare Innovation Fund and Stanford Health Care.
The funds will be used for the telehealth startup’s expansion in the APAC region with the support of local and regional partners.
This builds on a $500,000 dollar seed round announced last May.
CU Healthcare Innovation Fund led the Series A round.
The Series A raise comes just a few months after the company raised $3 million in seed funding.
The company plans to use the money to go to market with the product.