EarlySense, a Ramat-Gan, Israel-based developer of a patient supervision system for hospital and post acute care, has closed a US$13m third financing round.
The round was led by Pitango Venture Capital, with participation from existing shareholders Etgar Challenge Fund, Proseed VC Fund, Docor International Management, Noaber, and Bridge Investment Fund.
To date, the company has raised about US$24m in three rounds.
EarlySense’s lead product, the EverOn, is a contact-free patient supervision system installed underneath a hospital bed mattress. The system measures patient vital signs and movements and alerts medical personnel of the changes in a patient’s condition. It detects heart and respiration rates, bed entries and exits, as well as patient movement.
EverOn is currently installed at several medical centers in the USA and Europe.