Sway Medical, a Tulsa, Okla.-based mobile software application that uses motion sensors of mobile devices to analyze clinical-grade balance testing, completed a $750k tranche of its Series A funding.
The round was led by individual angel investors and the OKAngel Sidecar Fund. To date, Sway Medical has raised $1.325m in total funding.
Led by Chase Curtiss, Founder and CEO, Sway Medical just released its Sway Balance, a mobile medical diagnostics tool that provides medical professionals such as doctors, nurses, athletic trainers and physical therapists with a mobile alternative to the standard pen and paper diagnostic tests currently used. It gathers evidence in moments, showing whether or not a person has probably suffered a concussion. It is now available for download in the Apple iOS App Store for medical professionals and distributors.
Currently, the company’s technology is used to provide instantaneous clinical management of concussions for athletes from age 10 through adulthood.
Future versions of Sway Balance will assist in monitoring patient outcomes in physical therapy, orthopedic and primary care physician practices, senior living facilities, and worksite medical clinics settings.
Sway Medical also announced a strategic partnership with ImPACT Applications, Inc. (the developer of a computer-based concussion evaluation system) to create new tools and wider distribution channels for their applications and bring them to sporting events.