Signature Medical Completes $2.5M Series A Funding Round

Signature Medical, Inc., a Boston, MA-based digital healthcare company, completed a $2.5m Series A funding round.

Backers included Riot Ventures, Bose Corporation, and Allied Minds (LSE: ALM).

Led by Omar Amirana, MD, Founder and Chief Executive Officer of Signature Medical and Senior Vice President of parent company Allied Minds, Signature Medical is developing AcoustiCare™, a wearable product focused on heart failure evaluation and monitoring to improve patient outcomes while preventing hospital re-admissions. AcoustiCare leverages proprietary cloud-based audio technology and artificial intelligence enabling remote monitoring and evaluation of heart failure and other indications.

The company intends to use the proceeds to accelerate the development and commercialization of the AcoustiCare system.

FinSMEs

26/07/2017

Join the discussion