HomeUSAPathSpot Closes $6.5M Series A Funding

PathSpot Closes $6.5M Series A Funding

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PathSpot, a NYC-based creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, closed a $6.5m Series A funding round.

The round, which brought total funding to $10.5m, was led by Valor Siren Ventures I L.P., with participation from existing investors FIKA Ventures and Walden Venture Capital. In conjunction with the funding, Richard Tait, a partner at VSV, will join PathSpot’s board of directors.

Co-founded in 2017 by biomedical engineers Christine Schindler, CEO, and Dutch Waanders, CTO, PathSpot is a first real-time hand hygiene management system, protecting foodservice operators against the threat of illness and outbreaks with a device that scans employee hands to identify the presence of harmful contamination in less than two seconds. It is used by restaurants, packaging facilities, cafeterias, and farms across the country.

Using a network of sensors plus visible, audible, and electronic cues, PathSpot immediately notifies team members when invisible contamination is detected on their hands. In the future, PathSpot will also detect on food, equipment, surfaces, and more. If the contamination or handwash frequency requirements are not addressed, notices can automatically escalate to management to ensure complete protection of the customer, brand, and bottom line in one location or across a chain.

FinSMEs

21/05/2020

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