Ōmcare, a Medical Alley, Minn.-based digital health company, raised $2.5 million in funding.
The capital came from Connect the Grey Investment Management.
The company intends to use the funds for commercialization of its Ōmcare Home Health Hub™ .
Led by Founder and CEO Lisa Lavin Ōmcare provides the Ōmcare Home Health Hub, which incorporates on-time medication dispensing with visual confirmation that users are taking the right medication at the right time, along with remote face-to-face communication with their care team through the video portal.
The company is conducting a pilot program, in partnership with Minnesota based Ecumen Senior Care and Thrifty White Pharmacy, in early 2021 to evaluate how the technology improves medication adherence, reduces the cost of care and decreases the feeling of isolation and loneliness in users. Ōmcare will build upon success from the pilot program with a commercial launch expected later in 2021.