Blue Spark Technologies, Inc., a Westlake, OH-based leader in wearable remote patient monitoring solutions, raised a $40m intellectual property-based debt solution.
The financing was led by GT Investment Partners with support from Aon plc (NYSE: AON).
The company intends to use the funds to scale its sales and marketing functions and the continued advancement of its wearable remote patient monitoring solutions.
Led by John Gannon, President and CEO, Blue Spark Technologies is a leader in developing thin, flexible, wearable remote patient monitoring solutions. Its TempTraq®, is a wearable temperature monitor in the form of a soft, comfortable patch that continuously, safely and comfortably, monitors body temperature for up to 72 hours and sends alerts to Apple® or Android™ compatible mobile devices. The company’s TempTraq Connect HIPAA-compliant service supported by Google Healthcare Cloud Platform allows parents and caregivers to monitor body temperature from anywhere. It also allows direct integration with health care provider electronic health records (EHR) systems and central nursing stations, providing a secure method of storing patient health care data.
FinSMEs
18/04/2022