EchoNous Raises $60M in Funding

EchoNous

EchoNous, a Redmond, Wash.-based provider of portable AI-guided ultrasound tools and software, raised $60m in funding.

Kennedy Lewis Investment Management made the investment, which combines senior secured debt and equity.

The company intends to use the funds to accelerate the commercial launch of Kosmos, EchoNous’ flagship device.

Founded in 2016 and led by Kevin Goodwin, CEO, EchoNous provides Kosmos, an AI-guided point-of-care ultrasound (POCUS) system providing diagnostic-quality imaging. The system enables systolic heart function assessment, and is a handheld POCUS device offering continuous-wave Doppler capability, a feature with important applications for cardiology. In addition, Kosmos meets HIPAA requirements for data collection, storage, and transmission.

FinSMEs

02/07/2021