Wearable biometric diagnostic patch company Vital Connect raised $18 million in a new round of equity financing, according to a new SEC filing.
The company is developing the Vital Connect platform designed to work with its HealthPatch MD and VitalPatch biosensors.
Vital Connect’s devices can return multiple measurements in a single biosensor patch, including single-lead ECG data, heart rate, RR interval, heart rate variability, respiratory rate, skin temperature, body posture, fall detection and activity including steps, according to the company’s site.
Data from the patches is time-stamped to provide better analytics and data can be streamed from the patches and uploaded to the company’s cloud, where it can be stored and extra analytics can be performed, the company said.
Funds from the round came from 27 unnamed investors, according to an SEC filing, and the company is still seeking an extra $2 million in the round.
Vital Connect has not yet said how it plans to spend funds raised in the round.
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