3 years ago
Waire Health Secures £2 Million to Scale Remote Patient Monitoring Technology
Scottish medtech startup Waire Health, which is developing remote ward monitoring equipment for home care, has raised £2 million
The funding round was led by Eos Advisory alongside co-investor, Scottish Enterprise
Waire Health's C-Detect device uses AI to monitor patients both in the hospital and at home
The company sells its technology to various healthcare organizations
The investment will help Waire Health scale its technology and reduce hospital readmission rates.
ProblemHealthcare
"Hospitals are struggling to provide adequate care due to staff shortages and limited resources, leading to high readmission rates for patients."
Solution
"Waire Health has developed a remote ward monitoring device called C-Detect that uses AI to track patients' conditions both in the hospital and at home, reducing the need for hospital readmissions and improving patient care."