4 years ago
Lifelight Secures Over $8 Million in Funding for Remote Patient Monitoring Platform
Lifelight, a London-based developer of a clinical grade remote patient monitoring platform, raised over $8 million in funding to date
The company plans to use the funds to expand its development efforts
Lifelight's platform uses smartphones and tablets to measure vital signs such as oxygen saturation, pulse, blood pressure, and breathing rate
The company is working to gain FDA clearance for its device to access the US and other countries
Lifelight has conducted three clinical trials and partners with telehealth organizations across multiple health sectors and geographies.
ProblemHealthcare
"Patients struggle to get accurate and reliable vital sign readings in their homes, especially when it comes to monitoring things like oxygen saturation, pulse, blood pressure, and breathing rate. This leads to inefficient healthcare, potentially delayed diagnoses, and higher costs."
Solution
"Lifelight offers a remote patient monitoring platform that uses smartphones and tablets to measure vital signs accurately and reliably. Patients can simply look into their device's camera for 40 seconds, and the platform will capture the necessary data. This empowers patients to take control of their health and allows healthcare providers to monitor their patients remotely, leading to better care and more efficient resource allocation."
