Healthsense deploys sensors and algorithms to establish activity baselines and notify caregivers when a patient’s behavior diverges, enabling early interventions to avoid hospitalizations. The company operates its own data centers and currently has about 23,000 people on its system. CEO A.R. Weiler said the business will use new funding to support expansion of its remote monitoring program this year. Healthsense plans a series of announcements, including release of third‑party clinical validation study results and details on new partnerships. Leadership experience at organizations such as Optum and Virgin HealthMiles is noted through CEO Weiler. The company has raised $34.1 million to date and is based in Minnesota. Healthsense, based in Mendota Heights, MN, provides tech-enabled care solutions for the senior care continuum. It offers wireless care solutions including remote monitoring, emergency response and wellness management systems. The company has deployed several pilot programs within the last year with partners such as Humana Cares/Senior Bridge and Fallon Health. Led by President and CEO A.R. Weiler, Healthsense focuses on supporting senior-care operations across the continuum. In August 2014 Healthsense raised $10M in financing. The company intends to use the funds to continue to grow operations. Healthsense is a provider of next-generation remote monitoring solutions for the senior care market. Its core product is the eNeighbor passive monitoring and analytics technology that enables proactive detection of emerging health concerns and automatic alerts for events such as falls. The platform combines remote monitoring, emergency response, and wellness management to help seniors remain independent, reduce costs, and enhance caregiver and senior experiences. Built on a Wi‑Fi platform, Healthsense’s products are scalable and designed to enable flexible technology-enabled care models for communities and home-based care organizations. The company plans to focus on enhancing care models to advance adoption of remote monitoring in health management and to extend the reach of its platform throughout senior living communities and homes across the United States. Healthsense recently closed an additional $7 million Series D financing to support that expansion. Healthsense offers wireless sensors, nurse call systems and algorithmically-enabled remote monitoring solutions aimed at seniors and people living at home. Its flagship product, the eNeighbor® system, uses a series of wireless sensors placed throughout a residence to capture activities of daily living and automatically call for help if it detects a possible problem. The eNeighbor system was developed under the direction of the National Institute on Aging (NIA) and DARPA. Since introducing its first commercial product in 2006, Healthsense has emerged as a leader in Wi‑Fi sensors and remote monitoring solutions. The company is using new growth capital financing to accelerate sales and marketing and to expand its platform into new markets. The funding amount was undisclosed.

Total raised

$27M

Funding rounds

5

Latest round

Debt Financing

Latest activity

Feb 2016