Medical Alarm Concepts Holding develops mobile personal medical alarm products, including the MediPendant and the iHelp line. The company is preparing to launch the iHelp+ 3G, a cellular medical alert system that operates on 3G and is Bluetooth- and Wi‑Fi‑enabled, with fall detection and geo‑fencing features and broader reach than its iHelp 2G product. The $1,250,000 equity investment (approximately $625,000 taken to date) will fund the launch and marketing of the iHelp+ 3G and support expansion of the technology department. MDHI intends to expand its product line and move toward the telehealth/e‑health market. The company highlights retail traction for its MediPendant, which has been carried by Costco Wholesale since 2011 with 28 reviews (21 five‑star) and an average 4.5‑star rating. The iHelp+ 3G is slated for a public launch at the ISC West show in Las Vegas, April 6–8.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2016