CalmWave, a Seattle, WA-based creator of the Quiet ICU, raised $5.25M in funding.
The round was led by Third Prime with participation from Catalyst by Wellstar, Silver Circle, Rebellion, Impulsum, and existing investors Bonfire Ventures, Tau Ventures, and Hike Ventures.
The company intends to use the funds to accelerate market penetration and strengthen and expand its GPO channel partnerships, including Premier, Inc. and Partners Coop.
Led by CEO and Founder Ophir Ronen, CalmWave aims to objectively improve healthcare, starting with safely eliminating non-actionable alarms. Its solution addresses the endemic problem of alarm fatigue in Intensive Care Units (ICUs). The CalmWave Operations Platform uses “Transparent AI,” which makes the reasoning and data behind its conclusions fully visible. This approach empowers healthcare organizations to optimize operations and confirm they are making well-informed, data-driven decisions. To feed its models, the company uses a hospital’s retrospective and real-time patient data, such as vital signs, interventions, and medication administration, to provide objective recommendations for reducing alarm fatigue. Implementing these recommendations by nursing staff improves the clinical work environment and patient care.
FinSMEs
21/11/2024