Vital Connect, a vital sign monitoring company, received a total of $18 million in financing

According to a filing with the Securities and Exchange Commission (SEC), wearable vital sign monitoring company Vital Connect has completed its second round of financing with a total financing of $18 million.

It is understood that Vital Connect was founded in 2011 in Silicon Valley, USA, and completed $10.7 million in financing in the same year. In 2013, it added another $7.3 million in financing, which was not disclosed by investors.

In March 2016, Vital Connect unveiled its latest FDA-approved Vital Patch, the FDA-approved product, at the HIMSS conference.

Vital Patch is much like a band-aid, measuring and recording single-lead electrocardiogram (ECG), heart rate, heart rate variability, respiration rate, skin temperature, posture, stride and fall detection with clinical accuracy. On battery life, it is powered by a disposable zinc-air battery that supports single-lead ECG monitoring for three consecutive days.

It sends data to Vital Connect's secure server via Bluetooth on the mobile device, allowing users' care providers to access data and receive notifications. Vital Connect does not sell equipment directly to patients, but sells to health care providers and other health companies.

Vital Patch monitors the same vital signs compared to the previous Health Patch MD, but is smaller, lighter, and disposable.

Top left is Health Patch MD, bottom right is Vital Patch

When Vital Patch was first launched, Dr. Nersi Nazari, Chairman and CEO of Vital Connect, revealed that Vital Patch was designed for patient comfort, ease of use, and optimization of clinical workflow. “From the hospital to the home, medical-grade wearable biosensors have enormous potential to improve patient outcomes while reducing medical costs.”

It is also worth mentioning that at the end of February 2016, Philips also launched its wearable vital signs monitoring equipment.

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