TLDR:
- Mindset Medical, a software as a medical device company based in Phoenix, AZ, has closed a Series A funding round led by Grayhawk Capital and Questa Capital.
- The company plans to use the funds to further develop its proprietary non-contact physiological measurements application and conduct clinical studies to support its use as a medical device.
Mindset Medical, a Phoenix, AZ-based software as a medical device company, has successfully closed a Series A funding round. The undisclosed amount was led by Grayhawk Capital and Questa Capital, with participation from AZ Venture Development Corporation, Amgen Ventures, and Nova Prime. The company’s focus is on developing its proprietary non-contact physiological measurements application, Informed Vital Core. The funding will also support the company in conducting clinical studies to further validate the software as a medical device.
The virtual health solution developed by Mindset Medical combines virtual health visits with traditional in-person care, allowing healthcare providers to collect up-to-the-minute patient data and monitor patient outcomes and recovery remotely. The communication and data collection process is conducted securely and encrypted through SMS text messaging on the patient’s smartphone or mobile device, eliminating the need for external hardware or specialized devices. This innovative approach aims to enhance patient care and improve health outcomes through technology.
This funding round represents a significant milestone for Mindset Medical as it continues to innovate in the healthcare technology sector. With the support of key investors, the company is well-positioned to advance its technology and make a meaningful impact on patient care in the future.
