VitalConnect

VitalConnect

Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $121M

Overview

VitalConnect is a commercial-stage medical technology company focused on remote patient monitoring (RPM) and cardiac monitoring through its flagship wearable biosensor, the VitalPatch. The company's platform streams up to 11 vital signs in real-time, targeting applications in chronic disease management, post-discharge care, hospital-at-home programs, and clinical trials. By providing continuous, telehealth-enabled data, VitalConnect aims to reduce hospital readmissions, improve patient outcomes, and lower the cost of care. The company has seen accelerated growth, particularly driven by the expansion of telehealth during the COVID-19 pandemic.

CardiologyChronic Disease Management

Technology Platform

Wearable biosensor (VitalPatch) that measures up to 11 vital signs (ECG, HR, RR, temp, posture, etc.) with real-time wireless data streaming to a HIPAA-compliant cloud analytics and telehealth software platform.

Funding History

5
Total raised:$121M
Debt$20M
Series D$34M
Series C$39M
Series B$18M

Opportunities

The massive shift towards telehealth and value-based care, accelerated by COVID-19, creates a strong tailwind for remote monitoring solutions.
Expansion of Medicare reimbursement for RPM services and the growing need for decentralized clinical trial tools provide significant, concrete market opportunities.

Risk Factors

Intense competition from both large medtech firms and agile startups in the digital health space poses a market share risk.
The company's growth is also heavily dependent on favorable and stable healthcare reimbursement policies, which are subject to change.

Competitive Landscape

VitalConnect competes in the crowded remote patient monitoring and wearable biosensor market against players like Philips (BioTel), Medtronic, iRhythm, and numerous startups. Its differentiation lies in the multi-parameter sensing (up to 11 vitals) and real-time streaming capabilities of its single patch, as opposed to devices that only store data or measure fewer parameters.