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Iv Watch Llc announced it raised $13.7 Million in an amended filing from an offering of $20 Million

Feb 10, 2022over 3 years ago

Amount Raised

$13.7 Million

Newport NewsHealth CareManufacturing

Company Information

Company

ivWatch

Location

700 Tech Center Parkway

Newport News, Virginia, United States

About

ivWatch, LLC is a medical device and biosensor company focused on improving the safety and effectiveness of intravenous (IV) therapy. IV therapy is a basic yet critical component of care in hospital and outpatient settings, but it has a high failure rate. Continuous monitors exist to keep track of patients’ heart and blood oxygen levels. Until now, no technology has been available to continuously monitor the health of a patient’s IV site, and whether drugs or fluids are being delivered through the vein or leaking into the tissue. The ivWatch Model 400 is an FDA-cleared device to help clinicians monitor the status of a patient’s IV to aid in the early detection of peripheral IV infiltrations and extravasations. Through the use of non-invasive sensor technology, the ivWatch Model 400 can help reduce potentially serious medication dosing errors and associated patient harm from infiltration events. ivWatch is transforming IV therapy by improving patient care and safety and offering health care providers a much-needed, reliable and cost-effective solution for continuously monitoring peripheral IVs.

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