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Transformative Raises $1.7M Seed Round After Developing Technology That Predicts Sudden Cardiac Arrest

Jul 27, 2020•almost 5 years ago

Amount Raised

$1 Million

Round Type

seed

New York

Description

Transformative, a healthcare startup whose software predicts sudden cardiac arrest, announced today that it has raised a $1.7 million seed round, led by Tera Ventures. The round includes funding from the Wellcome Trust, which provided Transformative a Healthcare Innovator Award, and from InHealth Ventures, which had previously invested in Transformative’s pre-seed round. Investors Andrus Oks of Tera Ventures and Nick Slater of AI Seed are joining Transformative’s board.

Company Information

Company

Transformative

Location

New York, New York, United States

About

Transformative is a medical software company operating in the US, the UK, and Estonia. Its predictive patient monitoring software identifies patients at imminent risk of life-threatening medical events, enabling preventive care. Its first patented technology predicts in-hospital sudden cardiac arrest. For more information, go to www.transformative.ai.

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