ConnectedHealth, backed by former DBS, SIA and SingTel chairman, gets USD530k from Get2Volume and others
December 2, 2012 by Terence LEE
The United States is backwards when it comes to healthcare. It spends 15.2% of its GDP on medical services, the highest in the world, and yet ranks 50th in life expectancy. Remote health monitoring is one solution, since it enables patients to be taken cared of at home without needing to pay for expensive hospital stays.
Yet remote health monitoring is beset by lacks in connectivity standards, interoperability, and wireless monitoring devices. ConnectedHealth, a Singapore-based startup, aims to make wireless home health feasible.
The company, founded by Mike Holt, the CEO, and Hari Ramachandran, the VP for business development and technology, announced on 3 December that it has received USD530k from NRF-TIS incubator Get2Volume and US healthcare company Sovran. The technology incubator was also founded by Holt. Read more