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PacSana has raised €€€ - Care Innovation - Issue #10

PacSana has raised €€€ - Care Innovation - Issue #10
By the team at Yokeru • Issue #10 • View online
Morning all
Ireland’s an innovation hub. The republic consistently leads the world in productivity growth (driven by tech innovation and an alive startup ecosystem). 
Two-year-old startup PacSana has just raised €650,000 to grow its product in the States. 
The US has the largest healthcare market globally (it spent $3.5 trillion on health in 2019), and an ageing population (by 2040, about one in five will be 65 or older, up from about one in eight in 2000). Therefore, there’s existing and future promise for companies like PacSana.
PacSana’s offer is straightforward. It comprises a pulse oximeter, wrist-worn GPS device, temperature checker, and platform that spots patterns. It’s looking for:
  • Excessive time in the bedroom or bathroom
  • Not leaving the home
  • Increase in body temperature
  • Drops in blood oxygen levels

We’ll be seeing more platforms looking to the US this year; especially those that support remote care, in light of the (pandemic sparked) changes in care-patterns.
Speak tomorrow,
Hector
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