# PatientOne

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/patientone

- Industry: Software
- Headquarters: Missoula, US
- Website: www.patientone.co
- Total disclosed funding: $1.2M
- Latest round: Seed (Feb 1, 2019)
- Investors on record: 5

## About

PatientOne, Inc. is a healthcare technology company that specializes in remote monitoring solutions aimed at improving patient care and chronic disease management.Founded in 2018, PatientOne, Inc. is based in Missoula, US, and operates in the healthcare technology sector. The company offers a unique AI-powered platform that enables healthcare providers to monitor patients remotely. PatientOne has secured USD 1.2 mn in Seed funding on February 1, 2019, from investors including Dundee Venture Capital and Revolution Ventures. The founders, Erik Guzik and Jeff Fee, have a background in healthcare technology, contributing to their expertise in developing innovative solutions.PatientOne operates primarily in the healthcare technology sector, offering a suite of remote monitoring solutions designed to enhance patient care. The core product is an AI-powered platform that enables healthcare providers to monitor patients in real-time, facilitating chronic care management for conditions such as hypertension, heart failure, and diabetes. This platform utilizes advanced technology to provide alerts for new or worsening symptoms, ensuring timely intervention and improved patient outcomes. The company emphasizes a three-pillared approach—people, process, and technology—targeting primary care providers and specialists to address systemic healthcare challenges and promote value-based care. PatientOne's services are marketed to healthcare facilities and providers across the United States, with specific outreach to both urban and rural healthcare environments, enabling access to care for diverse patient populations.PatientOne generates revenue through various business models, primarily leveraging a subscription-based structure for its technology services. Healthcare providers subscribe to the PatientOne platform, which can include features such as 24/7 remote patient monitoring, automated messaging, and tailored care protocols. This subscription model allows for continuous access to the platform, facilitating seamless integration with existing healthcare operations. Additionally, the company offers partnerships to integrate its monitoring solutions with specialized medical devices, which further enhances its service offerings. Revenue may also be supplemented through reimbursement structures associated with value-based care models, where costs can be offset by improved patient outcomes and reduced hospitalization rates for subscribers. The transactions with healthcare providers are typically structured around service agreements that outline the specific features and support provided, ensuring alignment with client needs.PatientOne, Inc. plans to leverage the USD 1.2 mn raised in Seed funding to expand its product offerings and enhance its market presence. The company aims to develop new features for its AI platform to further improve chronic disease management capabilities in the next 12 months. Additionally, PatientOne is targeting expansion into new geographic regions, focusing on underserved areas in the Midwest and Southeast of the United States by 2024. The recent funding will support technology advancements and the development of strategic partnerships to facilitate entry into these new markets.

## Funding rounds

- Seed, Feb 1, 2019, $1.2M — Dundee Venture Capital, Revolution Ventures, Service Provider Capital, Next Frontier Capital, Goodworks Ventures

## Investors

- Dundee Venture Capital (https://capitalatlas.ai/funds/dundee-venture-capital) — Seed
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Seed
- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Seed
- Next Frontier Capital (https://capitalatlas.ai/funds/next-frontier-capital) — Seed
- Goodworks Ventures — Seed