Preventice Solutions
Latest round
- Series B
Last raised
- Jul 2020
Total raised
- $45M
Investors
- 5
About Preventice Solutions
Preventice Solutions, Inc.Founded in 2004 and headquartered in Houston, US, Preventice Solutions, Inc. focuses on developing advanced cardiac monitoring technologies. The company was acquired by Boston Scientific Corporation in November 2020 for approximately USD 925 mn, following investments from notable entities like the Merck Global Health Innovation Fund and Novo Holdings A/S. Jon Otterstatter serves as the CEO, leading the company after its strategic acquisition.Preventice Solutions, Inc. specializes in advanced cardiac monitoring solutions through its flagship products, BodyGuardian™ MINI and BodyGuardian™ MINI PLUS. These wearable monitors are designed for continuous use, allowing patients to wear them comfortably and securely 24/7. They facilitate remote ECG data collection, providing healthcare professionals with critical insights for diagnosing cardiovascular conditions. The devices are compatible with various electronic medical record (EMR) systems, ensuring seamless integration and communication between patients and healthcare providers.The revenue model of Preventice Solutions is primarily based on direct sales and partnerships involving its cardiac monitoring devices. The company engages in B2B transactions with healthcare institutions that utilize the BodyGuardian products for patient monitoring, typically through subscription models and direct sales. The company is focused on developing new iterations of the BodyGuardian products, with plans for expansion into additional markets across Europe and Asia by 2023. The strategic investment will support initiatives aimed at improving the functionality and integration of monitoring solutions within healthcare systems, ensuring that both patients and providers benefit from advanced cardiac care technologies.
Who invested in Preventice Solutions
5 investors across 1 round
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Funding rounds
Series B
Jul 10, 2020
Amount
$45M
Investors
Questions about Preventice Solutions
Who invested in Preventice Solutions?
Preventice Solutions has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Preventice Solutions raised?
Preventice Solutions has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Preventice Solutions last raise money?
Preventice Solutions's most recent round on record is a Series B, in Jul 2020.
What does Preventice Solutions do?
Preventice Solutions is a healthcare it company.
Where is Preventice Solutions headquartered?
Preventice Solutions is headquartered in Houston, US.
Which VCs invest in companies like Preventice Solutions?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Preventice Solutions's stage. Their profiles are linked below.
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