# Senscio Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/senscio-systems

- Industry: Healthcare IT
- Headquarters: Boston, US
- Website: www.sensciosystems.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Feb 27, 2014)
- Investors on record: 4

## About

Senscio Systems, Inc. specializes in enhancing healthcare management for individuals with chronic conditions through its innovative AI-driven platform, the Ibis Health Program, promoting proactive patient care and communication.Founded in 2010 and headquartered in Boston, US, Senscio Systems, Inc. is focused on improving health management for patients with complex chronic conditions. The company was established by Piali De, who has a history of driving innovation in healthcare technology. Senscio has completed a total of 6 deals, with the most recent funding round occurring in December 2017, which raised USD 3.9 mn.Senscio Systems primarily transforms complex health management for individuals with chronic conditions through its flagship product, the Ibis Health Program. This AI-powered clinical platform uses self-reported data to provide insights and foster real-time communication between patients and healthcare providers, allowing timely interventions. The technology enhances medication adherence and aims to reduce hospitalizations, enabling patients to manage their health effectively. Senscio collaborates with healthcare providers, health plans, and care organizations in the US, offering tailored, proactive care solutions for seniors and individuals with chronic health issues.Senscio Systems generates revenue through partnerships within the healthcare ecosystem, focusing on B2B relationships with health plans and healthcare organizations. Their business model includes subscription-based pricing for the Ibis Health Program, where healthcare partners subscribe to access the platform for their patient populations. Clients pay for integrated services that support continuous monitoring and management of chronic conditions, aligning their offerings with existing health systems to enhance care delivery and efficiency while reducing acute care costs.Senscio Systems plans to leverage its recent funding of USD 3.9 mn raised in December 2017 to further enhance its Ibis Health Program and possibly explore new product offerings. The company is focused on expanding its reach within the US healthcare market, targeting partnerships with additional health systems and providers to broaden their service impact. Future product developments aim to include additional features that improve user experience and care management capabilities.

## Funding rounds

- Seed, Feb 27, 2014, $1.5M — Golden Seeds, Walnut Venture Associates, eCoast Angel, Northeast Angels

## Investors

- Golden Seeds (https://capitalatlas.ai/funds/golden-seeds) — Seed
- Walnut Venture Associates (https://capitalatlas.ai/funds/walnut-venture-associates) — Seed
- eCoast Angel — Seed
- Northeast Angels — Seed