# Signal 1 AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/signal-1-ai

- Industry: Healthcare IT
- Headquarters: Toronto, Canada
- Website: www.signal1.ai
- Total disclosed funding: $10M
- Latest round: Seed (Apr 25, 2022)
- Investors on record: 3

## About

Based in Toronto, Canada, and founded in 2022, Signal 1 AI Inc. operates as a provider of technology-based health and patient information to hospitals globally. As of April 2022, the company is being led by its co-founders Tomi Poutanen and Mara Lederman as its CEO and COO respectively. In April 2022, Signal 1 AI Inc. raised CAD 12.7 million in seed funding led by new investor Inovia Capital, with participation from other new investors Radical Ventures and TD Bank Financial Group.

The company provides hospitals with services like intelligent staffing, discharge planning, and AI (artificial intelligence) decision support systems that foresee changes in patient conditions to help predict clinical deterioration. The firm’s products include cloud-based platforms, clinical AI applications, silent testing, model building and validation, impact assessment, and real-time monitoring.

The company intends to use the April 2022 funds to accelerate its research and development for its cloud-based platform, initial AI applications, and model monitoring capabilities, as well as support its deployment team with healthcare industry experience.

## Funding rounds

- Seed, Apr 25, 2022, $10M — Inovia Capital, TD Bank Financial Group, Radical Ventures

## Investors

- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Seed
- TD Bank Financial Group — Seed
- Radical Ventures (https://capitalatlas.ai/funds/radical-ventures) — Seed