# Smart Monitor

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smart-monitor

- Industry: Healthcare
- Headquarters: San Jose, US
- Website: smart-monitor.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Jan 25, 2015)
- Investors on record: 1

## About

Smart Monitor provides innovative healthcare monitoring solutions, focusing on enhancing user independence through technology. Their flagship product, the Inspyre app, facilitates real-time activity and health tracking for caregivers and families.Smart Monitor, founded in 2009, is headquartered in San Jose, US. The company specializes in monitoring solutions tailored for the healthcare sector, including their flagship Inspyre app. The CEO, Anoo Nathan, has a background in developing tech solutions aimed at improving health. In January 2015, Smart Monitor raised USD 0.050 million in Seed funding from Prosper Capital, and this funding represents the total amount raised to date.Smart Monitor specializes in innovative monitoring solutions designed for the healthcare and wellness markets, focusing primarily on their flagship product, the Inspyre app. This application operates on both Apple Watches and Android smartwatches running WearOS, providing real-time tracking of activity levels, movements, wakefulness, and sleep patterns. Inspyre aims to enhance the independence of users, particularly those with physical, cognitive, and developmental challenges, by sending timely notifications and insights to caregivers and family members. The app is geared towards families, special education administrators, and support coordinators, thereby addressing the unique needs of various user demographics. Smart Monitor’s products are marketed primarily in the United States and Canada, providing vital support to families and educational institutions seeking to ensure safety and promote wellness for their dependents.Smart Monitor generates revenue through direct-to-consumer transactions, primarily focused on the subscription model for the Inspyre app. Clients, including families and special education organizations, typically subscribe to this service to access its various features, including movement tracking, heart rate monitoring, and geo-fencing capabilities. These subscriptions allow users to obtain meaningful health insights while providing peace of mind for caregivers. The company also fosters partnerships with educational institutions, which can facilitate bulk subscriptions for IEP administrators managing the needs of multiple students. The specific pricing structure for these subscriptions is established based on service tiers that offer differing levels of functionality and support, although exact pricing details were not disclosed.Smart Monitor plans to leverage the recent Seed funding of USD 0.050 million raised in January 2015 to enhance its product offerings and expand its market reach. The company is currently working on new features for the Inspyre app to be launched by the end of 2023, aimed at improving user engagement and support. Additionally, Smart Monitor is strategizing to enter new markets, specifically targeting expansion into Europe and Asia by 2024 to cater to a broader audience in need of healthcare monitoring solutions.

## Funding rounds

- Seed, Jan 25, 2015, $0.1M — Prosper Capital

## Investors

- Prosper Capital (https://capitalatlas.ai/funds/prosper-capital) — Seed