The Transamerica and Scor-backed patient monitoring system developer has announced it has secured $25m in its seed round.

US-based patient monitoring technology developer 100Plus, which counts insurance providers Scor and Transamerica as investors, disclosed $25m in seed funding from angel investors including Henry Kravis and George Roberts yesterday.

Formerly known as iBeat before rebranding in late 2019, 100Plus has built a remote patient monitoring system that makes use of artificial intelligence to inform care decisions by physicians.

Scor and Transamerica provided $2.5m for the company through subsidiaries Scor Life & Health Ventures and Transamerica Ventures in 2018

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