University hospitals in the US trial home-use wearable technology to track pregnancies.
Babyscripts, a US-based medical technology company that has an ongoing trial of its technology at George Washington University, is closing in on a $1m seed round.
Investors in the round include US-based private equity firm Kensington Capital and US-based finance company 1776 Ventures. Kensington also invested in the company’s $1.1m seed round which began in February 2013 and ended in December the same year. The company was previously known as 1EQ.
The company’s technology uses wearable technology that connects to a smartphone to monitor blood pressure and weight. These two factors, when measured overtime looking for trends, can be used to indicate if further medical attention is needed.
The technology is currently in use in four hospitals: George Washington University Hospital, Duke University Hospital, Sibley Memorial Hospital and a regional MedStar Health partnership.
