Vector raises $12.5 million in series a funding to accelerate the adoption of digital health and remote care in cardiology

Vector has raised $12.5M to advance cardiac care.

Editor's Note: This article originally appeared on Vector's website.

Bend, OR – April 26, 2021 – Vector Remote Care, a pioneering cardiac digital health provider, today announced it has closed a $12.5 million Series A investment led by Updata Partners. The funding will be used to accelerate product, engineering, and patient engagement to support the rapidly growing demand for the company’s remote cardiac monitoring solutions.

More than 10 million people have implanted cardiac devices today. At the height of the COVID-19 pandemic, when healthcare organizations were shut down, remote cardiac monitoring technology quickly became an essential tool for keeping cardiac patients safe. Vector’s cardiac digital health solution makes it simple for care teams to accurately capture, manage, analyze and act on the growing volume of remote data generated from cardiac devices. The company combines patient-centered intelligent technology with expert human insight to improve cardiac patient outcomes, reduce cost and improve clinic efficiency. 

"The COVID-19 pandemic accelerated the use of digital health technology. While health care providers worked to adapt and create solutions to address the urgent need for remote cardiac monitoring, Vector quickly established itself as a leader in this space with its unique, already proven patient centered approach to solving this problem,” said Jon Seeber, General Partner at Updata Partners. “We are honored to be part of Vector’s journey at a time when their solutions and support literally have become a lifeline to patients unable or unwilling to visit their doctor in-person.” Read more here>> 

 

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