Sibel Health is a spinoff company of the John Rogers Research Group and the Querrey Simpson Institute for Bioelectronics at Evanston, Ill.-based Northwestern University. Sibel Health plans to use this new funding to scale up its Anne One wearable remote vital monitoring platform, according to the Aug. 4 Sibel Health news release.
The Steele Foundation for Hope led the fundraising round. This financing brings Sibel Health’s total money raised to $50 million.
“What makes us unique as a digital health company is that our product is vertically integrated — we believe that everything matters, from the adhesive we place on the skin to how the sensor fits on the body to the final alert a clinician sees for medical decision making,” said Steve Xu, MD, CEO and co-founder of Sibel Health. “We’re proud that our technology can be potentially deployed in both the neonatal intensive care unit and in the home for remote patient monitoring.”
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.