OSF Ventures, UnityPoint Ventures back $15M financing round for AI-powered heart health platform

OSF Ventures, the venture capital arm of Peoria, Ill.-based OSF HealthCare, and UnityPoint Ventures, the venture arm of West Des Moines, Iowa-based UnityPoint Health, participated in a $15.1 million series A financing round for Cardiosense, a digital health company working to detect heart disease earlier.

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Next year, the company will pursue regulatory clearance for its wearable device, CardioTag. The company’s first application using artificial intelligence to improve the management of congestive heart failure, according to a Dec. 8 Cardiosense news release.

The financing round was co-led by Broadview Ventures and Hatteras Venture Partners. Cardiosense plans to use the financing to expand its team, accelerate product development and fund a heart failure study.

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