Bengaluru: Health Monitoring startup, Stasis Labs, raises $5 million in seed funding led by RTP-HC, the healthcare-focused investment arm of RTP Ventures, along with Techstars Ventures, TenOne Ten Ventures and Wonder Ventures. This fresh funding will boost company’s Med Tech, and post this funding, Milena Adamian, Founder & MD, LSAN & Azimuth Ventures, RTP-HC will join Stasis Lab’s Board of Directors.
"Stasis has great potential, with clear and distinct value proposition for the world's biggest healthcare system, the US, and for the fastest growing healthcare economies, such as India and Southeast Asia,” says Milena.
Founded in 2015 by Dinesh Seemakurty and Michael as a cloud-powered health monitoring company, Stasis Labs is currently headquarters in Los Angeles, California. The company’s cloud-connected vitals monitoring system enables access of fundamental medical tool for patients around the world. Stasis was recently supported and endorsed by the International Finance Corporation, part of the World Bank Group, to improve and expand the reach of medical technology worldwide.
“Stasis will be using the funds to continue expanding throughout Indian hospitals and prepare to enter the US and other markets worldwide,” says Michael Maylahn Co-Founder, Stasis Labs.