Brainstem Biometrics

company

About

Brainstem Biometrics are launching a breakthrough sedation assessment system in the US hospital market to reduce ICU costs.

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$225K
Industries
Health Care,Medical Device
Founded date
Jan 1, 2012
Number Of Employee
1 - 10
Operating Status
Active

BrainStem Biometrics is on a mission to reduce risks and extend the lives of elderly critical care patients who many times leave the ICU in worse shape than when they arrived, in part to sedative mis-management. Their firm was established to address the global problem of over-sedation in critical care which costs health systems billions of dollars each year in unnecessary costs and inefficiencies. Furthermore, sub-optimal sedation has been shown to reduce the risks of 180-day mortality for ventilated critically ill patients and has been shown to prolong the duration of ventilation by an estimated 25-40% with associated costs and inefficiencies. They also expect that the mis-management of sedation results in significant increased reliance upon post-ICU healthcare and commensurate cost burdens.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1.17M
Brainstem Biometrics has raised a total of $1.17M in funding over 2 rounds. Their latest funding was raised on Apr 25, 2019 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 25, 2019 Grant $0.94M 1 National Science Foundation Detail
Dec 11, 2016 Grant $225K 1 National Science Foundation Detail

Investors

Number of Lead Investors
Number of Investors
2
1
Brainstem Biometrics is funded by 1 investors. National Science Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant