Rinicare
Industry Sector
Digital Healthcare Technology
Deal Type
Early Growth
Date
2018
Rinicare is an intelligent medical device and software company developing and commercialising three products – (1) SAFE for the prevention of falls in hospitals and nursing homes, (2) PRIME IoT for remote monitoring of vital signs and transmission of data in real time and (3) STABILITY which uses algorithms to predict potential decline in a patient's status and allow for earlier intervention. The funding is to expand the development team, scale commercial operations and further develop the clinical evidence for their products. Mercia has co-invested in this round.