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Rinicare

Industry Sector

Digital Healthcare Technology

Deal Type

Early Growth

Date

2018 - 2026

Rinicare was 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 used algorithms to predict potential decline in a patient's status and allow for earlier intervention. The funding was used to expand the development team, scale commercial operations and further develop the clinical evidence for their products. Mercia also co-invested in this round.