Remote cardiac monitoring startup Vector Remote Care raises $12.5M
Vector Remote Care, a digital health startup for care teams to remotely monitor patients with implanted cardiac devices, closed a $12.5 million Series A funding round led by Updata Partners.
Based in Bend, Ore., Vector Remote Care will use the funds to double its headcount with a focus on product and engineering. The startup’s services have seen increased demand during the COVID-19 pandemic amid a larger adoption of telemedicine.
The company’s solution includes a remote data management tool, software for device reporting, medical billing, and more. Kevin Hoffman founded Vector Remote Care in 2017 and is CEO. The startup’s focus drew on his family’s personal experience with cardiac arrest and his mother’s defibrillator malfunctioning.