Prevounce Health, an Indianapolis, Indiana-based provider of remote care management software, devices, and services, has raised $2.5 million in new Series A funding, bringing its total Series A funding to $7 million.
The round was led by Cloud Hill Partners and Michael Hammond, the former co-founder of Hammond Hanlon Camp LLC and H2C Securities, with participation from returning investors.
Prevounce Health Use of Funds
The funding will be used to advance its product and service offerings and scale its team to meet growing market demand.
About Prevounce Health
Founded in 2018, Prevounce offers a cloud-based remote care management platform, proprietary cellularly connected patient devices, and expert-managed services for remote patient monitoring, chronic care management, and wellness programs. Prevounce provides resources and support that are custom-tailored to client's needs, allowing them to focus on providing good care to patients while reducing time spent on tedious paperwork. Prevounce now has more than 450 healthcare organizations using its products to manage over 26,000 patients across the country with a variety of conditions, including hypertension, heart failure, diabetes, COPD, and preeclampsia.
Company: Prevounce Health, LLC
Round: Series A
Funding Month: October 2023
Lead Investors: Cloud Hill Partners and Michael Hammond
Additional Investors: Co-founder of Hammond Hanlon Camp LLC and H2C Securities
Company Website: https://www.prevounce.com/
Software Category: Remote Care Management