Ascension Health Ventures, recently led a Series E financing
in BodyMedia, Inc., a world leader in the design and development
of wearable body monitoring products and services. The financing
also included existing investors Draper Fisher Jurvetson ePlanet
and Draper Triangle Ventures.
BodyMedia’s innovative products and technologies provide
accurate, objective, and actionable data about the health
and behaviors of people in a free living setting. Data is
gathered via the BodyMedia SenseWear monitors and transmitted
to the company via personal computer or a proprietary wireless
hub. The company’s software distills low level high
rate vital signs, like galvanic skin response, motion, near
body temperature and heat flux, into high level statements
about the state and activity of the human body. BodyMedia
derives important health and lifestyle information from underlying
physiological signals such as sleep, caloric expenditure and
core body temperature, making it accessible to clinicians,
health care providers, and consumers.
The technology has proven and innovative applications in
weight management, fitness, home care, disease management
and as a research tool. BodyMedia works with partners to customize
new products to address known market needs, or extend an existing
product or service.
“BodyMedia represents a proven technology that has the
potential to be expanded into traditional care settings."
said Taras Silecky, Investment Manager at AHV. “It’s
free living monitoring approach fits with almost any lifestyle
and offers a valuable tool to help improve the overall health
and well being of the population.”
“We are proud to have Ascension Health and AHV join
our team” said Astro Teller, Co-Founder and CEO of BodyMedia.
“BodyMedia straddles the worlds of medicine and wellness
and our new relationship with Ascension Health and AHV both
validates the parts of the market we have chosen to address
and gives us new opportunities to learn and expand our products
into more traditional healthcare environments.”