Devices & Diagnostics

Electronic monitoring company Healthsense raising additional capital

Healthsense makes innovative medical devices focused on wireless monitoring of senior citizens and helping their caregivers. The company markets an “eNeighbor” system that uses wireless technology to monitor senior citizens in real time. Home healthcare and the aging Baby Boomer population are two high-growth areas in healthcare.

Healthsense, a Minnesota company using technology to monitor the health and wellness of senior citizens, is raising another $1.2 million, according to regulatory filings.

The company markets an “eNeighbor” system that uses wireless technology to monitor senior citizens in real time. It includes motion detectors that can detect when someone’s left a bed or flushed a toilet, or call buttons to check in on a regular basis or contact a nurse.

The primary customers are senior living facilities. But the products could help home care become an alternative to a broader number of seniors — such as those with dementia — who would otherwise need nursing-home care.

The company has been expanding since late last year, when it raised about $7 million through an investment with Radius Ventures. It is using that money for new sales efforts as well as to push into new markets.

Since the Radius investment, the company has added new board members and won some high-profile industry plaudits, such as when it was named a “Game Changer” at the recent Consumer Electronic Show’s Digital Health Summit.