Dozee, a company that offers AI-based early warning systems and contactless remote patient monitoring, has raised $6 million in its Series A2 funding round, with participation from new and existing investors, including State Bank of India, J&A Partners Family Office, and Dinesh Mody Ventures.
Dozee, headquartered in Bengaluru, plans to use the newly raised funds to expand its presence in the Indian market, explore global markets, and invest in research and development, as per reported by BW Disrupt.
Dozee is currently operating in more than 380 hospitals across 50 districts in India. The company has recently collaborated with British International Investment to deploy its technology in around 6,000 hospital beds across 140 public hospitals in India and other locations.
Dozee’s technology enables healthcare providers to remotely monitor patients’ vital signs and track trends through its AI-powered early warning system, enabling timely medical intervention. The technology works by embedding sensors beneath the mattress to detect minute vibrations caused by every heartbeat, respiration cycle, tremor, seizure, and posture shift, without requiring any physical contact.
Dozee is a patient monitoring technology firm co-founded in 2015 by Mudit Dandwate and Gaurav Parchani, both graduates of IIT. The company claims to save more than 2.5 hours of nursing time per patient per day.
With a mission to develop and deploy intelligent technologies, solutions, and networks to provide a continuum of care, early warning systems, and responses to save lives, Dozee is India’s first AI-based contactless Remote Patient Monitoring (RPM) & Early Warning System (EWS) for continuous patient monitoring.