Monday, 27 September 2021

Dozee raises Rs 44 Cr in Series A funding

22 July 2021 | News

Set to transform critical care infrastructure across India

Image Credit: Shutterstock

Image Credit: Shutterstock

Bengaluru-based startup Dozee, which is in Contactless Remote Patient Monitoring (RPM) solutions, has raised Rs 44 crore in Series A funding.

The funding was led by existing investor Prime Venture Partners, with participation from YourNest Venture Capital and 3one4 Capital.

The startup will use the fresh capital in R&D to launch new products and enhance its platform capabilities. It will also use the funds to increase its presence in HDU ward monitoring, home monitoring, and to deliver a cloud-enabled continuum of care.

Dozee has set a goal of partnering with over 1,000 hospitals across India to help them upgrade critical care infrastructure through remote patient monitoring. It plans to install its platform in more than 50,000 step-down ICUs and set up 24x7 Central Monitoring Cells in these hospitals, enabling them to quickly augment the critical HDUs and ICUs and save more than 1 million nursing hours per month.

Dozee is witnessing an increased adoption of its Remote Patient Monitoring solution with over 216 hospitals across India partnering with the startup in the last six months. It has deployed its platform in over 5,000 beds in hospitals to monitor patients continuously and to help them enhance patient care and clinical outcomes.

Including the current funding round, the startup has raised over Rs 63 crore and has over 150 employees in Bengaluru, Hyderabad, Mumbai, Kolkata.

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