Hexoskin is thrilled to announce a significant milestone in our journey towards revolutionizing digital health, with a recent funding round that raised $20,000,000. This new capital injection marks a transformative step for our company, which has long been at the forefront of developing a state-of-the-art SaaS platform for digital biomarker development and AI-based diagnostics. Central to our innovative approach is the unique biometric shirt, a 100% washable smart garment that captures an array of critical body metrics, including heart rate, breathing rate, and activity levels. With our clinically validated Connected Health Platform, we provide an end-to-end system that not only enables advanced health data analytics but also streamlines clinical protocol management through the seamless integration of body-worn sensors.
The funding will be strategically deployed to accelerate both the enhancement of our core platform and the expansion of its capabilities. This includes further development of our open platform to support more extensive third-party integrations and interoperability, ensuring that our partners in healthcare, clinical research, sports, aerospace, defense, and emergency services have access to reliable, real-time data. Additionally, we plan to intensify our efforts in AI-driven diagnostic tools, ultimately aiming to reduce the need for frequent in-person medical consultations by facilitating remote communication among patients, caregivers, and researchers. With our iOS and Android apps, alongside smartwatch integrations, Hexoskin is perfectly positioned to empower users with the freedom to monitor their health effortlessly during daily activities. This funding milestone reinforces our commitment to advancing non-invasive, cost-effective solutions that transform how health monitoring is conducted worldwide.
