Mendota Heights Venture Healthsense Closes On $2.5m Funding Round

Mendota Heights-based Healthsense has closed on a $2.5m round of debt financing according to this SEC disclsoure.

Formed in 2003, Healthsense provides technology-enabled care solutions for the entire senior care continuum. By offering a full range of remote monitoring, emergency response, and wellness management solutions — they help senior care providers reduce costs, increase independence, and enhance caregiver and senior experiences.

As of December, the product was in use by some 23,000 people across 33 states.

Cofounder Brian Bischoff passed the baton to industry vet A.R. Weiler in 2012, who turned around and bought sensor/software maker WellAware the following year. The company has been fundraising off and on over the years, most recently securing a $10m late stage investment, putting their estimated overall capitalization north of $25m.


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Small business success story: Healthsense

Healthsense acquires sensor and software maker WellAware