A healthcare company that makes software to predict cardiac arrest and is led by a local doctor has secured $1.7 million in seed funding.
The founders behind four-year-old Transformative are all passionate about the intersection of healthcare and machine learning, and that passion sparked the idea to create a sudden cardiac arrest prediction algorithm, cofounder and CEO Dr. Josh Oppenheimer told Technical.ly, by analyzing data from standard patient monitoring devices in hospitals.
This funding round for Transformative was led by Tera Ventures with participation from Wellcome Trust and InHealth Ventures. The company has an eight-person remote team and operates in the U.S., United Kingdom and Estonia. With this fresh funding, Transformative has raised $2.4 million to date.
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