Advanced ICU Care

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Advanced ICU Care - overview

Established

2004

Location

St. Louis, MO, US

Primary Industry

Healthcare IT

About

Advanced ICU Care delivers cutting-edge telemedicine solutions focusing on acute virtual care services, enhancing patient outcomes through innovative technology and efficient healthcare delivery. Advanced ICU Care provides virtual care services designed for critical care environments. Founded in 2004, the company is headquartered in St. Louis, US.


The firm has completed a total of 5 deals, with its most recent deal occurring on July 29, 2015. Advanced ICU Care raised USD 7. 32 mn during its Series E funding round, marking the total amount raised to USD 7. 32 mn.


The company’s CEO is Lou Silverman, and it was founded by Isabelle Kopec. Hicuity Health specializes in advanced telemedicine solutions, primarily focusing on acute virtual care services, including provider-to-provider virtual care, customizable virtual nursing, tele-ICU services, and smart device monitoring. These offerings address clinical and operational challenges faced by healthcare facilities, enabling improved patient care and optimized staffing efficiency. The company serves a diverse clientele of hospitals and healthcare systems throughout the United States, facilitating remote monitoring and collaboration among healthcare professionals.


Hicuity Health operates on a business-to-business (B2B) transaction model, providing telemedicine solutions through subscription-based partnerships with healthcare facilities. Revenue is generated as clients engage in contracts for access to Hicuity's proprietary technologies and services, including the HUB platform and tele-ICU capabilities. Customizable pricing plans align with each client's operational and clinical needs, with key products such as virtual nursing and smart monitoring devices significantly contributing to revenue. In July 2015, Advanced ICU Care raised USD 7.


3 mn in Series E financing to support its growth initiatives. The company plans to introduce new products aimed at enhancing its telemedicine offerings, with a focus on expansion into additional healthcare markets across the United States. These initiatives are designed to leverage recent funding to enhance service delivery and facilitate the development of innovative solutions for acute care settings.


Current Investors

Versant Ventures, Arboretum Ventures, Catalyst Capital Management

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT

Website

www.icumedicine.com

Company Stage

Series E

Total Amount Raised

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