Dozee, India’s first contactless Remote Patient Monitoring (RPM) & AI-based Early Warning System (EWS), has raised $6 million as part of its Series A2 funding. Existing investors including Prime Venture Partners, 3one4 Capital, YourNest VC, have invested alongside new investors like State Bank of India, J&A Partners Family office, and Dinesh Mody Ventures. With this investment, Dozee plans to revolutionize the Indian healthcare infrastructure, upgrade 6,000 hospital beds in ~140 public hospitals across India and in other regions to transform the public healthcare landscape.
Dozee’s mission is to unburden the healthcare system and make quality healthcare accessible to all. The company’s innovative technology has won prestigious awards such as Marico Innovation Foundation Award, FICCI Gold Award for digital innovation in healthcare, Anjani Mashelkar Inclusive Innovation Award (AMIIA), and many others. With this fresh funding, Dozee plans to further its reach to every nook and corner of the country and begin the era of ‘Made in India’ products in the global market.
Leading with its vision of ‘Make in India, Made for the World’ – Dozee’s innovative technology aims to bridge the healthcare gaps in India and developing countries through its contactless Remote Patient Monitoring (RPM) and AI-based Early Warning System (EWS). The company’s Early Warning System (EWS) tracks the trends of vital parameters and provides alerts to healthcare providers for early detection of patients’ clinical deterioration, enabling timely medical intervention.
According to research done by independent consulting firm Sattva, for every ~100 Dozee connected beds, it can save ~144 lives and ~80% of the time taken for vitals by nurses and reduce ICU ALOS by ~1.3 days. This demonstrates the effectiveness of Dozee’s innovative technology in revolutionizing the Indian healthcare infrastructure. With this fresh funding, Dozee plans to further tap into the Indian market and continue its mission to make quality healthcare accessible to all, regardless of their location or socioeconomic status.