Laarne, BELGIUM — Watcherr is pleased to announce that it has raised additional funding bringing the total amount invested in the company to €1.73M and a company value of €14.5M.
The funds raised will help to accelerate the go-to-market of the company’s primary product, Watcherr (www.watcherr.com) – an advanced health tech distress system. A number of clients are already making use of the system with several installations contractually secured, and the demand for such a system is growing quickly in the market.
Nikolai Stevens, Founder and CEO of Watcherr, said: “We are honoured and proud to have significant interest from residences specialized in elderly care and hospitals, so much so, that a few key players specialized in elderly care homes, have invested in the business itself.” We hereby thank our investors: Frederick Pouders (Aldea), Joost Ham (CuraCare), Paul Stevens & Martine de Wannemaeker (Bellevue-Gavere).
Watcherr is a proactive monitoring and distress system providing indoor / outdoor location tracking, heart rate and wrist movement monitoring, fall detection and more. The system makes use of the latest health technologies in artificial intelligence and deep machine learning. Watcherr also provides information on daily activities such as sleeping, eating, walking, and social interaction. Such data in turn provides valuable insights on deviations in behavioural or physiological patterns such as augmented fall risk. The Watcherr advanced health tech distress system has been developed through a joint collaboration between medical specialists who have provided their input based on empirical data and medical experience.
Watcherr also specializes in alerting healthcare providers by preempting a potential health risk or fall before it happens to the patient or resident. Thus, instead of reacting to a fall, you are able to prevent it.
Watcherr currently seeks medical certification and is working to obtain it with the assistance of several doctors and medical specialists.
For more information on Watcherr, please visit www.watcherr.com.
Watcherr – Predict & Prevent
Watcherr is a company dedicated to connecting different healthcare providers globally through certified health technologies and software.