Update: Sense.ly is now Sensely.
Sense.ly – an AI driven avatar based healthcare service (where a virtual nurse provides customized monitoring and follow-up care, with a strong focus on chronic diseases) has closed $8M of Series B funding round for expanding its services to all types of clinics and patients. Sense.ly is a proud portfolio startup of Zillionize. Previously, It raised $2.2M in Series A round in June 2015 and with latest Series B round, its total equity funding is $11.78M now. We wish Sense.ly for a successful future ahead.
Investors in Sense.ly’s Series B round included the Mayo Clinic, Chengwei Capital which led the round, Bioved Ventures, Fenox Venture Capital and the Stanford StartX fund. Chengwei Capital Managing Director Richard Gu tells TechCrunch that his firm only invests in startups that have a “China play,” meaning their apps could serve massive markets there, or their technology could be manufactured in China.
The investor said, “We may help them find key partners in this region to expand here. But we want to see them use the funding to invest in core research and development.” Gu said he believes that Sense.ly’s technology has the potential to help people live longer, better lives and stay independent at home for longer than they might today. Odessky said given the medical talent shortage plaguing the US and other markets, Sense.ly also has the potential to make quality healthcare more affordable and available.
Please read full story at TechCrunch.