With affordable healthcare as aim, Stasis Labs raises USD 5 million Stasis is preparing to deploy its device across India as well as other countries.
Stasis labs are known all over the world for the affordable hospitality without compromising with the kind of treatment and health of the patient. With affordable healthcare as aim, Stasis Labs raises USD 5 million Stasis is preparing to deploy its device across India as well as other countries.
To do that the start-up has raised a seed funding round of $5 million led by RTP-Healthcare Ventures. Wonder Ventures, Techstars Ventures, and others participated in the round. The Stasis device would cost a hospital less than Rs 300 ($4.4) per day to monitor a patient.
Currently it lives in a few hospitals in Bengaluru, including the prestigious Narayana Health hospital chain.
Recently recovered, a patient spoke about her experience in Stasis Labs.
The patient said, "In the last couple of years, I had the misfortune of spending more than a month at a stretch twice in hospitals.
The recent one was a freak bike accident that left a lung punctured, knee ligaments torn, and ribs bruised. But the earlier one was much scarier: a nasty strain of dengue that had me partially blind all of a sudden.
I got the best treatment money could buy in Mangalore and recovered to tell this tale. But a very small percentage of Indians are as fortunate as I was to afford good healthcare."
The Stasis Monitor sits at the bedside of the patient and monitors six different vital signs – heart rate, blood oxygen, 3-lead ECG, respiratory rate, blood pressure, and body temperature.
Michael Maylahn, co-founder and COO, Stasis Labs said, "Instead of the numbers and waveforms that stress out patients and family members because they don’t understand them, we show icons and colours to represent the status (green = good, yellow = warning)."