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QMedic

Simple, smart medical alert service to support care at home

Last Funded September 2016

$100,000

raised from 139 investors
Named one of the "best entrepreneurial companies in America" by Entrepreneur Magazine
Last updated December 2018

Highlights

1
70% of ER visits are avoidable.
2
6 to 1 cost savings for health plans using QMedic.
3
$4.6 Million in non-dilutive funding from the NIH.
4
100 BETA units sold out in 2015.
5
1,000 subscriptions prepaid for next version of the service.
6
70% margin/month.
7
2 multi-year regional Medicaid contracts; contracting with 3 private Medicaid health plans.
8
Wearable button with embedded sensing has over 2 years of battery life; no battery recharge required.

Our Team


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Overview