Stasis Labs aims for affordable healthcare, raises $5 mn

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. It’s for those who don’t get close, personal attention that Stasis Labs wants to help with its cloud-connected vitals monitoring system.

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. “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),” explains Co-Founder and COO of Stasis Labs Michael Maylahn.

The Stasis Monitor is currently live in a few hospitals in Bengaluru, including the prestigious Narayana Health hospital chain.

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.

Source: Business Standard