pulseData, a New York City-based healthcare data science company, focused on predictive algorithms for Chronic Kidney Disease and other chronic diseases, has announced $16.5 million in Series A funding led by Bain Capital Private Equity and Two Bear Capital, with participation from Alumni Ventures Group and existing investors.
Hai Po Sun, Co-Founder and CTO said, “I started pulseData with a team of domain experts in engineering, product design, and healthcare data because renal disease has had an immense impact on my family. After watching an uncle die from kidney failure and then witnessing my mother undergo years of dialysis, I wanted to harness my Quantitative Modeling and Predictive Analytics expertise from Wall Street and apply it towards Kidney and Chronic Care.”
“pulseData has built the best data intelligence platform for predicting the progression of kidney disease,” said Danielle Wang, Senior Vice President at Bain Capital. “pulseData’s models equip local care teams to deliver the highest quality care to the most at-risk patient cohorts. We’re excited about the results pulseData has achieved. We look forward to partnering with Teddy, Hai Po and the rest of the management team to improve kidney care for patients.”
“The future of healthcare will depend on leveraging advanced technologies that keep patients healthier and costs lower. pulseData is focused on having exactly this impact on renal disease, a chronic condition that affects millions of patients and costs the healthcare system over $100 billion a year,” said Mike Goguen, Founder and Managing Partner of Two Bear Capital. “We’re excited to continue our partnership with such a brilliant and mission-driven team of entrepreneurs.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.