Mindset Medical Closes Series A Funding

Mindset Medical, a Phoenix, AZ-based software as a medical device company, raised an undisclosed amount in Series A funding.

The round was led by Grayhawk Capital and Questa Capital with participation from AZ Venture Development Corporation, Amgen Ventures and Nova Prime.

The company intends to use the funds to further develop its proprietary non-contact physiological measurements application, Informed Vital Core, and, to conduct clinical studies to support the use of the software as a medical device.

Mindset Medical has developed a virtual health solution that combines virtual health visit with data that comes with traditional in-person care. Using secure and encrypted links delivered by SMS text messaging, the healthcare provider can collect up-to-the-minute patient data and remotely monitor patient outcomes and recovery. All communication and data collection are conducted via the patient’s smartphone or mobile device; no external hardware or specialized devices are required.