Staff: 20Patientmpower, a Dublin-based healthtech business, plans to raise €4 million in funding next year following its expansion into the Benelux market.
“Take a cystic fibrosis patient. There’s an app that connects to devices they use and it sends the user reminders to do the appropriate measurements at home. Then it gives them surveys that are clinically significant,” Costello said, “One of our biggest customers is NYU Langone, which is based in the US but has customers all over America. It enables them to be more efficient at seeing patients and frees up the patients from having to go to the hospital routinely just to be told they are ok,” he said.“Some start-ups have a Eureka moment, ours didn’t. It’s just an evolution. What we are doing now is very different to what we thought we were going to do in 2015.
“We’re trying to break into the pharma and medtech sector. It’s a lesser part of our business right now but we are looking to grow there as a route to market. The pandemic saw significant growth for what we do as there’s more acceptance of digital care at home now,” Costello said.
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