Ray Iot Solutions, Inc is a tech company pioneering innovative ways to monitor health and well-being, particularly focusing on breathing rate. Powered by AI, the company's solutions enable non-invasive remote health monitoring in the user's natural environment, with an impressive 98% accuracy in predictive health condition analysis validated through 500 hours of clinical evaluation. Their debut product, raybaby, received acclaim as a baby monitor doubling as a breathing tracker, earning recognition from Wired and CNN and winning innovation awards at CES and JPMA in 2018. Amid the pandemic, the company successfully deployed its technology for healthcare, conducting tests in clinical settings and neonatal ICUs, alongside non-clinical trials. Their latest products, AL and Ruah, leverage existing Wi-Fi signals, removing the need for additional hardware. AL is a sophisticated software patch that extracts breathing data from smart devices, while Ruah is a mobile app supporting well-being through breath monitoring and training. The company, founded in 2015 and based in the United States, recently secured a $400.00KSeed Round investment on 01 October 2023.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | $400.00K | - | 01 Oct 2023 | |
Seed Round | $750.00K | 2 | 02 Nov 2021 | |
Seed Round | $1.30M | 3 | 25 Mar 2018 | |
Seed Round | Unknown | 1 | Govin Capital Pte Ltd | 15 Mar 2018 |
Seed Round | Unknown | 1 | Hinduja Group | 11 Aug 2017 |
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