OSF Ventures, the venture capital arm of Peoria, Ill.-based OSF HealthCare, and UnityPoint Ventures, the venture arm of West Des Moines, Iowa-based UnityPoint Health, participated in a $15.1 million series A financing round for Cardiosense, a digital health company working to detect heart disease earlier.
Next year, the company will pursue regulatory clearance for its wearable device, CardioTag. The company's first application using artificial intelligence to improve the management of congestive heart failure, according to a Dec. 8 Cardiosense news release.
The financing round was co-led by Broadview Ventures and Hatteras Venture Partners. Cardiosense plans to use the financing to expand its team, accelerate product development and fund a heart failure study.