Clever AED firm snags $22M Sequence A to handle out-of-hospital cardiac arrest

San Francisco-based Avive introduced Monday that’s has raised $22 million in a Sequence A funding spherical to develop its clever AED (automated exterior defibrillator) expertise and related platform in hopes of reducing deaths as a consequence of out-of-hospital cardiac arrest (OHCA). Catalyst Well being Ventures and Questa Capital co-led the spherical together with repeat investor Laerdal Million Lives Fund.

Avive’s AED system {couples} with a data-driven software program platform for emergency response. The purpose is to get somebody experiencing sudden cardiac arrest AED assist whereas ready for emergency medical providers (EMS) to reach.

Throughout cardiac arrest, each minute counts as a result of for each minute an individual doesn’t obtain AED shock or CPR, the possibility of survival decreases by 7-10%, in response to the corporate. Avive hopes its Doordash-style AED supply will arrive sooner than the present EMS response time of 8-12 minutes, in response to the information launch, and knock minutes off the clock an individual waits earlier than receiving assist.

Right here’s the way it can work:

  •  Somebody falls unconscious, so an individual calls 911
  • The 911 dispatcher locates an Avive AED close by the particular person utilizing the interactive map — consider the Uber automotive driver close to me characteristic — given the AED units are positioned strategically all through a metropolis, together with in houses and in folks’s purses, automobiles, luggage and so forth
  • The 911 dispatcher makes use of voice instructions by the Avive AED system to contact a bystander close to the closest AED
  • The 911 dispatcher coaches that particular person to convey the AED system to the particular person in want. The 911 dispatcher then coaches the bystander to make use of the Avive AED on the particular person till EMS arrives.

Avive claims all this happens inside 4 minutes and is asking their pilot program the 4Minute Metropolis. See a demo right here.

Avive Join AED empowers speedy bystander intervention.

“Out-of-hospital cardiac arrest is among the main causes of demise within the U.S, taking the lives of greater than 350,000 folks yearly. Fast intervention with CPR and a shock from an AED are confirmed methods to save lots of extra lives. But, fast entry to AEDs and the information to make use of them nonetheless stay a problem,” stated Darshana Zaveri of Catalyst Well being Ventures in a press release.

Avive sees itself as an enchancment on the present AEDs all through a metropolis because it gives an interactive model that not solely locates the closest AED, however coaches a bystander to ship it to the particular person in want and deploy the possibly life-saving system. Specifically, Avive believes it’s making efforts to succeed in decrease socioeconomic communities and people with traditionally poorer outcomes as a consequence of race, age, or different components.

“We envision a world the place surviving a cardiac arrest emergency isn’t a one in 10 odds,” stated Sameer Jafri, co-founder and CEO of Avive, in a press release. “Know-how can enhance the chances, particularly whether it is deployed in a considerate and data-driven method. We need to convey reasonably priced, clever AEDs to the locations they’re wanted most and empower these communities with the instruments to carry out life-saving measures even earlier than first responders arrive. With this funding, our purpose isn’t solely inside attain, it’s taking form to create a brand new paradigm the place demise doesn’t should be the expectation.”

The corporate is already piloting its clever AED units in choose cities, together with Metropolis of Jackson, Tennessee, and Cumberland County, Pennsylvania.

The system is awaiting U.S. Meals and Drug Administration (FDA) approval.

Picture: Avive

 

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