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Sensely Secures $8 Million

Major Money Raised for Low IncomeSensely, a virtual medical assistant application for patient engagement and chronic disease monitoring, announced Tuesday the completion of an $8 million Series B financing led by Chengwei Capital with participation from Bioveda Ventures, Fenox Venture Capital, Mayo Clinic, and Stanford StartX.

“This funding will accelerate Sensely’s mission to provide efficient and affordable care to people around the world utilizing artificial intelligence and machine learning tools,” said Sensely’s founder and CEO Adam Odessky. “Supporting over 20 conditions and protocols, our healthcare solutions have achieved remarkable results regarding patient compliance, reduction of readmissions, and lowering of costs. The capital raised will allow us to serve our clinicians and patients much better as well as expand our presence in the US, UK, and international markets.”

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