Mid-America Angels invests $287K in medical firm Voxello

February 20, 2017  |  Meghan LeVota

The Kansas City-based Mid-America Angels investment group announced that it’s backing an Iowa-based medical device company.

The regional network of angel investors announced Monday that it invested $287,000 into Voxello. The company created the “noddle,” which allows hospitalized patients to communicate nonverbally. The device detects voluntary gestures — such as a tongue click, eye blink or another small movement — and gives patients the ability to contact a nurse.

Rick Vaughn, managing director of Mid-America Angels, said that the tech will help patients around the nation.

“Effective communication between patient and provider is critical to the delivery of safe, high-quality health care,” Vaughn said in a release. “Voxello is leading the way in assisting severely impaired patients to express their needs and wishes to caregivers. Mid-America Angels is excited to be coming aboard as an engaged partner.”

Voxello announced Monday that the U.S. Food and Drug Administration cleared the noddle to be safe and effective.

“Today 3.9 million hospitalized patients each year are unable to communicate through traditional means, which results in an estimated three billion dollars in preventable adverse events each year,” Voxello CEO Rives Bird said in a release. “At Voxello, our mission is to provide an effective and universal means to overcome communication barriers faced by hospitalized and long-term care patients. … “Voxello is very pleased to have Mid-America Angels as a partner. They offer more than just financing with their broad experience of entrepreneurial companies in the Midwest region. ”

The Mid-America Angels have already invested over $400,000 into regional second-stage companies this year. The organization celebrated 2016 as a record-breaking year in which it injected $3.6 million into 15 startups.

Tagged ,
Featured Business
    Featured Founder
      [adinserter block="4"]

      2017 Startups to Watch

        stats here

        Related Posts on Startland News

        Kittrell: 5 frustrations for non-technical founders

        By Tommy Felts | July 21, 2015

        You’ve got a great idea for an app — the kind that keeps you up at night. But you’ve never worked on a software project before and have no idea what you’re in for. Sound familiar? Here’s a list of common frustrations I see from my non-technical clients. 1. Scope creep No, it’s not a…

        Gallery: Lean Lab fellows set to disrupt KC education

        By Tommy Felts | July 20, 2015

        Already improving education for about 2,400 area students, the Lean Lab recently set loose another group of innovators hoping to transform Kansas City education. The Kansas City-based education innovation incubator on Friday held its Launch Day, the culminating event of its incubator fellowship. The incubator conducted a five-week ideation program that assisted 10 fellows building…

        Applications open for Missouri tech funding

        By Tommy Felts | July 20, 2015

        Ready your typing fingers, entrepreneurs. The Missouri Technology Corporation recently opened applications for its IDEA Fund, a program that will match other capital investments in high-growth tech companies. The MTC, a public-private organization that makes investments in Missouri tech companies, is currently accepting applications for four of its IDEA programs, three of which are tailored…

        DataLocker acquisition to boost encryption offerings

        By Tommy Felts | July 16, 2015

        Overland Park-based data security firm DataLocker recently acquired a Swedish tech firm that will expand its encryption technologies. DataLocker on Tuesday announced the acquisition of BlockMaster, a USB security tech company, for an undisclosed amount. The deal will augment DataLocker’s encryption management platform that allows its clients to track the use and location of sensitive…