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

        Sprint Accelerator Demo Day preview (part I)

        By Tommy Felts | June 1, 2015

        The second class of the Sprint Mobile Health Accelerator is gearing up for its much-anticipated Demo Day, which serves as a culminating event and is expected to draw a crowd of nearly 2,000 people. Led by Boulder-based Techstars, the Kansas City-based accelerator is now hosting 10 mobile health tech startups from around the world for…

        Mayor Sly James helps startup 1 Minute Candidate build, win competition

        By Tommy Felts | June 1, 2015

        Kansas City Mayor Sly James stepped up this Sunday to help a team of entrepreneurs win a competition in which they built a business in 54 hours. James, a well-known cheerleader of Kansas City’s startup community, helped political-tech startup 1 Minute Candidate launch its platform at Startup Weekend Kansas City, a event in which entrepreneurial-hopefuls…

        Local weight lifting tech firm Rack Performance lands $250K

        By Tommy Felts | May 29, 2015

        A Lenexa-based tech company is racking up investment capital to further develop its weight room management software. Rack Performance recently raised $250,000 from local, private investors that will help the company advance the second version of its software. Rack Performance built a web-based, weight room and group fitness platform to help coaches and trainers efficiently…

        FitBark wags its way into nationwide retailer

        By Tommy Felts | May 29, 2015

          Animal tech company FitBark is now selling its dog activity-tracking device in Target stores nationwide. The deal will place its product in front of millions of consumers each year at Target’s nearly 1,800 U.S. locations. FitBark’s animal tracking device will be featured among Target’s new “Connected-Life” section, which features other Internet-enabled products such as wireless…