Strados Labs, Growing Medtech Company, Raises $4.5M in Pre-series A Funding Round

Strados Labs, a medical technology company harnessing the power of smart sensors, machine learning and proprietary algorithms to provide early detection and predictions of worsening respiratory diseases, today announced its pre-series A round of funding at $4.5M. Investors in the round included SOSV, cultivate(MD), Wavemaker360 Health, Blu Venture Investors and Broad Street Angels.

The new funding comes on the heels of major commercial milestones including FDA Class II 510(k) clearance and CE Mark for its flagship product, RESPä, key contracts with major pharmaceutical partners for use in decentralized trials, the submission of four significant abstracts to the American Thoracic Society, and the appointment of Steve Bishop, former P&G Healthcare CEO, to the Strados Labs Board of Directors.