RehabPulse, a technology marketplace for medical equipment, has secured $4.5 million in its latest funding round, the company announced today.
WISC Partners led the round, which included high net worth investors in the digital healthcare space. The company also announced it is the first online marketplace in the durable medical equipment (DME) sector to offer integrated online insurance claims processing.
“In RehabPulse we created a one-stop-shop for medical products and services and our insurance integration now presents an unprecedented opportunity to reduce the complexities involved with the insurance claim process and allow best access at the lowest price,” RehabPulse CEO Gaurav Mishra said in a statement.
According to a release, the company will use the funds to further build its team, continue to innovate the artificial intelligence and deep tech that underpins its platform, further develop its insurance claims processing service and grow the company’s distribution model for medical products and services to improve the accessibility of DME at an affordable price.