OneStep, which offers a smartphone-enabled motion analysis tool, announced it has secured $36 million in funding.
Team8 and Vintage Investment Partners coled the funding round, with participation from existing investors Aleph, 10D and LionBird.
WHAT IT DOES
The New York-based company offers AI-enabled motion-analysis technology that utilizes smartphone sensors to analyze one’s gait. The offering tracks real-life movements for providers to gain clinical insights into one’s mobility.
“With this additional funding, OneStep will scale our AI-driven platform to unlock even more clinical applications for motion analysis. Over the past five years, we’ve turned gait – the ‘sixth vital sign’ – into a window into overall health, offering real-time, actionable insights across diverse settings like rehabilitation, senior care and even cancer treatment. This funding allows us to expand into new healthcare areas, enhancing proactive care and improving patient outcomes at a larger scale,” Tomer Shussman, cofounder and CEO of OneStep, told MobiHealthNews in an email.
MARKET SNAPSHOT
Cherish Health is another company working in the home monitoring space that does not use wearable technology.
Cherish utilizes radar technology to track individuals in their homes for preventative healthcare. The company’s intelligent radar-based sensor platform uses spatial computing to detect emergencies and risks to wellbeing.
