PAI Health raises $9 mln round to expand into insurtech
PAI Health, a Vancouver-based health software provider, has secured $9 million in its latest financing. The investors were not disclosed. PAI Health, formerly known as Mio Global, raised $20 million two years ago in a Series B round led by Hydra Ventures. Founded in 2000, PAI Health, known for its heart rate monitor wearable technology, develops personalized health engagement solutions to help users assess, monitor and increase their physical activity. The company, led by CEO Peter Taylor, will use the funds raised to expand into the insurtech sector, creating risk and cost management solutions for insurance providers.
27 September 2018•3 mins read
