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Semler Announces Investment In Monarch Medical Technologies

PRIVATEDec 12, 2022

Round Type

Venture

CharlotteBiotechnologyHealth Care

Description

Semler Scientific, Inc. (Nasdaq: SMLR), a company that provides technology solutions to improve the clinical effectiveness and efficiency of healthcare providers, today announced an up to $5.0 million investment in privately-held Monarch Medical Technologies, LLC (Monarch) through the purchase of a senior secured convertible promissory note. Repayment of the note is secured by a first priority interest in all of Monarch's assets.

Quick answer

Monarch Medical Technologies raised an undisclosed amount in a funding round, dated December 12, 2022. Monarch Medical Technologies is based in Charlotte, North Carolina, United States.

How much did Monarch Medical Technologies raise?
Monarch Medical Technologies raised an undisclosed amount in a funding round on December 12, 2022.
What does Monarch Medical Technologies do?
Monarch Medical Technologies is a digital health company committed to helping hospitals and health systems deliver optimal glycemic management for critical care and non-critical care patients alike.
Where is Monarch Medical Technologies based and how big is it?
Monarch Medical Technologies is based in Charlotte, North Carolina, United States. Fundz records about 27 employees.
Who are the decision-makers at Monarch Medical Technologies?
Fundz holds 1 contact at Monarch Medical Technologies, including the President . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Health Care around the same time

Companies in the same sectors as Monarch Medical Technologies that raised within 45 days of this round, from Fundz verified event records.

  • HBM Alpha Therapeutics raised an undisclosed amount (Seed) on January 26, 2023.
  • ADARx Pharmaceuticals, Inc. raised $46M on January 26, 2023.
  • Streamex Corp. raised $234K (Seed) on January 25, 2023.
  • ForceField Protection raised $250K on January 24, 2023.
  • Apexigen raised $2.8M (Seed) on January 24, 2023.
  • AdipoPharma raised an undisclosed amount (Series A) on January 23, 2023.

Who to call at Monarch Medical Technologies, and when

A new round usually means Monarch Medical Technologies is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Monarch Medical Technologies raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Monarch Medical Technologies, from your own LinkedIn network

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Company Information

Company

Monarch Medical Technologies

Location

Charlotte, North Carolina, United States

About

Monarch Medical Technologies is a digital health company committed to helping hospitals and health systems deliver optimal glycemic management for critical care and non-critical care patients alike. The company's FDA-cleared EndoTool® Glucose Management System is designed specifically to displace traditional manual methods of insulin dosing with an intuitive and easy-to-use software application that integrates seamlessly with all major EMR systems. This pioneering clinical decision support platform offers both intravenous and subcutaneous modalities and has been shown to safely and reliably achieve and maintain target glucose goals while reducing incidence of hyperglycemia and hypoglycemia. Specialized features help clinicians address the complexities surrounding diabetic ketoacidosis (DKA), hyperosmolar hyperglycemic nonketotic syndrome (HHS), gestational diabetes, kidney function, residual insulin, and presence of steroids.

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Related People

1 contact
Verified contactsBrian D., President See plans and pricing
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Monarch Medical Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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