Propeller Health raises $21.5M

What does Propeller Health do?

Propeller Health, is the leading digital solution for respiratory medicine. This mobile platform offers mobile apps, sensors, services and analytics for supporting respiratory health management. This mobile platform is HIPAA compliant and stores users data in a cloud computing infrastructure. The propeller sensor and mobile applications helps users in learning more about and better managing their COPD, asthma and other respiratory diseases. This sensor attaches to the inhalers of the users and wirelessly syncs with their smart phones. The platform tracks the user’s triggers and symptoms and sends customized feedback and education to their smart phones based on their symptoms. Users can see how often they consumer their medication, and set up medication alerts and reminders.

How much Propeller Health was funded?

The company raised $21.5M in Series C on October 20, 2016 from Social Capital,  Hikma Ventures, Safeguard Scientifics,  3M New Ventures and SR One.

Previous funding

$1.91M on June 25, 2012

$6.96M on April 1, 2013 in undisclosed round

$5M in Series A on April 5, 2013 from Social Capital

$14.5M in Series B on September 4, 2014 from Safeguard Scientifics and Social Capital

What is next for Propeller Health?

Propeller Health plans on using the latest funding for expanding its digitally guided therapy platform and for modernizing the management of respiratory disease.

More about Propeller Health

Propeller Health was founded in 2007 by Mark Gehring,  Greg Tracy and David Van Sickle. It has its headquarters in Madison, Wisconsin. This platform works with organizations such as Wyckoff Heights Medical Center, Dignity Health, City of Louisviller and Amerigroup Florida. Its community enables users in sharing their data with their family members and physicians. This platform empowers people with COPD and asthma to live measurably better lives. In 2010 this company set out for modernizing respiratory medicine, empowering people for minimizing the impact of respiratory diseases on their everyday lives, and connecting them to their physicians, community and environment.