BiPS Medical

Company Overview

Snapshot

Founded in January 2016 by Jonathan Rubin and Gil Zoizner, BiPS Medical operated with 1–10 employees. The company secured funding across two rounds from one investor, The Trendlines Group, and in May 2017, it received a grant.

Business overview

BiPS Medical developed a wearable wireless device designed for continuous monitoring of vital parameters, including blood pressure, blood oxygen saturation, respiration rate, and heart rate. This bracelet-like device attaches to the fingers, utilizing multiple sensors to analyze information simultaneously. The technology aimed to replace traditional manual monitoring, providing reliable and continuous vital indicator tracking for patients and healthcare providers in the digital healthcare sector.

Strategic signal

In June 2017, BiPS Medical was recognized as the winner of a MedTech contest, highlighting the potential and market validation for its wearable vital sign monitoring system. This achievement underscored investor interest in innovative medical devices and remote patient monitoring solutions within the health tech landscape.

Company Intelligence Q&A

What is BiPS Medical's primary offering?

BiPS Medical developed a wearable wireless device for continuous monitoring of vital parameters such as blood pressure, blood oxygen saturation, respiration rate, and heart rate.

When was BiPS Medical founded and by whom?

BiPS Medical was founded in January 2016 by Jonathan Rubin and Gil Zoizner.

What was a notable early achievement for BiPS Medical?

In June 2017, BiPS Medical was announced as the winner of a MedTech contest for its wearable monitoring technology.

What was the total funding raised by BiPS Medical?

BiPS Medical raised a total of $54,000 across two funding rounds.

What is the current status of BiPS Medical?

BiPS Medical is currently non-active and ceased to operate in July 2020.