3one4 Capital has invested in Dozee, a remote patient monitoring company that transforms standard beds into step-down ICUs, aiming to enhance healthcare delivery and patient outcomes in India.

Information on the Target

Dozee is a pioneering company in the field of remote patient monitoring, utilizing advanced Ballistocardiography (BCG) technology to enhance patient care. Their innovative product involves placing a thin sensor sheet under a mattress, effectively transforming any standard bed into a step-down Intensive Care Unit (ICU). This contactless monitoring system tracks vital parameters such as heart rate, respiration, cardiac performance, blood pressure, sleep patterns, and heart rate variability.

With additional features to monitor oxygen saturation, ECG, and body temperature, Dozee employs AI algorithms to generate an Early Warning Score. This enables healthcare providers to detect health deterioration early, facilitating timely medical interventions and enhancing patient safety. Since its inception, Dozee has positively impacted healthcare by saving over 10,000 lives and significantly improving patient outcomes.

Industry Overview in India

The healthcare sector in India is undergoing significant transformation, with total health expenditure projected to rise to Rs 79,221 crore in the fiscal year 2023-24, up from Rs 72,269 crore the previous year. A significant portion,