Seattle health-tech startup CalmWave, working to eliminate unnecessary alarms attached to patients in hospital intensive care units, raised $4.4 million in new funding. The additional seed round financing, coming after $5.2 million in fresh cash last November, was led by investors Third Prime, Bonfire Ventures, Catalyst by Wellstar, and Silver Circle.
CalmWave said Thursday that it plans to use the capital to meet strong demand from hospital systems. The company’s “Calm ICU” software solution targets non-actionable alerts triggered by monitoring systems that do not require immediate intervention or clinical response. Such alarms make up 80-99% of alarms in ICUs, straining healthcare staff and impacting overall patient care, according to CalmWave.