PRODUCT: Life Detection Technologies has built a completely non-contact, low cost vital sign monitor. The patented combination of hardware and software allows simultaneous measurement of cardiac and respiratory changes with incredible accuracy. The unique nature of the technology allows them to build out a platform which is easy to implement in many different scenarios such as wearables (fabrics or watches), mattress pads, automotive seats, baby monitors, etc.
TRACTION: Life Detection Technologies has executed a deal with Fisher-Price/Mattel to build their technology into four different sleep-related products. They are also executing two paid evaluation studies in the automotive sector. LDT has two issued U.S. patents, with two more pending.
STATUS: Jumpstart Capital invested $100,000 in April of 2018.
STRATEGIC PARTNERSHIPS: Fisher-Price/Mattel