NuvoAir

NuvoAir

Digital health platform for respiratory care

About

NuvoAir enhances respiratory care for patients with conditions like Asthma and Chronic Obstructive Pulmonary Disease (COPD) through a digital health platform. This platform includes home-delivered devices, real-time data tracking, and virtual consultations, allowing patients and healthcare providers to make informed decisions. Unlike competitors, NuvoAir integrates technology with personalized support, achieving a 39.9% reduction in urgent consultations and a 95% retention rate. The company's goal is to improve patient outcomes and accessibility to respiratory care across the U.S.

Company Stage

Series A

Employees

51-200

Industries

Biotechnology, Healthcare

Total Funding

$27.4M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • NuvoAir's partnerships with organizations like Privia Medical Group and Security Health Plan of Wisconsin expand its reach and impact in the healthcare sector.
  • The company's high retention rate of 95% indicates strong user satisfaction and effectiveness of its platform.
  • Recent Series A funding of $25M provides financial stability and resources for further innovation and expansion.

What critics are saying

  • The highly competitive digital health market requires continuous innovation to maintain a leading position.
  • Dependence on partnerships and subscriptions could pose risks if healthcare providers or patients opt for alternative solutions.

What makes NuvoAir unique

  • NuvoAir's focus on respiratory care, particularly for conditions like Asthma and COPD, sets it apart from broader digital health platforms.
  • The integration of real-time data tracking and virtual consultations offers a comprehensive, patient-centric approach that many competitors lack.
  • FDA approval for in-home use of their Air Next Spirometer provides a significant competitive edge in remote patient monitoring.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

16%

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