Kenzen, a health analytics company, announced Monday that it has raised $5 million in strategic investment for development, support and marketing of its ECHO Smart Patch wearable technology. Kenzen’s investors include Digitalis, Flex (formerly Flextronics), the San Francisco 49ers, Hickory Ventures, Gaingels, and the Women’s Capital Connection.
Kenzen had previously piloted projects with the 49ers. The ECHO is a small and non-invasive flexible patch that conducts sweat analysis, measures vital signs, and utilizes motion sensors to predict and prevent avoidable injuries and illnesses. Kenzen’s connected technology delivers real-time information about athletes’ performance and health through its mobile application.
“As both an investor and customer, we are big fans of Kenzen and appreciate the team’s down-to-earth, honest and very intellectual approach to things,” 49ers chief strategy officer Paraag Marathe said in a statement. “They’ve been a great partner in building a breakthrough product for athletes.”
Steve Allen, co-founder and partner of Digitalis, shared similar sentiments.
“Technology continually improves people’s lives and wearables represent the next great shift that will boost precision medicine,” Allen said in a statement. “Digitalis recognizes that Kenzen, led by its dynamic executive team, is in great position to address digital health initiatives promoting wellness and safety.”
In May, Kenzen was selected as “Judges’ Favorite” at Google Demo Day London.
