How much funding has Forest Devices raised?

Forest Devices has raised $3.4M in total funding, most recently a Convertible Note round.

When was Forest Devices founded?

Forest Devices was founded in 2015.

Where is Forest Devices headquartered?

Forest Devices is headquartered in Pittsburgh, Pennsylvania, United States.

What industry is Forest Devices in?

Forest Devices operates in Healthcare.

How many employees does Forest Devices have?

Forest Devices has 1-10 employees.

Forest Devices

Q: Who are Forest Devices's investors?

Forest Devices's investors include Innovation Works, Dorm Room Fund, Monozukuri Ventures.

Improving the lives of stroke victims by developing tools for early and accurate neurologic assessment.

Pittsburgh, United States · Founded 2015 · $3.4M raised

Healthcare

Headquarters: Pittsburgh, Pennsylvania
Employees: 1–10
Founded: 2015
Business Model: B2B

Website: forestdevices.com
Total Funding: $3.4M
Last Round: $465K Convertible NoteDec 2017
Rounds: 3

About

Forest Devices is a medical device startup based in Pittsburgh, Pennsylvania, founded in 2015. The company develops rapid EEG (electroencephalography) devices for prehospital and emergency neurological assessment. Its flagship product, SignalNED (also referred to as AlphaStroke), is a portable, fast, and accurate rapid EEG device that provides clinicians with quantitative EEG (qEEG) results — delivering a real-time 'window into the brain' to help detect stroke and assess neurological status before imaging is available. SignalNED is designed for use in ambulances and emergency settings, enabling paramedics and emergency responders to assess brain activity and make informed triage decisions that can directly improve patient outcomes for stroke victims and reduce burden on the healthcare system. The device addresses a critical gap in prehospital care: identifying which patients need immediate transport to a stroke center vs. a standard emergency department. Forest Devices has presented at EMS World Expo and its technology has been cited in peer-reviewed medical literature on early ischemic stroke identification.

Summary

Forest Devices is a Healthcare company based in Pittsburgh, United States, founded in 2015. It has raised $3.4M in total across 3 rounds, most recently a $465K Convertible Note round in Dec 2017. Investors include Innovation Works, Dorm Room Fund and Monozukuri Ventures.