1/ @pluralplatform exists to back startups solving the hardest problems out there, and that's why we're leading the $20m Series A for @teton_ai whose tech helps us care for our sick and elderly, as populations age, chronic disease increases and healthcare costs rise.
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2/ Teton has developed technology to automate routine checks on wards, combining specialised cameras with computer vision AI models that continuously monitor patients around the clock and alerts nurses when someone needs attention.
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3/ This system reduces menial work, allowing nurses to spend more time on what they are best at: the human job of attending to patients in need of help, leading not just to happier staff who are less likely to burn out, but to better health outcomes for the patients themselves.
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4/ With Teton’s monitors, care shifts from reactive to preventative, generating better health outcomes for patients and residents. As an example, implementing Teton reduces falls - the leading cause of injury-related death in adults aged 65 or over - by 82%.
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5/ The end result is a product that replaces one-off patient spot checks with more detailed ongoing assessment, improving patient outcomes and reducing resource for healthcare providers.
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6/ This means that in a sector facing a serious labour shortage, providers can safely look after people with a smaller number of nurses. For patients, that has the benefit of lowering the overall cost to access the very best care.
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7/ Cofounders Mikkel Thorsen and @MiniUrt spent more than 100 nights in hospitals to see how these professionals can be helped best by technology, and the value they’re creating speaks for itself: Teton is now live in five countries across 35 care providers.
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