Can a set of socks help those with diabetes prevent foot amputations?
That is among the concepts behind Siren, a company that’s structure clever, washable material wearables– the first of which is a pair of socks implied to help those with diabetes monitor their foot health and detect harmful injuries early. They’ve just raised an $11.8 million Series B to help get it done.
The round was led by Anathem Ventures, and backed by Khosla, DCM and Founders Fund. As part of the raise, DCM’s Jason Krikorian(co-founder of Slingbox maker Sling Media)will be signing up with Siren’s board. Siren co-founder Ran Ma informs me that amputations in patients with diabetes are mostly the result of injuries that go unnoticed for too long. In time, diabetes can cause nerve damage; when this nerve damage impacts the feet, clients can establish injuries and ulcers without noticing– out of sight, out of mind. Left without treatment, these injuries can grow even worse or end up being contaminated to the point that amputation is required. 10s of thousands of these amputations happen each year in the U.S. alone.
Siren’s socks assist detect injuries that might otherwise go unnoticed by keeping track of the temperature level of 6 regions of the wearer’s foot. It could indicate ongoing inflammation caused by an injury if one region appears to be getting considerably warmer than those around it. The socks can link to the patient’s phone through Bluetooth to assist them keep an eye on their feet– and, significantly, that info is beamed to their physicians, who can keep an eye out for red flags.
That last bit is especially key right now. With the continuous COVID-19 pandemic, numerous are avoiding physicians offices and hospitals in worry of being exposed to the infection; meanwhile, lots of offices have actually been limiting their more routine/less urgent or “non-essential” visits– consisting of, in this case, routine foot examinations. Siren’s socks let a patient’s doctors monitor their foot health from afar.
We first met Siren back in 2017 when the company won the TechCrunch Hardware Battlefield at CES. Since then, the business has actually raised around $22 million in financing; this $11.8 million Series B, a formerly undisclosed $6.5 million Series A in 2018 and a $ 3.4 million seed round.
Ran Ma tells me that they have actually made Siren Socks available in 10 states up until now, with plans to broaden across the country by the end of this year.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.