Bam Labs has recently raised $3.5 million, according to the SEC filing, bringing the total funding to $20.5 million.
The company makes a “smart bed” system which includes a touch-free sensor placed under a mattress that measures heart rate and respiration rate, motion and bed-presence. Originally, Bam Labs was a clinically-focused company, and has expanded into the consumer side in recent years via partnership with Sleep Number.
Bam Labs’ technology reduced development of new pressure ulcers by 85.4% and overall pressure ulcers by 50%.Together, the two parties worked together to develop a technology called SleepIQ to track and monitor each person’s sleep, and suggest changes the user can make to their daily routine. Sleep IQ was introduced in January in Sleep Number’s X12 but rolled out to all Sleep Number beds in June.
“We believe a smart bed should make sleep monitoring as easy as going to bed,” CEO Richard Rifredi said in a statement this summer. “The true power of a BAM Labs smart bed is that it requires the user to do nothing. Our smart bed experience – whether for a consumer enjoying a great night’s sleep on a Sleep Number bed or a patient sleeping on a medical smart bed – is completely touch-free and non-intrusive. It works automatically, behind the scenes, requiring no interaction with the person who just wants a good night’s sleep without having to hook up to a bunch of intrusive wires and sensors.”
Goodmark Medical’s 12-week study of long-term care residents showed that Bam Labs’ technology reduced development of new pressure ulcers by 85.4% and overall pressure ulcers by 50%. Moreover, the average compliance with standard two-hour turn intervals increased by 35%.