[November 19, 2019]

Presidium Health Announces Series A Funding Round

Presidium Health, the leading mobile healthcare company for medically complex patients, today announced its Series A round of funding. This round is led by Alethea Capital Management, LLC, with $3.5 million for Presidium to expand its physician-based services and to further its marketing programs.

Presidium was co-founded by its CEO, Dr. Pouya Afshar, a pioneer in the field of transitional care medicine. At the core of Presidium's service is a best-in-class 24/7 medical triage team, backed by proprietary medical algorithms that guide both acute and chronic disease management, giving patients access to comprehensive urgent care services at home, including delivery of medications, labs, and X-rays.

The medical triage team is enhanced by Presidium's virtual healthcare platform, Secure Text Activated Triage (STAT). STAT's simple user interface provides patients with a medical alert device that allows for two-way communication, real-time transmission of vitals and personal health records to a HIPAA-compliant text platform, and optimized in-home medical services based on what's known as geo-proximity.

For more informaion, and to speak with Dr. Afshar, please contact Richard Laermer: [email protected] or 212-741-5106 X 216.

About Presidium Health

Presidium Health is a San Diego-based company focused on providing comprehensive healthcare to the medically complex and underserved population utilizing a home-based model of care. At the core of Presidium's service is a best-in-class 24/7 medical triage team, backed by proprietary medical algorithms that guide both acute and chronic disease management; this provides patients access to comprehensive urgent care services at home which encompasses delivery of medications, labs, and X-rays to the home. The medical triage team capabilities are enhanced by Presidium's virtual healthcare platform, Secure Text Activated Triage (STAT). For more information, please log on to http://presidiumhealth.com/

About Alethea Capital Management

Alethea Capital is an investment management firm with offices in San Diego and Seattle. The firm specializes in quantitative and discretionary strategies within public equity as well as select venture capital opportunities with a focus in healthcare technology. For more information, please visit https://aletheallc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191119005049/en/

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