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Siren

Series B

Siren is a digital health company that develops smart socks for preventing diabetic foot ulcers through continuous temperature monitoring. The socks are embedded with sensors that track foot temperature, an early indicator of inflammation and potential injury that may lead to ulcers, which affect over 30 percent of people with diabetes during their lifetime. When temperature increases are detected, licensed nurses…

High Tech · Wearable Technology, · San Francisco, United States · EST 2015

About

Siren is a digital health company that develops smart socks for preventing diabetic foot ulcers through continuous temperature monitoring. The socks are embedded with sensors that track foot temperature, an early indicator of inflammation and potential injury that may lead to ulcers, which affect over 30 percent of people with diabetes during their lifetime. When temperature increases are detected, licensed nurses review the data and contact patients regularly, while providers are alerted to potential injuries for clinical follow-up. Clinical research has shown that temperature monitoring can reduce diabetic foot ulcers by up to 87.5 percent. Siren socks require no smartphone, are machine washable, do not need charging, and are automatically replaced when worn down. The company serves patients, healthcare providers, and payers, with certified Siren providers distributing the product through podiatry clinics. Founded in 2015 and headquartered in San Francisco, Siren has raised $43 million through Series B funding from investors including Khosla Ventures, DCM Ventures, Founders Fund, and Mighty Capital.

Business model

Wearable Technology > Health and Wellness Devices > Diabetes Monitoring > Foot Ulcers,

Disease Self Management > Diabetes > Monitoring > Foot Ulcers > Device > Wearable,

Diabetes > Medical Devices > Therapeutic Devices > Complications of Diabetes > Diabetic Foot Ulcer,

Plug and Play Tech Center Batches > Health > Batch 3

Institutional investors

Manta Ray VenturesMighty CapitalPortfoliaKhosla VenturesDCM VenturesFounders FundLiquid 2 VenturesThe Foundation for Entrepreneurshipivarksatterriget.dkLEO Innovation LabAloft VCAging2.0500 GlobalMolnlycke Health CareCSC Upshot Ventures

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