Domo Health partners with SAK

Under the strategic arrangement, SAK will acquire a stake in Domo Health as part of a funding round worth Swiss Fr8.5 million (US$9.57 million). 

The partnership will also aim to develop the commercial distribution of Domo healthcare solutions promote ‘digital health to private households’. Domo’s ultimate goal is to ‘provide scalable and sustainable solutions through the use of its artificial intelligence- assisted (AI) digital health platform … and integrated solutions’ such as connected medical devices and alert systems.

The partnership builds on previous partnerships with organisations such as Le Centre Hospitalier Universitaire Vaudois (CHUV), the Hirslanden Group, and Inselspital Bern and Roche hospital groups.

“We are thrilled about this strategic partnership with a leading public entity in the energy sector, which will allow us to propel digital health into Swiss households and beyond our borders,” said Guillaume DuPasquier, Co-founder and CEO of Domo Health. “At Domo Health, we believe that digitalisation is one of the key aspects if we want to improve access to healthcare and empower patients. This partnership is an important step towards that goal.”

“Thanks to this strategic investment we can link and expand our services in the field of connectivity and everyday safety services with our energy and telecommunications services,” said Stefano Garbin, CEO of SAK. “As a partner in this development, it is our concern to strengthen connectivity and security of supply especially for seniors and their families. We are pleased to be able to offer our customers further innovative services able to make their lives a little easier and safer.”

Fellow healthtech firm Redbrick AI announced a successful US$4.6 million seed funding round in November 2022.