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Siren raises $11.8M for its limb-saving smart socks



Siren raises $11.8M for its limb-saving smart socks

Can a pair of socks assist these with diabetes keep away from foot amputations?

That’s one of many concepts behind Siren, an organization that’s constructing sensible, washable cloth wearables – the primary of which is a pair of socks meant to assist these with diabetes monitor their foot well being and detect harmful accidents early. They’ve only a raised $11.8M Series B to assist get it carried out.

The spherical was led by Anathem Ventures, and backed by Khosla, DCM, and Founders Fund. As a part of the increase, DCM’s Jason Krikorian (co-founder of Slingbox maker Sling Media) will probably be becoming a member of Siren’s board.

Siren co-founder Ran Ma tells me that amputations in sufferers with diabetes are largely the results of accidents that go undetected for too lengthy. Over time, diabetes could cause nerve injury; when this nerve injury impacts the toes, sufferers can develop accidents and ulcers with out noticing – out of sight, out of thoughts. Left untreated, these accidents can develop worse or develop into contaminated to the purpose that amputation is required. Tens of hundreds of those amputations happen annually within the US alone.

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Siren’s socks assist detect accidents that may in any other case go unnoticed by monitoring the temperature of six areas of the wearer’s foot. If one area appears to be getting significantly hotter than these round it, it may point out ongoing irritation attributable to an harm. The socks can connect with the affected person’s telephone by way of Bluetooth to assist them keep watch over their toes – and, importantly, that data is beamed to their docs who can maintain a watch out for pink flags.

That final bit is especially key proper now. With the continued COVID-19 pandemic, many are avoiding docs places of work and hospitals in worry of being uncovered to the virus; in the meantime, many places of work have been limiting their extra routine/much less pressing or “non-essential” appointments – together with, on this case, routine foot exams. Siren’s socks let a affected person’s docs monitor their foot well being from afar.

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We first met Siren again in 2017 when the corporate gained the TechCrunch Hardware Battlefield at CES. Since then, the corporate has raised round $22 million in funding; this $11.8M Series B, a beforehand undisclosed $6.5M Series A in 2018, and a $3.4M seed spherical.

Ran tells me that they’ve made Siren Socks accessible in ten states thus far, with plans to broaden nationwide by the tip of this yr.

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