Madison-based RehabPulse, an online marketplace for medical equipment, has secured $4.5 million in funding, according to a release from the company. In conjunction with the new investment, the company announced it has become the first online marketplace in the durable medical equipment (DME) sector to offer integrated online insurance claims processing. RehabPulse provides DME including wheelchairs, scooters, walking aids, and respiratory equipment. The company will use the funds to expand its team, continue to develop the artificial intelligence and tech that underpins its platform, further develop its insurance claims processing service, and grow the company’s distribution model for medical products and services.
Medical equipment tech company lands $4.5 million
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