Summary: Zeto Inc, a medical technology company focused on EEG diagnostics, announced the completion of a $31 million funding round led by MindWorks Global. The investment will support Zeto’s efforts to expand its commercial and operational teams, enhance research and development, and drive growth in its AI-powered cloud platform. The company’s solutions have been adopted by healthcare institutions across the U.S., with plans to advance EEG diagnostics and brain health assessments.
Key Takeaways:
- Zeto Secures $31 Million in Funding: The funding, led by MindWorks Global, will support Zeto’s expansion and research efforts in EEG diagnostics.
- Experienced Leadership Backing: MindWorks Global, led by entrepreneur Mike Williams, provides both financial support and strategic expertise for Zeto’s growth.
- Focus on Advancing EEG Technology: Zeto plans to use the funding to further develop its AI-driven platform, which is gaining adoption in healthcare settings.
Zeto Inc, a medical technology company developing EEG diagnostics with its AI-driven cloud platform, announced the closing of a $31 million funding round.
The funding round was led by MindWorks Global, a Michigan-based investment entity funded by entrepreneur-investors. MindWorks Global’s Founder, CEO, and lead partner, Mike Williams, is an entrepreneur and investor known for his expertise in scaling companies across different industries, including achieving a $1.1 billion exit from his most recent venture.
“Zeto’s vision and technology are truly transformative for the medical arena and beyond, and we are excited to leverage our expertise and network to help drive the company’s growth,” Williams says. “The world of EEG is going to be transformed immensely in the upcoming years, and Zeto is going to be at the forefront of it. Brain health assessment will extend beyond traditional healthcare, and we’re excited to support Zeto in pioneering new frontiers.”
This funding will enable Zeto to expand its commercial and operational teams, drive further growth, and strengthen ongoing research and development efforts.
Aswin Gunasekar, Zeto’s founder and CEO adds in a release, “Zeto has reached a pivotal milestone, earning a reputation for game-changing innovation and experiencing rapid adoption of our solutions by leading healthcare institutions across the US. Our management team has long aspired to collaborate with accomplished entrepreneur-investors who have successfully scaled companies to drive meaningful societal impact and significant revenue. We are excited to welcome MindWorks Global partners to our board of directors who bring not only capital but also invaluable expertise, extensive experience, and a powerful network.”
Photo caption: (Left) ONE for ICU, ED, ambulance, and home (Right) Wrap for outpatient use
Photo credit: Zeto
