Columbia, SC – South Carolina Research Authority’s investment affiliate, SC Launch Inc., has invested $250,000 in PulManage. The Columbia-based company provides testing and remote monitoring for patients with lung disease.
PulManage, Inc., became an SCRA Member Company in 2019 and successfully matured through the SC Launch Program. It received two $25,000 Project Development Fund Grants, a $50,000 Acceleration Grant, and a $50,000 COVID-19 Response Grant. With this investment, it became an SC Launch Inc. Portfolio Company.
The PulManage platform is advancing the care of lung diseases. It can confirm diagnosis and enhance care management by remotely connecting patients with their healthcare providers. The company’s mission is to improve the management of chronic lung diseases such as COPD, cystic fibrosis, asthma, and other chronic lung diseases. The platform includes patient-facing mobile apps with real-time feedback through an online dashboard for researchers and clinicians. “Not only does the app monitor and record lung function, it’s also improving testing and preventing confusion and misdiagnosis,” said SC Launch Inc. Executive Director Matt Bell. “This means better care and getting care sooner for patients with lung conditions.”
“From the beginning, SCRA’s SC Launch Program team has believed in our mission and supported our growth. We would not be where we are today without their support, positioning us to revolutionize how we care for chronic lung disease,” said PulManage CEO and Founder Amanda Clark. “We value our long-standing partnership with SCRA and SC Launch Inc.”
SCRA President and CEO Bob Quinn said, “We work every day to move innovation forward, and when the innovation is life-sustaining and lifesaving, we are more honored to support our state’s innovators. We are proud of PulManage’s growth and promising future to help even more patients.”
PulManage recently received an exclusive invitation from Amazon Web Services Life Sciences to represent their product as part of the healthcare solutions at the Annual Summit with national and international stakeholders in the digital health, AI, and drug discovery sectors. They will also attend the International BIO convention as part of the South Carolina delegation in San Diego to meet with prospective partners and share more about the platform.
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Established in 2006, SC Launch Inc. is the investment affiliate of the South Carolina Research Authority. The independent, nonprofit corporation provides convertible loans and investment funding to qualifying SCRA Member Companies. The returns on this funding provide additional coaching and grants to next-generation technology startups.
Chartered in 1983 by the State of South Carolina as a public, nonprofit corporation, South Carolina Research Authority fuels the state’s innovation economy through the impact of its comprehensive services to technology-based startups, academia, and industry. SCRA provides funding and support to accelerate the growth of academic startups; high-quality lab and administrative workspaces; facilitation and funding for partnerships between and among industry, startups, and academic institutions; assistance and funding for the relocation of technology-based companies to South Carolina; and coaching and funding for startups that may also receive investments from its affiliate, SC Launch Inc.
Media Contact
Adrianne Grimes
Director of Marketing and Communications, SCRA
adrianne.grimes@scra.org
