By: Jonah Comstock
MobiHealthNews.com
A new mobile health startup has emerged from stealth mode with a first round of funding, FDA 510(k) clearance, and an app launch, not to mention a partnership. Tulsa, Oklahoma-based Sway Medical, formerly Capacity Sports, raised $750,000 from individual angel investors and the OKAngel Sidecar Fund, a fund financed by the state of Oklahoma to promote entrepreneurship.
The iOS app, called Sway Balance, is cleared by the FDA for prescription use and uses the mobile device’s accelerometer to perform a balance assessment on the user.
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