Medical device company Amulyte looks to raise $2 million via crowdfunding site wefunder.com for its long-range emergency alert device.
Amulyte, a Canada based startup, said it's opted to go the crowdfunding route in its aim to get an emergency alert device on the market by next year.
Amulyte is developing an emergency response system for senior citizens, aiming to lengthen the broadcast range for emergency medical alert devices, by using cellular systems, GPS, and Wi-Fi. Designed to work from virtually anywhere, the Amulyte sends a message to directly alert family members quickly, in case of an emergency.
The company is launching a crowdsourced campaign on wefunder.com, hoping to drum up $2 million to fund a market launch next year.