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Respiri Limited Secures Additional $1M Investment

Respiri Limited Secures Additional $1M Investment

Respiri Limited (AU:RSH) has released an update.

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Respiri Limited, an eHealth SaaS company specializing in respiratory health management, has successfully raised an additional $1 million from professional investors, demonstrating strong market confidence. The funds will support the expansion of their ‘Clinic in Cloud’ programs in the US and general corporate purposes, with expectations to reach a monthly breakeven by late 2024. This placement adds to the $7.1 million previously raised, underlining the growth potential in the remote patient monitoring market.

For further insights into AU:RSH stock, check out TipRanks’ Stock Analysis page.

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