NuFund Portfolio Company HAI Solutions Wins Prestigious AANA Innov8 Award, Sets New Standard in IV Therapy
August 12, 2024, San Diego, CA – NuFund Venture Group (NuFund) is proud to highlight the remarkable achievements of one of its portfolio companies, HAI Solutions.
HAI Solutions was founded with the purpose of developing and marketing devices that focus on intelligent anesthesia management. HAI Solutions is dedicated to revolutionizing intravenous care through its innovative medical devices designed to prevent IV contamination and improve patient safety. With a robust portfolio targeting critical care environments such as Operating Rooms, Intensive Care Units, and Emergency Rooms, HAI Solutions is committed to addressing the complexities and challenges associated with intravenous therapy and vascular access.
Healthcare-associated infections (HAIs) account for approximately 1.7 million infections and 100,000 deaths in the US each year. The direct medical costs of HAIs were estimated to be between $35.7 to $45 billion annually in 2007. Despite healthcare providers’ adherence to safety guidelines, compliance is often inconsistent, and there is a lack of efficient tools to ensure superior clinical care. Currently, no device fully addresses all the potential pitfalls associated with administering multiple IV medications to patients in critical settings like the operating room, emergency room, or intensive care unit.
HAI Solutions recently achieved a significant milestone by winning the American Association of Nurse Anesthesiology (AANA) inaugural RM8 Innov8 Pitch Competition. This prestigious recognition underscores HAI’s commitment to innovation and excellence in medical device development. The AANA competition featured cutting-edge technologies and solutions poised to transform healthcare delivery. HAI’s victory highlights the company’s leadership in creating impactful intravenous therapy solutions.
In addition to this notable achievement, HAI Solutions has also announced a strategic partnership with Intellego Technologies. This collaboration focuses on integrating Intellego’s innovative UV-C dosimeter technology into HAI Solutions’ intravenous therapy products. This partnership aims to enhance patient safety by providing real-time monitoring and ensuring the effectiveness of UV-C disinfection processes.
Steve Gormican, Lead Investor at NuFund, shared his enthusiasm: “We are incredibly proud of HAI Solutions and their groundbreaking work in intravenous therapy solutions. Winning the AANA Innov8 Pitch Competition and partnering with Intellego Technologies are testaments to their dedication and the transformative impact they are having on patient care. At NuFund, we are committed to supporting visionary companies like HAI Solutions that are making a real difference in the healthcare industry.”
Nick Perrenoud, Co-founder of HAI Solutions, added, ““Our team’s unwavering dedication to improving patient safety and outcomes through advanced intravenous therapy solutions was inspired by the transformative care of my medically fragile son Angel. By combining our innovative spirit with hard work, we’ve achieved significant milestones while also fostering personal and professional growth. NuFund’s critical support has been instrumental in propelling our journey forward, and we’re excited to continue this partnership as we strive to make a lasting impact on the future of patient care. “
In addition to these accolades, HAI Solutions is strategically expanding its market presence and product offerings. The company’s innovative approach and robust product pipeline position it for continued success and impact in the medical device industry.
About NuFund Venture Group
NuFund Venture Group represents a new wave of angel investors, pioneering a novel fund model focused on emerging technology leaders. NuFund was formerly known as Tech Coast Angels – San Diego (TCA-SD), and the organization is one of the largest, most active, and most successful early-stage investor groups over the past 20+ years. We continually strive to foster a culture that is friendly, innovative, engaging, rewarding, and fun for all stakeholders. For more information, please visit NuFund Website.
About HAI Solutions
HAI Solutions, headquartered in Carlsbad, CA, is at the forefront of medical device innovation, specializing in creating advanced intravenous therapy solutions. Their cutting-edge products are designed to enhance patient safety and streamline healthcare practices in various critical care environments, including Operating Rooms, Intensive Care Units, and Emergency Rooms. By addressing the common challenges and risks associated with Intravenous Care and Vascular Access, HAI Solutions is committed to advancing clinical care and improving patient outcomes. With a focus on developing practical and effective medical devices, the company continues to set new standards in the healthcare industry. For more information, please visit HAI Solutions Website.