Seeing a company turn a smartphone camera into a medical breakthrough changes how we see innovation. It’s not sci-fi anymore, it’s Phoenix, AZ, and it’s Mindset Medical. The crew led by Mitch Foster and Dr. Nick Theodore didn’t stumble into innovation; they engineered it from the OR floor to the cloud. Foster, the same mind behind the Excelsius Surgical robotic platform that caught Globus Medical’s attention, and Dr. Theodore, one of neurosurgery’s most respected figures, decided healthcare shouldn’t need wires or cuffs to understand a heartbeat. That’s how Informed Vital Core was born, a software-only platform that turns any camera into a contactless vital sign monitor. No gadgets. No gimmicks. Just tech that listens to your physiology through pixels and algorithms.
Their latest move? Securing another round of financing led by Grayhawk Capital and AZ Venture Capital Inc., with Xcellerant Ventures joining the table. The amount’s undisclosed, but the signal is clear, confidence is high, traction is real, and the market is wide open. Mindset Medical isn’t chasing trends in digital health; they’re setting tempo. Two FDA 510(k) clearances in 12 months, pulse rate in ’24, respiratory rate in ’25, prove that the science isn’t theory, it’s product. That’s validation with teeth.
The team’s deep bench keeps the engine humming. Luis Montes runs point as CTO, balancing clinical-grade precision with consumer-grade simplicity. Chris Joslin drives product and compliance with the steady hand of someone who knows the FDA playbook inside out. Rasool Khadem leads engineering with surgical precision, while Jeremy Markovich and Derek Mulgrew handle the twin pillars of regulatory and revenue. Add Mark Whitehouse managing finance and market strategy, and it’s less a startup org chart, more a strike team.
This new capital fuels their push toward non-contact blood pressure monitoring, a move that, if FDA-cleared, changes remote patient monitoring forever. The goal is to scale with telehealth platforms, payer networks, and home health agencies nationwide while setting sights on EU expansion by mid-’26. With SDK integrations coming to top telehealth platforms by Q3 ’26, Mindset Medical is positioning itself not as a vendor but as the backbone of care delivery for 20M+ chronic patients across the U.S.
This isn’t about chasing unicorn status; it’s about building infrastructure for an age where care meets camera. The market for remote patient monitoring is projected to hit $3.5B by ’28, growing at 15% CAGR, and Mindset Medical has the FDA badges, patents pending, and clinical backing to own a serious slice. When you mix AI precision with medical credibility, you don’t just create a product, you set a new standard.
