Cardiotrack, a Bengaluru, India-based AI-backed healthcare screening provider, has raised $2 million (INR 16.5 crore) in a pre-Series A funding round.
SaaS Investors
The round was led by Girish Narasimhan, Managing Director and Principal of Corporate Finance Associates Worldwide Inc., with participation from Y S Shashidhar, Advisor at Dubai Holdings LLC.
Cardiottack Use of Funds
The company will utilize the funding to expand its offerings to a broader range of health and life insurance providers.
About Cardiotrack
Founded in 2015 by Ashim Roy and Avin Agarwal, Cardiotrack specializes in offering healthcare screening technology and services to health and life insurance providers. The company provides telemedicine kits, screening technologies, and data analytics solutions. Currently, it serves nine health and life insurance companies, including most of the largest insurers in India.
Funding Details
Company: Uber Diagnostics Private Limited
Raised: $2.0M
Round: Pre-Series A
Funding Month: March 2024
Lead Investors: Girish Narasimhan
Additional Investors: Y S Shashidhar
Company Website: https://cardiotrack.io/
Software Category: Healthcare
Source: https://inc42.com/buzz/cardiotrack-bags-pre-series-a-funding-to-expand-offerings-to-health-life-insurance-providers/