Tricog, a Bangalore, India-based heart health AI firm that provides AI-cardiac diagnosis solutions, raised $8.5 million in a Series B2 funding round led by Japanese institutions, Omron and Sony Innovation Fund.
Existing investors, including the University of Tokyo Edge Capital, Inventus Partners, and Singapore's SG Innovate, also participated in the round.
The funding will be used to expand the product line for remote patient monitoring and to scale the business across Asia and Africa
"The last five years have witnessed tremendous advancements in our AI and technology platform that have allowed us to serve millions of patients across multiple continents. With this round, we are committed to expanding our reach to Asia and Africa and our footprint in the US healthcare market. In addition, our strategic partnerships will allow us, for the first time, to address the needs of heart patients at home, the direction where healthcare will be," said Dr. Charit Bhograj, founder and CEO of Tricog Health.
The company aims to make a cardiac diagnosis and management accessible and affordable by deepening partnerships with government and large private healthcare networks and building state-of-the-art technology for next-generation products, enabling wider reach in patient populations and disease conditions.
Company: Tricog Healthcare Services Private Limited
Round: Series B2
Funding Month: April 2023
Lead Investors: OMRON HEALTHCARE and Sony Innovation Fund
Additional Investors: University of Tokyo Edge Capital, Inventus Partners, and Singapore's SG Innovate
Company Website: https://www.tricog.com/
Software Category: Healthcare Solutions and Virtual Diagnostics
About the Company: Founded in 2015 by Dr. Charit Bhograj, Dr. Zainul Charbiwala, and Dr. Udayan Dasgupta, Tricog develops cloud-based healthcare solutions and virtual diagnostic tools and services. The platform records and sends electrocardiogram (ECG) data to a group of cardiac experts for review and treatment prescription. Tricog Health offers cardiac diagnostic tools to help solve cardiovascular conditions by identifying them in real time and with accuracy. Tricog aims to help doctors save more lives by providing a system for fast and accurate diagnosis and management of heart disease powered by AI and medical experts. Tricog operates in 14+ countries, and its platform has been deployed in over 5000 cath labs, hospitals, clinics, and diagnostic centers to help diagnose and manage patients with critical cardiac diseases, including heart attacks.