Upheal Secures $3.25 Million in Seed Round

by Kay Aloha Villamor in February 29th, 2024

Upheal, a New York-based healthtech startup that provides a platform for smart therapy and AI-powered notes, has secured $3.25 million in seed funding.  

SaaS Investors  

The round was led by KAYA VC, Credo Ventures, and Inovia Ventures. Notable angel investors include Martin Viecha from Tesla and Aakash Desai of Decoder Ventures.   

Kaya VC is a venture capital investment firm based in Prague, Czech Republic. The firm prefers to invest in the Central and East European region companies operating in clean energy, technology, personal health, and real estate sectors. Founded in 2010, the firm prefers to invest in the pre-seed and seed stages of the companies.  

Founded in 2010, Credo Ventures is a venture capital investment firm that is based in Prague, Czech Republic. The firm seeks to invest in seed and early-stage companies operating in the technology sector.  

Founded in 2007, Inovia Capital is a venture capital firm that partners with founders to build impactful and enduring global companies. Based in Montreal, Canada, the firm seeks to invest in B2B and B2C SaaS companies. 

Upheal Use of Funds  

With the funding, the company aims to enhance its platform's AI capabilities, including customizable templates and group therapy support. The funding will also support marketing, engineering, and further product development efforts.  

About Upheal  

Founded in 2021 by Juraj Chrappa and Martin Horvath, Upheal is a company that developed an artificial intelligence-assisted platform designed for mental health professionals with automated notes and analytics. Upheal offers an AI-powered mental health platform for clinicians, streamlining clinical workflows and saving time on administrative tasks such as note-taking and progress tracking.  

Funding Details                                   

Company: Upheal, Inc.  

Raised: $3.25M                    

Round: Seed Round    

Funding Month: February 2024                                                         

Lead Investors: KAYA VC, Credo Ventures, and Inovia Ventures  

Additional Investors: Martin Viecha  

Company Website: https://www.upheal.io/     

Software Category: Mental Health Platform

Source: https://ain.capital/2024/02/28/upheal-secures-3-25m-kaya-vc/  




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