Tech Company Financing Transactions
Carenostics Funding Round
Carenostics, based in Berwyn, raised $5 million in funding from M13, Gaingels and Greatpoint Ventures Innovation Fund.
Transaction Overview
Company Name
Announced On
9/15/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate expansion to many more health systems and chronic conditions.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
2060 Saint Andrews Drive
Berwyn, PA 19312
USA
Berwyn, PA 19312
USA
Phone
Undisclosed
Website
Email Address
Overview
The journey towards Carenostics began for the father-son team of Bharat and Kanishka Rao after the unfortunate loss of a close relative; Kanishka's grandfather passed away from Kidney Disease, but he was not aware he had CKD until his kidneys had already failed. By the time he became aware of the condition, most interventions were no longer effective and his kidney function was irreversibly lost.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bharat Rao
Chief Operating Officer
Kanishka Rao
Chief Technical Officer
William Landi
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Where The Data Comes From
Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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