Blooming Health Raises $4.2M in Seed Funding

Blooming Health

Blooming Health, a New York-based digital engagement and referral solution provider, raised $4.2M in Seed funding.

Backers included Afore Capital, Crossbeam Venture Partners, Chelsea Clinton’s investment firm, Metrodora, and angel investor and DoorDash Cofounder, Evan Moore.

The company intends to use the funds to expand operations and its business reach.

Co-founded by Nima Roohi, Ph.D., Kavitha Gnanasambandan, Ph.D., and Naman Gupta, Blooming Health provides a platform utilizing AI, automation, and advanced data analytics that sit on top of the telecom infrastructures to engage older adults, detect needs, and facilitate service delivery in a personalized and proactive process. The agetech company, which has operations across New York, Arizona, Texas, and California, is equipping community-based aging care and service providers with technology to remotely engage and address day-to-day needs of thousands of older adults monthly over 30 languages across text, voice calls, and emails. Blooming Health is expanding operations to Pennsylvania, Ohio, Indiana, and Michigan and targeting to reach 1 million older adults by the end of 2024.

FinSMEs

06/09/2023