HealthArc, a Hackensack, NJ-based company which specializes in virtual healthcare, raised $5M in Growth funding.
The round was led by ScOp Venture Capital, with participation from Original Capital, Dream Capital, and Correlation Ventures, alongside angel investors Hari Raghavan, Saurya Prakash Sinha, Charlie Aaronson, and Max Aaronson. Kevin O’Connor, a leader in the software industry and founder of DoubleClick, now part of Google’s portfolio, joined HealthArc’s board.
The company intends to use the funds to accelerate its growth and further develop its care management platform.
Founded by Sudeep Singh Bath, HealthArc provides a unified care management platform that offers a suite of virtual programs including remote patient monitoring (RPM), remote therapeutic monitoring (RTM), chronic care management (CCM), principal care management (PCM), transitional care management (TCM), and behavioral health integration (BHI). It integrates with over 50 medical devices across various chronic conditions – supporting cellular, Bluetooth, continuous, and wearable devices from leading brands. This integration provides a unified data experience for healthcare providers and patients.
With this funding, HealthArc’s total funding now stands at $5.55M, building upon an initial $550K investment led by Dream Capital.
FinSMEs
02/04/2024