TytoCare Announces $49 Million Funding Round and Launches New Care Modules

Funding Round Led by Existing Investor Insight Partners and Includes New Strategic Health System and Pension Fund Investors MemorialCare, HOOPP, and Clal TytoCare, a virtual care company enabling leading health plans and providers to deliver accessible, high-quality primary care from home, today announced that it has raised $49 million in additional growth funding. This new investment brings the company’s total funding to $205 million to date. The round was led by global software investor Insight Partners, which also led TytoCare’s previous round. Notably, the round includes new investors, including MemorialCare — a leading California health system — as well as two major pension funds, Healthcare of Ontario Pension Plan (HOOPP) and Clal. “Virtual care has shown great promise, but audio-video options still fail to deliver the value of a doctor’s appointment and ultimately earn the trust of patients. As TytoCare continues to grow, we hope to help more people experience clinic-quality care from home, and help unlock the potential of remote care,” said Dedi Gilad, Co-Founder and CEO at TytoCare. “This new funding will allow us to deepen TytoCare’s offerings as we continue to roll out our Home Smart Clinic and develop next-generation AI capabilities.” TytoCare’s Home Smart Clinic is the only virtual care solution on the market that can replicate the doctor’s office in the home. The solution combines TytoCare’s FDA-cleared handheld remote examinati...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Barry Arbuckle Clal Dedi Gilad Health IT Funding Health IT Fundings Health IT Investment Healthcare of Ontario Pension Plan Home Smart Clinic HOOPP Insight Partners MemorialCare TytoCare Source Type: blogs