CliniCloud Raises $5M in Funding

CliniCloud, a San Francisco, CA-based consumer health tech company, raised $5m in funding.

The round was led by Tencent and Ping An Ventures with participation from musician and investor D.A. Wallach, Kosaku Yada (Sonar Group) and other private participants.

The company intends to use the funds to launch its first product, a connected medical kit for the home, support development of future products, expand the team and enable international expansion.

Founded by physicians Dr. Andrew Lin and Dr. Hon Weng Chong, CliniCloud expects to launch a connected medical kit containing a digital stethoscope, a non-contact thermometer and a mobile app that allows patients to proactively manage their wellness at home. A comprehensive at-home medical solution for patient-centered healthcare, the kit allows users to record basic vital signs including temperature, heart and lung sounds and then send the readings to their physician of choice or consult a network of on-demand medical professionals.
The product will initially be available through CliniCloud’s website and Best Buy in North America.

The app will be available on iOS and Android from October 23.

The company also works with a number of global medical institutions on research projects involving its products, including University of California (UCSF) Medical Centre and Melbourne Royal Children’s Hospital.

FinSMEs

23/09/2015