Business Wire India
CortiqaHealth announces securing Angel investment from a group of marquee US investors, together with seed funding from founding members. CortiqaHealth would be raising a bridge round in the next quarter, to support the Product Validation and Go-to-Market efforts.
CortiqaHealth's mission is to create a healthier community and aims to achieve it by democratizing wellness with computer vision and deep learning. It has secured an Angel investment of USD 1 Million from a group of marquee US investors.
In current times, lack of awareness on wellness, low priority of healthcare, limited access to diagnostics, high dependency on healthcare workforce for health assessments, the urban rural healthcare divide, affordability gap, inconsistent monitoring of wellness and lack of a holistic view on wellness have been further exacerbated by the recent pandemic. With emphasis on technology, integration of human expertise and passion for wellness, a group of serial entrepreneurs, unicorn executives, private equity professionals, healthcare IT, wellness, and manufacturing executives, have come together to create CoHeal (www.coheal.ai).
CoHeal is a non-invasive, quantitative point of care testing platform using smartphones.
"CortiqaHealth' s team of talented professionals are on a mission to enable accessible, affordable care," says Richard Atkin, Healthcare Industry Veteran and Key Investor in CortiqaHealth. Adding on, Atkin further emphasizes, "Their innovative CoHeal platform will transform health, wellness and care for underserved communities."
Bhaskar Appacudal, Healthcare IT Executive, Founding Member and Chief Architect at CortiqaHealth, says, "With emphasis on the pre-ambulatory segment, CoHeal is democratizing wellness and empowering users by enabling early access to their wellness data."
About CortiqaHealth Pvt. Ltd.
CortiqaHealth is building CoHeal, an Enterprise Wellness platform aimed at being a key enabler to healthier lifestyles, by making wellness accessible, affordable, and easy to use.
For more information, visit: www.coheal.ai
About Richard Atkin
Richard Atkin is currently Executive Chairman of the Board at Greenway Health. Richard has over 30 years of experience as an executive for healthcare, technology, and software companies, and serves as an operating principal at Vista Equity Partners. At this capacity, Richard served on the boards of numerous Vista companies, partnering with CEOs to charter their companies' strategies and growth. He previously served as the president of Vista Consulting Group. Prior to joining VCG, Richard was CEO of Sunquest Information Systems Inc., a market leading provider of hospital laboratory information systems. Richard holds a Bachelor of Science degree in Physics and Electronic Materials from Bangor University and a Master of Business Administration from Imperial College, London.
About Bhaskar Appacudal
With over 3 decades of IT Industry experience, Bhaskar Appacudal was associated with Vista for over 16 years and most recently as Managing Director of APAC overseeing the creation of CoEs for Vista portfolio companies. Prior to this role, Bhaskar was CTO at Aptean, responsible for overseeing the global development of Aptean products. Bhaskar was also the CTO at Sunquest, heading the Global Innovation Center of Excellence. Bhaskar set up and managed the offshore software development activities for Apple in India. Prior to Apple, as part of his assignment at IBM, Bhaskar has worked in the U.S, Australia, Singapore, and Indonesia. Bhaskar holds a Bachelor of Engineering degree in Electronics and Communications from PSG Tech, and a Master of Science in Computer Engineering from Michigan Tech, Michigan, USA.
Bengaluru, Karnataka, India