Cardiotrack Raises $2 Million in Pre-Series A Funding

Cardiotrack, a Bengaluru, India-based AI-backed healthcare screening provider, has raised $2 million (INR 16.5 crore) in a pre-Series A funding round.

The round was led by Girish Narasimhan, Managing Director and Principal of Corporate Finance Associates Worldwide Inc., with participation from Y S Shashidhar, Advisor at Dubai Holdings LLC.

The company will utilize the funding to expand its offerings to a broader range of health and life insurance providers.

Founded in 2015 by Ashim Roy and Avin Agarwal, Cardiotrack specializes in offering healthcare screening technology and services to health and life insurance providers. The company provides telemedicine kits, screening technologies, and data analytics solutions. Currently, it serves nine health and life insurance companies, including most of the largest insurers in India.

Funding Details

Company: Uber Diagnostics Private Limited

Raised: $2.0M

Round: Pre-Series A

Funding Month: March 2024

Lead Investors: Girish Narasimhan

Additional Investors: Y S Shashidhar

Company Website: https://cardiotrack.io/

Software Category: Healthcare