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Kaia Health grabs $75M on surging interest in its virtual therapies for chronic pain and COPD
New York headquartered Kaia Health, which offers AI-assisted digital therapies via a mobile app for chronic pain related to musculoskeletal (MSK) disorders and for Chronic Obstructive Pulmonary Disease (COPD), has raised a $75 million Series C.
The round was led by an unnamed leading growth equity fund with support from existing investors, including Optum Ventures, Eurazeo, 3VC, Balderton Capital, Heartcore Capital, Symphony Ventures (golfer Rory McIlroy’s investment vehicle), and A Round Capital.
The funding fast-follows a $26M Series B closed last summer. The pandemic has accelerated the uptake of telemedicine, generally and Kaia has, unsurprisingly, seen a particular surge of interest in its virtual treatments.
AlleyWatch
Everything you need to need to know about the largest NYC startup funding rounds of April 2021; broken down by industry, stage, investors, and more…
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 5/1/21 featuring funding details for Automox, Honorlock, and twenty-seven other rounds that you must know about.
Like the rest of the world, patients of physical therapy were forced to adapt to a digital world, as patients grew uncomfortable with in-patient services. Patients that are not at risk for falls or suffering from movement disorders were prime candidates to continue their therapy regimens online using virtual therapy. Kaia Health is a digital therapeutics provider that combines computer vision technology with human-powered care to help patients receive treatment for their M
MedCity News
With new funding, digital physical therapy startup Kaia strikes partnerships with clinicians
Kaia Health, a startup providing app-based programs for musculoskeletal conditions and COPD, recently raised $75 million in funding. As competitors look to round out their platforms with other services, Kaia is looking to strike partnerships with clinicians.
Shares0
As competitors round out their own services, digital physical therapy startup Kaia Health is turning to partnerships with healthcare providers to help manage sore knees, achy backs and chronic pain.
The startup taps into users’ cell phone camera to guide them through physical therapy exercises and gives them feedback on if they’re doing them correctly. More recently, it began offering exercises for people with chronic obstructive pulmonary disease (COPD), a serious lung condition.
AlleyWatch
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/28/2021 featuring funding details for Ergatta, Kaia Health, and much more. This page will be updated throughout the day to reflect any new fundings.
Ergatta
$30M - Series A
Ergatta, the connect rowing fitness platform, has raised $30M in Series A funding from investors that include led by Advance Venture Partners. Founded by Alessandra Gotbaum, Tom Aulet in 2019, Ergatta has now raised a total of $35M in reported equity funding. AlleyWatch broke the news of this round in an exclusive interview with Aulet - Ergatta Raises Another $30M for its At-Home Rowing Platform That Makes Fitness Competitive