CancerAid valued at $4.25m after welcoming seed funding from strategic investors - Dynamic Business

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Summary

CancerAid has closed a $1.25 million Seed B round and lifted its total valuation to $4.25 million. The Sydney healthtech startup builds an app that helps patients manage their cancer journey and lets clinicians monitor progress remotely. The product already has customers in Australian hospitals and has added its first international customer in Hong Kong. The company plans to expand the platform to other chronic diseases and has released an iPhone version in the Apple App Store.

$ Funding

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Amount $951.5K Total raised
Date August 24, 2016 Announcement date
Investors Clinton Capital Partners Lead investors
Company http://www.osarahealth.com Funded company

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