Healthcare Startup Heaps Health Solutions raises $7.45 million in Series A round of funding
- ByTejika Bajaj | January 17, 2022
Healthcare startup Heaps Health Solutions has recently announced that it has raised $7.45 million in its Series A round of funding led by NVS Wealth Managers. This announcement comes at the backdrop of rising Covid cases in the country and waning investor interest in the market.
Sources reveal that the AI powered startup intends to deploy the recently infused funds to expand its pre-existing team, accelerate product development and optimization to enable diversity. Further, the startup also intends to expand its reach in existing markets as well as explore new markets for its products.
Talking about the healthcare startup and the recent announcement of fundraise, the Founder and CEO of Heaps Health Solutions, Suman Katragadda said, “Heaps aims to revolutionise healthcare delivery and payment models at a global level. We have taken utmost care, in securing the data privacy and confidentiality and we will be using the data, to turn them into actionable insights for payers, providers and patients.”
AI focused healthcare platform Heaps Health Solutions enables patient care management along with coordination. It leverages tools like data analytics, machine learning and artificial intelligence to simplify healthcare delivery and payment options. It is currently operational in India and the US and has a robust pipeline of demand from various other countries like South Africa and Bangladesh.
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