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HomeFunding NJ-based HealthArc Secures $5Million in Growth Funding

[Funding alert] NJ-based HealthArc Secures $5Million in Growth Funding

HealthArc, a company which specializes in virtual healthcare secures $5million in growth funding. Lead investor ScOp Venture Capital led the round, which also included angel investors Hari Raghavan, Saurya Prakash Sinha, Charlie Aaronson, and Max Aaronson. Original Capital, Dream Capital, and Correlation Ventures also participated.

HealthArc, a company which specializes in virtual healthcare secures $5million in growth funding. Lead investor ScOp Venture Capital led the round, which also included angel investors Hari Raghavan, Saurya Prakash Sinha, Charlie Aaronson, and Max Aaronson. Original Capital, Dream Capital, and Correlation Ventures also participated.

Leading figure in the software sector Kevin O’Connor joined the board of HealthArc. He founded DoubleClick, which is currently a part of Google’s portfolio. The money will be used by the business to expand its operations and enhance its care management platform.

It, a company founded by Sudeep Singh Bath, offers a unified care management platform with a variety of virtual programmes, such as behavioural health integration (BHI), principal care management (PCM), chronic care management (CCM), remote patient monitoring (RPM), and remote therapeutic monitoring (RTM).

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It works with more than 50 medical devices that are used to treat different chronic illnesses; it supports wearable, cellular, Bluetooth, and continuous devices made by top manufacturers. Patients and healthcare providers may get a single data experience thanks to this connectivity.

With this funding, Dream Capital’s original $550K investment in HealthArc has grown to a total of $5.55M.

About Healtharc

HealthArc provides cutting edge digital health products that make hospital-at-home accessible anywhere, at any time, improving patient outcomes and decision-making. HealthArc is a pioneer in offering digital health solutions for remote care management, with thousands of active users.

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