What is Cardi/o?
Cardi/o is a healthtech company focused on reducing COVID-19 virus transmission through a non-contact health monitoring system designed for assisted living environments. Their Cardi/o® Distress + Alerts system aims to promote value-based care by delivering the right care at the right time. The company's smart healthtech solutions are engineered to be economically sustainable while safeguarding the autonomy, independence, and privacy of residents, positioning them as a key player in the evolving elder care technology sector.
How much funding has Cardi/o raised?
Cardi/o has raised a total of $337K across 2 funding rounds:
Debt
$150K
Debt
$187K
Debt (2020): $150K with participation from PPP
Debt (2021): $187K led by PPP
Key Investors in Cardi/o
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Cardi/o?
With substantial late-stage funding, Cardi/o is poised for significant scaling and market expansion. The recent strategic investment suggests strong confidence from backers in the company's technology and business model. This capital infusion will likely be directed towards enhancing product development, expanding sales and marketing efforts, and potentially forging new partnerships within the healthcare ecosystem. Cardi/o's focus on privacy-preserving, economically sustainable health monitoring aligns with growing demands for advanced, resident-centric care solutions, indicating a promising trajectory for future growth and impact.
See full Cardi/o company page
