What is Cardi/o?
Cardi/o is a healthtech innovator dedicated to reducing virus transmission through its non-contact health monitoring system designed for assisted living environments. The company's technology, Cardi/o® Distress + Alerts, aims to deliver value-based care by providing the right care at the right time, ensuring economic sustainability while safeguarding resident autonomy, independence, and privacy. This smart healthtech solution addresses critical needs in elder care and public health.
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
What's next for Cardi/o?
With the recent influx of capital, Cardi/o is poised to significantly scale its operations and enhance its market penetration. The large-scale, late-stage funding suggests a strategic focus on expanding its technological capabilities, increasing its sales and distribution networks, and potentially exploring new market segments within the broader healthcare industry. This investment is indicative of strong investor confidence in Cardi/o's mission and its potential to revolutionize health monitoring in assisted living.
See full Cardi/o company page
