What is Respacare?
Respacare operates as a state-of-the-art pulmonary and sleep medicine practice based in Bridgewater, New Jersey. The practice offers comprehensive services for sleep disorders, breathing issues, and allergy testing, catering to patients aged 18 and older. Led by board-certified physicians Dr. Nehal Mehta and Dr. Prashant Patel, Respacare emphasizes compassionate, unrushed appointments and detailed treatment plan discussions. The integration of telehealth services and remote patient monitoring highlights their commitment to accessible and personalized care for individuals managing conditions like insomnia, sleep apnea, and other pulmonary disorders.
How much funding has Respacare raised?
Respacare has raised a total of $267K across 2 funding rounds:
Debt
$150K
Debt
$117K
Debt (2020): $150K with participation from PPP
Debt (2021): $117K led by PPP
Key Investors in Respacare
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Respacare?
With the recent strategic investment, Respacare is poised to expand its service offerings and potentially enhance its technological infrastructure. The substantial capital infusion, indicated by the $267K total funding, suggests a focus on scaling operations, possibly through increased patient capacity, broader telehealth reach, or the development of new diagnostic and treatment modalities. This late-stage funding positions Respacare for significant market penetration and continued leadership in pulmonary and sleep medicine.
See full Respacare company page
