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Cherish Health seeks $30m in a Series B round after raising $26m in a private funding round.

PRIVATEMar 30, 2024

Amount Raised

$30 Million

Round Type

Series B

BostonHealth CareArtificial IntelligenceMedical

Description

Cherish Health, led by Co-founder and CEO Sumit Nagpal, has raised an impressive $26 million in a private funding round without venture capitalist assistance. Now, the company aims to secure an additional $30 million in a Series B round to reach a $200 million valuation. The company's innovative strategies and commitment to patient-centric healthcare solutions have garnered investor confidence and support.

Quick answer

Cherish Health raised $30 Million in a Series B round, dated March 30, 2024. Cherish Health is based in Boston, Massachusetts, United States.

How much did Cherish Health raise?
Cherish Health raised $30 Million in a Series B round on March 30, 2024.
What does Cherish Health do?
Cherish develops advanced ambient sensor platforms and artificial intelligence combined with medical evidence and human touch.
Where is Cherish Health based and how big is it?
Cherish Health is based in Boston, Massachusetts, United States.
Who are the decision-makers at Cherish Health?
Fundz holds 1 contact at Cherish Health. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Health Care around the same time

Companies in the same sectors as Cherish Health that raised within 45 days of this round, from Fundz verified event records.

  • SmarterDx raised $50M (Series B) on May 14, 2024.
  • Inheart raised $11M (Funding Round) on May 7, 2024.
  • AISAP raised $13M (Seed) on May 2, 2024.
  • Ikerian raised $6.2M (Series A) on May 2, 2024.
  • Trovo Health raised $15M (Seed) on April 30, 2024.
  • Klineo raised $2.2M (Seed) on April 29, 2024.

Who to call at Cherish Health, and when

A new round usually means Cherish Health is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Cherish Health raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cherish Health, from your own LinkedIn network

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Company Information

Company

Cherish Health

Location

Boston, Massachusetts, United States

About

Cherish develops advanced ambient sensor platforms and artificial intelligence combined with medical evidence and human touch. We provide in-home safety and health monitoring solutions for people aging or living with health challenges — our grandparents, parents, children, many of us. We reliably detect emergencies or rising risks to their safety and health wherever they live and get them the timely help they may need. We do this without any change in their daily routines while preserving their privacy and dignity. We bring them and their loved ones peace of mind, help them live their best lives with independence, dignity, and joy for “all of life,” and enable healthcare to come home when needed.

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Fundz sees it the moment Cherish Health raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Cherish Health raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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