How much did PhotoniCare raise?

PhotoniCare raised $1.25 Million in a Seed round on July 22, 2022.

Who are the decision-makers at PhotoniCare?

Fundz holds 2 contacts at PhotoniCare, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Photoni Care reported raising $1.25 Million in an initial SEC Form D filing, from an offering of $3 Million

PRIVATEAug 04, 2022$1.3M of $3M raised

Amount Raised

$1.25 Million

$1.25 Million sold, per SEC Form D (first sale Jul 22, 2022)

Round Type

Seed

ChampaignHealthcare

Quick answer

PhotoniCare raised $1.25 Million in a Seed round, dated July 22, 2022. PhotoniCare is based in Champaign, Illinois, United States.

How much did PhotoniCare raise?: PhotoniCare raised $1.25 Million in a Seed round on July 22, 2022.
What does PhotoniCare do?: PhotoniCare was founded out of a shared passion to develop a superior solution for middle ear issues, primarily in children.
Where is PhotoniCare based and how big is it?: PhotoniCare is based in Champaign, Illinois, United States.
Who are the decision-makers at PhotoniCare?: Fundz holds 2 contacts at PhotoniCare, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Healthcare around the same time

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

LumiThera raised $10M (Seed) on September 5, 2022.
Monteris Medical raised $14M on September 2, 2022.
Brijjit Medical raised $1.2M (Seed) on September 2, 2022.
Riva Health raised $7.3M on September 2, 2022.
KENTUCKY I LITHOTRIPSY raised $60K (Pre-Seed) on September 2, 2022.
Bainbridge Health raised $3.4M (Seed) on September 2, 2022.

Who to call at PhotoniCare, and when

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Company Information

Company

PhotoniCare

Location

2800 Meridian Parkway

Champaign, Illinois, United States

About

PhotoniCare was founded out of a shared passion to develop a superior solution for middle ear issues, primarily in children. With $10 billion spent annually to manage ear infections, and a documented 50% misdiagnosis rate for primary care physicians, current tools used to diagnose fluid in the middle ear fail to reliably interpret the patient’s condition. The FDA-cleared OtoSight™ Middle Ear Scope by PhotoniCare is a clinical diagnostic tool designed to eliminate subjectivity and speculation with a non-invasive and comprehensive assessment of middle ear fluid. OtoSight™ is indicated to not only visualize the presence of fluid, but also the fluid’s density, even in the presence of earwax. As a result, the simple-to-use OtoSight™ Middle Ear Scope has a 90+% reader accuracy in determining the presence or absence of fluid in the middle ear. Clinicians that have had an opportunity to use OtoSight™ consider it a game-changer. This is further demonstrated by multiple best-in-show product awards and over 20 supporting clinical publications. With OtoSight™, PhotoniCare makes the otherwise invisible visible while effectively informing a successful treatment plan like never before.

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Related People

2 contacts

Verified contactsRyan S., Executive Officer, Director hiddenSee plans and pricing

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

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