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Red.Health raises $20 million in Series B funding led by Jungle Ventures

PRIVATEMay 15, 2024

Amount Raised

$20 Million

Round Type

Series B

HyderabadHealth CareMedical

Investors

Health XHealth QuadAlteria CapitalJungle Ventures

Description

Red.Health, a medical emergency response startup, has raised $20 million in its Series B funding round. The investment was led by Jungle Ventures, with participation from Alteria Capital, HealthQuad, and HealthX. The funding will be used to innovate the product, advance technology, and expand services across multiple cities and hospitals.

Quick answer

Red.Health raised $20 Million in a Series B round, dated May 15, 2024. Investors: Health X, Health Quad, Alteria Capital and Jungle Ventures. Red.Health is based in Hyderabad, Telangana, India.

How much did Red.Health raise?
Red.Health raised $20 Million in a Series B round on May 15, 2024.
Who invested in Red.Health?
Health X, Health Quad, Alteria Capital and Jungle Ventures are named as investors in this round.
What does Red.Health do?
Red.Health is a medical emergency response startup that dispatches ambulances and works with hospital networks and corporate employers to provide ambulance services.
Where is Red.Health based and how big is it?
Red.Health is based in Hyderabad, Telangana, India.
Who are the decision-makers at Red.Health?
Fundz holds 1 contact at Red.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 Red.Health that raised within 45 days of this round, from Fundz verified event records.

  • HerMD raised $8M on June 28, 2024.
  • Route 92 Medical raised $50M on June 28, 2024.
  • Cloudphysician raised $11M (Series A) on June 25, 2024.
  • Function raised an undisclosed amount (Series A) on June 25, 2024.
  • Freyja Healthcare raised $8M (Funding Round) on June 25, 2024.
  • Lillian Care raised $1.6M (Funding Round) on June 21, 2024.

Who to call at Red.Health, and when

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

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Company Information

Company

Red.Health

Location

Hyderabad, Telangana, India

About

Red.Health is a medical emergency response startup that dispatches ambulances and works with hospital networks and corporate employers to provide ambulance services.

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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

Red.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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.