Tricog Health, a Bengaluru-based startup focused on chronic disease management, has raised $8.5 million in its Series B2 funding round, led by Omron Health Care and Sony Innovation Fund. The company aims to expand its reach to Asia and Africa and strengthen its presence in the US healthcare market with the new funding.
Tricog’s TriCare platform offers an integrated solution for the remote management of heart disease using medical data from connected devices at home and wearable devices such as the Apple Watch.
The platform enables heart patients to access healthcare services from the comfort of their homes. The company’s strategic partnerships will allow it to further address the needs of heart patients at home.
Tricog has screened 12 million patients and detected half a million serious heart patients so far. The company is presently clocking $7 million in annual recurring revenue and aims to double this figure over the next year and a half.
Charit Bhograj, CEO and co-founder of Tricog Health, said, “We are delighted to have investors on board who share our vision of bringing quality care to every heart patient in the world. With their support, we will continue to scale our operations and expand our presence in Asia, Africa, and the US.”
Tricog Health was founded in 2015 by Bhograj, Zainul Charbiwala, and Udayan Dasgupta, and focuses on leveraging technology to improve healthcare outcomes for patients with heart disease.
Tricog had previously raised $10.5 million in a Series B funding round from Japan’s University of Tokyo Edge Capital in March 2020, bringing its overall raise to $30 million. The company plans to use the latest funding to further its reach and provide quality care to heart patients globally.