Remote patient monitoring platform Summer Health received a seed investment of 7.5 million dollars . The $7.5 million investment round was led by Alfred Lin of Sequoia Capital and Deena Shakir of Lux Capital. Other participants in the seed investment round included Tur, Box Group, Metrodora Ventures, Shrug Capital, Springbank Collective, Coalition Operators, Moving Ventures.
The company, which started operations in 2021, is basically described as a messaging platform. The platform that provides communication between pediatricians and their families was founded by Ellen DaSilva. DaSilva was inspired by the problem she had with her two-year-old son. Parents contact doctors within 15 minutes. Doctors offer advice on the diagnosis, follow-up and treatment of diseases such as Covid-19, colds, stomachaches, eating disorders, and earaches 24/7.
Companies focused on children began to attract the attention of investors. Kiddo, which appeared as a startup that offers wearable devices, parent coaching and telehealth services for children last January, announced that it has received a new investment . According to the information conveyed by Kiddo, the venture received an investment of $ 16 million in the A series investment round. Kiddo’s $16 million Series A funding round was led by Clearlake-Capital, backed by Vive. Apart from Clearlake-Capital, Wavemaker 360, Wavemaker Asia Pacific, Mojo Partners and Techstars also participated in the investment tour. Kiddo’s valuation was not disclosed.
Last March, pediatric mental health startup Brightline came up with a $105 million investment, raising its valuation to $705 million . US-based Brightline has been offering medication and virtual therapy for anxiety and depression to individuals aged 13-19 since 2018. It allows users to make weekly video calls.