Thursday, 20 June 2019

Tyto Care adds $9M to series C

18 January 2019 | News

The oversubscribed Series C was led by Ping An Global Voyager Fund, run by the Chinese financial conglomerate.

Image credit- sfmagazine.com

Image credit- sfmagazine.com

Tyto Care, a telehealth company that enables physicians to conduct on-demand remote exams, announced that it has added $9 million to its Series C, bringing the round’s total to $33.5 million.

The new funding comes from strategic investors Sanford Health, Itochu, and Shenzhen Capital Group. First announced last year, the oversubscribed Series C was led by Ping An Global Voyager Fund, run by the Chinese financial conglomerate.

Itochu, Shenzhen Capital Group, and Sanford Health, the largest rural not-for-profit health care system in the United States, will serve as Tyto’s new strategic partners as it expands in Japan, China, and the U.S., its largest market. The New York, Israel based company has now raised $54 million to date.

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