New startup Tomorrow Health emerged from stealth today, led by former Oscar Health executive Vijay Kedar and Casper co-founder Gabriel Flateman, with a$7.5 million seed round led by Andreessen Horowitz. The goal of the brand-new company is to resolve a specific element of house health care– access to the typically complicated and regularly difficult to navigate world of in-home health care resources consisting of equipment and products. Tomorrow Health aims to take the issue out of the procedure of securing items instrumental in looking after patients in the house, including gear like orthotic assistances, movement devices like wheelchairs and walkers, CPAP makers and other respiratory hardware, and far more. The company was born out of founder Kedar’s own personal experience handling the care of his mom during a severe disease, and aims to connect insurers with clients in a way that takes all the uncertainty out the procedure and introduces openness that implies clients comprehend what they’re getting, and what they’re spending for. In a post revealing the company, Kedar notes that part of the factor he saw a need for this business now is the growing percentage of Americans who are opting to “age in location “at home, instead of look for an assisted living facility. That, combined with the modifications that will result from the ongoing COVID-19 pandemic, could position anything that improves at-home care enhancements for big growth and adoption over the next few years. Already, we’re seeing healthcare companies that are focused on frontline and primary care shift to adopt more remote automobile practices. Forward, a clinic startup from SF
Healthcare involves a number of interoperating pieces, and devices supply is one of the pieces that has actually experienced the least quantity of modernization and tech-focused development, so it’s great to see a startup emerge to try to tackle this piece and adjust it to the fast-changing care landscape in the coronavirus period.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.