Key Takeaways
- • Kivo Health, a Seattle-based AI-powered virtual care company focused on seniors with chronic disease, announced an oversubscribed $10 million Series A round.
- • Allumia Ventures led the round, with participation from Corewell Health Ventures, Y Combinator, Heuristic Capital and MassMutual Ventures.
- • The raise brings Kivo's total funding to more than $16 million, according to the company's announcement.
- • Proceeds will fund national expansion and development of Kivo's AI-powered care platform.
Summary
The financing brings Kivo's total funding to more than $16 million. The company said the capital will accelerate its national expansion and the development of its AI-powered care platform.
The primary source available for this story is a brief excerpt of the company's announcement, which describes Kivo as tackling one of the biggest challenges in senior chronic care but does not provide further detail on its clinical outcomes, pricing, or customer base. Readers should treat the figures above as company-reported.
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