04 Aug 2023

TytoCare raises $49M in growth financing for virtual care platform

TytoCare, a virtual care company, raised $49 million in growth financing, bringing its total funding to $205 million. 


The company's CEO, Dedi Gilad, aims to address the low trust and adoption rates of traditional telehealth services. TytoCare's Home Smart Clinic platform allows patients to conduct remote physical exams at home using an FDA-cleared handheld device with AI guidance. 


The platform provides diagnostic support, and the company's tech stack is seen as more robust than its competitors, which mainly rely on video visits. 


TytoCare serves 220 health systems and health plans worldwide and equips them with metrics to measure the success of their virtual care programs.


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