New Mexico-based telehealth and technology services company Electronic Caregiver announced the close of its latest funding round that raised $30 million plus a warrant exercise for a total of $42.5 million.
The new funds will help expand the company’s revenue and customer base, leading to a planned IPO within 24 months, per Mobi Health News.
The company offers remote patient monitoring and chronic care management services, a 3D virtual caregiver named Addison, advanced medical alerts and telehealth solutions.
To date, the company said it has raised $110 million in equity and $10 million in debt financing.