On March 15, CareDox, a New York-based company, announced a $6.4 million Series A round of financing. This round of financing was led by Digitalis Ventures, followed by First Round Capital, Giza Venture Capital, TEXO Ventures and Prolog Ventures. In April last year, CareDox received a $4.3 million investment. Among them, this round of investment equity funds TEXO Ventures and Prolog Ventures also appeared on the list as the leading investors in the previous round. To date, CareDox has received a total of $16.59 million in investments.
CareDox is a company that provides medical information records for students in the K-12 stage of American schools. K-12 education is the collective name for basic education in the United States. "K" in "K12" stands for Kindergarten (kindergarten), and "12" stands for grade 12 (equivalent to our third year of high school). “K-12†refers to education from kindergarten to grade 12, and is therefore used internationally as a general term for the basic education stage.
Founded in 2010, CareDox is the founder and CEO of Hesky Kutscher, the father of two children and a serial entrepreneur. His previous company dailyshopper. Com became shoplocal after the merger and was acquired by Tribune and Gannett in 2004. Hesky Kutscher later founded Motherknows, the predecessor of CareDox. MotherKnows is an online medical record information management software for parents to view. In 2014, it was renamed CareDox and began to provide students with medical information services for public schools.
CareDox's digital management platform documents student medical history, vaccination records, drug allergy information and special diets, and is synchronized with the student information system platform, vaccination information form and EHR electronic medical records. This digital management platform allows students to communicate health information between schools, parents and paediatricians. The greatest value of the platform is that it can be linked to the school's information system to enable immunization and medical information record registration. If the student seeks medical treatment because of illness, the school can clearly see the student's medical treatment, medication, daily visits in the ward, and achieve barrier-free communication between the hospital, the school, and the parents.
In less than a year, CareDox received two investments. During the year, the number of student records on the CareDox platform increased by 45%, and now there are more than 1.5 million students, and more than 2,000 public schools have established partnerships. After this round of financing, CareDox will use funds to continue to accelerate the construction of the company's digital medical platform, as well as expand the ecosystem of health care providers, so that more students can obtain high-quality health care.
“Public schools, especially school nurses, play a very important role in managing the health of their children,†said Hesky Kutscher, founder and CEO of CareDox. “In children, patients with chronic diseases such as asthma and diabetes are gradually becoming more and more Increasingly, parents and children rely more on health management in schools. CareDox, as a provider of medical services, connects parents and school health care providers to better understand the injections of drugs and vaccines that children take."
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