GoCheck, a digital vision screening app for children, announced an investment round of $10 million to grow its team, platform, and customer partnerships.
Hatteras Venture Partners and Pisgah Fund (affiliated with HCA) co-led the round, with new investors CU Healthcare Innovation Fund (affiliated with the University of Colorado) and WakeMed Hospitals Innovation Venture Fund, and existing investors Marc Benioff (Founder/CEO of Salesforce), Interwest Partners, FCA Venture Partners, Sovereign’s Capital, and Mucker Capital participating.
“The research is clear, so much in a child’s life is transformed when they can see well – their confidence, relationships, learning, and eventual educational and financial outcomes,” said Kevon Saber, GoCheck’s CEO.
Kevon Saber added: “We are striving for a future where everyone everywhere can see and fulfill their potential, and children, parents, and providers are no longer in the dark. This financing is a step toward this brighter future and a testament to both the massive unmet need for pediatric vision screening and the resolve of GoCheck’s teammates.”
GoCheck offers a digital vision screening app that serves pediatric teams to prevent vision impairment, the most prevalent disabling condition among children.
According to the company, 6,500 pediatric teams across hospitals, private practices, schools, and screening organizations in the US have used its app to screen 5 million patients.
“In our primary care practices at Nemours, we’ve found that when we bring together clinical quality and advanced technology, we can deliver state-of-the-art healthcare more efficiently to reduce friction and create a better patient care experience. GoCheck Kids is doing that with a solution that provides exceptional clinical results with a high return on investment,” said Dr. Jonathan Miller, Medical Director of Value-Based Care for Nemours Children’s Health System.
“GoCheck Kids’ artificial intelligence breakthroughs have finally enabled pediatric providers to avoid both upfront capital investment for vision screening and the tragedy of permanent vision loss in children,” said John Crumpler, General Partner at Hatteras Venture Partners. “We believe GoCheck’s team has the potential to revolutionize vision care in America and the rest of the world by accelerating access and equity, and also lower health care costs.”
mHealth Apps raised a record $1.6 billion in venture funding in 1H 2021, a 100% increase year-over-year, according to the recently released Mercom’s 1H 2021 Digital Health Funding and M&A Report. Ada Health, an AI-powered symptom assessment, and care navigation app, raised $90 million in Series B funding.