KixCare, a pediatric virtual care platform, raised $2 million in seed funding.
Esplanade Ventures led the round with participation from Horizon Capital and angel investors.
According to KixCare, proceeds from the seed round will facilitate the expansion and enhance the company’s platform, adding complementary healthcare services and implementing additional features to improve the pediatric care experience.
“The reception to KixCare’s launch this summer has demonstrated that Canadian families are ready to embrace digital options for pediatric care,” said Daniel Warner, CEO of KixCare.
“Our company’s cofounders are not just doctors, but parents and grandparents too. As a result, we understand how the current model of children’s healthcare often fails to meet the needs of both families and providers. We could not be more excited to grow, develop and scale KixCare, and to introduce Canadian families to the future of children’s healthcare.”
KixCare’s virtual healthcare platform focused on children’s healthcare. According to the company, its platform gives families secure, virtual consultations with pediatricians, who receive real-time patient information to aid their diagnosis.
KixCare also provides parents with access to allied health specialists across various disciplines, across critical areas such as mental health, concussion, and sleep, diet, and lactation concerns.
“We are pleased to support KixCare in pursuing its vision of delivering accessible, high-quality, virtual pediatric care,” stated Dr. Sheldon Elman, Esplanade Ventures’ Chairman.
Telehealth companies raised a record $5 billion in 1H 2021, a 150% increase year-over-year compared to $2 billion raised in 1H 2020, according to the recently released Mercom’s 1H 2021 Digital Health Funding and M&A Report. Brave Care, a pediatric primary and urgent care medical platform, raised $25 million led by Mednax.