Tricog, one of the world’s largest healthcare analytics firms, as a part of its Series B funding, has raised $10.5 million, bringing the total funding to $17.5 million; the investment comes two years after Tricog’s Series A funding. Led by prominent institutes such as The University of Tokyo Edge Capital (UTEC), Aflac Ventures, TeamFund, Dream Incubator and more, the firm is now poised to further enhance its solutions to assist in delivering superior healthcare for remote patient monitoring and to establish a strong presence in Asia and Africa, including India, Japan & China.
Founded in 2015 by Dr Charit Bhograj, Dr Zainul Charbiwala, Dr Udayan Dasgupta, and Abhinav Gujjar, Tricog leverages its deep medical and technical expertise, to provide Virtual Cardiology Services to remote clinics, powered by ground-breaking AI and medical experts. The firm offers an AI-based platform that is used by 3 million patients globally for wellness, screening and diagnosis of acute as well as chronic heart diseases.
“Tricog’s solution in low resource settings is a game-changer by allowing not only instant ECG and Echo readings without a Cardiologist present but also the ability to immediately detect life-threatening situations such as heart attacks, allowing appropriate care to be administered in a timely manner,” said Yousuf Mazhar, Partner at TeamFund.
Tricog’s Insta ECG platform has been deployed in over 2,500 Cathlabs, Hospitals, Clinics and Diagnostic Centres to help diagnose and manage patients with critical cardiac diseases, including heart attacks. The platform has been deployed across both government and private health care networks and has demonstrated a significant reduction in mortality and morbidity.
Armed with such a robust platform, Tricog quickly gained traction and expanded its offerings to 12 countries in South-East Asia and Africa. “We have witnessed phenomenal growth from our initial investments, both in terms of footprints in new geographies as well as revenue growth. Through this round of investment, we reinforce our commitment to strengthen our AI-powered platform for faster diagnosis, expand our product line and establish a strong presence in Africa and Asia including India, China and Japan,” said Dr Charit Bhograj, CEO & Founder of Tricog.