Startup that targets home health care raises $7M

Health-tech startup Dina raised another $7 million, as COVID-19 boosts demand for technology that allows health care providers to better monitor patients at home.

Its app helps caregivers coordinate patient care. The company recently developed a chatbot-texting product that allows health care providers to more easily check in with patients. Customers include hospitals and home health care providers, as well as insurers.

The Chicago-based company tripled revenue over the past year, says CEO Ashish Shah, though he declined to specify the amount. He plans to double the staff of about 25 and roll out the company’s products nationally.

Dina launched as Prepared Health in 2015. The latest funding was led by Osage Venture Partners in suburban Philadelphia, along with previous investors, including Chicago-based Chicago Ventures and Pritzker Group Venture Capital, and First Trust Capital Partners in Wheaton. The company previously raised $4 million.

Dina launched as Prepared Health in 2015. The latest funding was led by Osage Venture Partners in suburban Philadelphia, along with previous investors, including Chicago-based Chicago Ventures and Pritzker Group Venture Capital, and First Trust Capital Partners in Wheaton. The company previously raised $4 million.

Source: https://www.chicagobusiness.com/john-pletz-technology/startup-targets-home-health-care-raises-7m