Cloudphysician Healthcare raised $10.5M in a Series A round led by Peak XV Partners to expand its operations and enhance its AI platform
Jun 25, 2024•about 1 year ago
Amount Raised
$10.5 Million
Investors
Panthera PeakElevar EquityPeak Xv Partners
Description
Cloudphysician Healthcare has raised $10.5 million in a Series A round led by Peak XV Partners, with participation from Elevar Equity and Panthera Peak. The capital will be used to propel Cloudphysician’s growth and operations within India and expand into multiple emerging and established markets, as well as to enhance its AI platform, RADAR.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech