About Cercare Medical
Cercare Medical is a company based in Aarhus (Denmark) founded in 2013.. Cercare Medical has raised $7.82 million across 11 funding rounds from investors including European Union, West Hill Capital and EIC Fund. The company has 29 employees as of November 30, 2024. Cercare Medical operates in a competitive market with competitors including Ceribell, INBRAIN Neuroelectronics, BrainScope, Mynd Analytics and Beacon Biosignals, among others.
- Headquarter Aarhus, Denmark
- Employees 29 as on 30 Nov, 2024
- Stage Minicorn
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
$-2.66 M (USD)-328as on Dec 31, 2022
-
EBITDA
-
Total Equity Funding
$7.82 M (USD)
in 11 rounds
-
Latest Funding Round
$7.77 M (USD), Series A
Mar 05, 2025
-
Investors
European Union
& 2 more
-
Employee Count
29
as on Nov 30, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of Cercare Medical
Cercare Medical has successfully raised a total of $7.82M across 11 strategic funding rounds. The most recent funding activity was a Series A round of $7.77 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series A — $7.8M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - Cercare Medical | Valuation | West Hill Capital |
|
| Apr, 2021 | Amount | Grant - Cercare Medical | Valuation |
investors |
|
| Sep, 2020 | Amount | Seed - Cercare Medical | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cercare Medical
Cercare Medical has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, West Hill Capital and EIC Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Growth-stage venture capital investments are provided by West Hill Capital.
|
Founded Year | Domain | Location | |
|
Government agency and accelerator focusing on innovative startups and SMEs
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Cercare Medical
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Cercare Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cercare Medical Comparisons
Competitors of Cercare Medical
Cercare Medical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ceribell, INBRAIN Neuroelectronics, BrainScope, Mynd Analytics and Beacon Biosignals, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Portable EEG devices for point-of-care seizure diagnosis are provided.
|
|
| domain | founded_year | HQ Location |
AI-based neuroelectronic devices for brain disorder detection are developed.
|
|
| domain | founded_year | HQ Location |
Developer of AI-driven EEG platform transforming brain electrical activity into insights
|
|
| domain | founded_year | HQ Location |
Provider of reference data and analytic tools for clinicians and researchers in psychiatry.
|
|
| domain | founded_year | HQ Location |
AI-based EEG analysis is provided for healthcare providers.
|
|
| domain | founded_year | HQ Location |
Neurostimulation devices for opioid withdrawal symptoms are developed.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Cercare Medical
Frequently Asked Questions about Cercare Medical
When was Cercare Medical founded?
Cercare Medical was founded in 2013.
Where is Cercare Medical located?
Cercare Medical is headquartered in Aarhus, Denmark.
Who is the current CEO of Cercare Medical?
Jeppe Ovli Ovlesen is the current CEO of Cercare Medical.
Is Cercare Medical a funded company?
Cercare Medical is a funded company, having raised a total of $7.82M across 11 funding rounds to date. The company's 1st funding round was a Seed of $13.91K, raised on Oct 16, 2013.
How many employees does Cercare Medical have?
As of Nov 30, 2024, the latest employee count at Cercare Medical is 29.
What does Cercare Medical do?
Cercare Medical was founded in 2013 in Aarhus, Denmark, within the health technology sector. Diagnostic software tools are designed and developed to support clinicians in assessing stroke effects. A portfolio of patented technologies is maintained, including methods for perfusion index calculation, computer-assisted tissue lesion delineation, and tissue outcome prediction. Operations focus on acute stroke management solutions.
Who are the top competitors of Cercare Medical?
Cercare Medical's top competitors include Ceribell, INBRAIN Neuroelectronics and BrainScope.
Who are Cercare Medical's investors?
Cercare Medical has 3 investors. Key investors include European Union, West Hill Capital, and EIC Fund.
What is Cercare Medical's valuation?
The valuation of Cercare Medical is $12.32M as of Sep 2020.