About Cherish Health
Cherish Health is a company based in Cambridge (United States) founded in 2011 by Rosy Leo and Sumit Nagpal.. Cherish Health has raised $26 million across 1 funding round. Cherish Health offers products and services including Home Safety Service. Cherish Health operates in a competitive market with competitors including Ekso Bionics, Endotronix, SafelyYou, Intuition Robotics and Nobi, among others.
- Headquarter Cambridge, United States
- Founders Rosy Leo, Sumit Nagpal
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Cherish Health, Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26 M (USD)
in 1 rounds
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Latest Funding Round
$26 M (USD), Unspecified
Mar 28, 2024
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Investors
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Employee Count
Employee Count
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Products & Services of Cherish Health
Cherish Health offers a comprehensive portfolio of products and services, including Home Safety Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for enhancing home safety through monitoring tools
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Funding Insights of Cherish Health
Cherish Health has successfully raised a total of $26M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $26 million completed in March 2024. 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 1
- Last Round Unspecified — $26.0M
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First Round
First Round
(28 Mar 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Unspecified - Cherish Health | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Cherish Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cherish Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cherish Health Comparisons
Competitors of Cherish Health
Cherish Health 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 Ekso Bionics, Endotronix, SafelyYou, Intuition Robotics and Nobi, 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 |
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| domain | founded_year | HQ Location |
Exoskeletons for medical rehabilitation and industrial productivity are provided.
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| domain | founded_year | HQ Location |
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
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| domain | founded_year | HQ Location |
AI-based fall detection and prevention technology is provided for clinics.
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| domain | founded_year | HQ Location |
AI-based social robots are provided as companions for the elderly.
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| domain | founded_year | HQ Location |
Smart lamp for elderly fall detection is provided.
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| domain | founded_year | HQ Location |
Developer of non-invasive hemodynamic monitoring devices
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cherish Health
Frequently Asked Questions about Cherish Health
When was Cherish Health founded?
Cherish Health was founded in 2011 and raised its 1st funding round 13 years after it was founded.
Where is Cherish Health located?
Cherish Health is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of Cherish Health?
Sumit Nagpal is the current CEO of Cherish Health. They have also founded this company.
Is Cherish Health a funded company?
Cherish Health is a funded company, having raised a total of $26M across 1 funding round to date. The company's 1st funding round was a Unspecified of $26M, raised on Mar 28, 2024.
What does Cherish Health do?
Cherish Health was founded in 2011 and is based in Cambridge, United States. Operations focus on the health technology sector, where AI-based biosensor patches are developed for monitoring elderly individuals. Services include remote health tracking through wearable devices, aimed at supporting caregivers and healthcare providers. The company is led by co-founders Sumit Nagpal as CEO and Rosy Leo as CTO, with activities centered on improving elderly wellness outcomes.
Who are the top competitors of Cherish Health?
Cherish Health's top competitors include Endotronix, Ekso Bionics and SafelyYou.
What products or services does Cherish Health offer?
Cherish Health offers Home Safety Service.