Covacare

Bengaluru, India Founded: 2017 • Age: 9 yrs
Provider of real time monitoring platforms
Annual revenue - Latest available
Total funding $47,609 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Covacare

Covacare is a company based in Bengaluru (India) founded in 2017. Covacare has raised $47.61 thousand across 1 funding round from investors including Sandhya Sumithran.

  • Headquarter Bengaluru, India
  • Sectors
    Healthcare
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Cova Medicare Private Limited
  • Date of Incorporation 08 Sep, 2017
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$9.17 K (USD)
    -84
    as on Mar 31, 2022
  • EBITDA
    -$9.13 K (USD)
    -85
    as on Mar 31, 2022
  • Total Equity Funding
    $47.61 K (USD)

    in 1 rounds

  • Latest Funding Round
    $47.61 K (USD), Angel Round

    May 11, 2021

  • Investors
  • Employee Count
    Not available
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Funding Insights of Covacare

Covacare has successfully raised a total of $47.61K through 1 strategic funding round. The most recent funding activity was a Angel Round of $47.61 thousand completed in May 2021. 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.

Investors in Covacare

Covacare has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Sandhya Sumithran.

All
Angel
Investor Description Founded Year Domain Location

Sandhya Sumithran

-
Locked Locked Locked
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Investor details for Covacare

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Investments & Acquisitions by Covacare

Investments
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Investment portfolio details for Covacare

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Financial Statements - Covacare

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Detailed financials for Covacare

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  • Historical revenue
  • Profit trends
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Covacare Comparisons

Covacare Primary company
Description
Provider of real time monitoring platforms
Location
Bengaluru, India
Founded Year
2017
Annual Revenue
Not available
Net Profit
-$9.17 K (USD)
EBITDA
-$9.13 K (USD)
Employees
Not available
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Peer comparison for Covacare

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Competitors of Covacare

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Detailed competitors of Covacare

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  • Domains and locations
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Latest news on Covacare

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Complete news archive for Covacare

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Frequently Asked Questions about Covacare

Covacare was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Covacare is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Covacare is a funded company, having raised a total of $47.61K across 1 funding round to date.

Covacare was founded in 2017 and is based in Bengaluru, India. Operations focus on the healthcare sector, where AI-based platforms are developed for real-time patient monitoring. Predictive analysis of symptoms is enabled for conditions such as sepsis and hypokalemia. Vital signs, medication usage, and abnormality alerts are tracked, particularly in emergency care settings, to support clinical decision-making.

Covacare has 1 investor. Key investors include Sandhya Sumithran.

The valuation of Covacare is $434.39K as of May 2021.

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