About Kandu
Kandu is a company based in New York (United States) founded in 2013.. Kandu has raised $32.4 million across 2 funding rounds from investors including Betaworks, Ally Bridge Group and AMED Ventures. Kandu offers products and services including IpsiHand Device and Telehealth Services. Kandu operates in a competitive market with competitors including codeSpark, Kano, RosieReality, CuriousJr and Hopscotch, among others.
- Headquarter New York, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
- Legal Name Kandu, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32.4 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series A
Apr 08, 2025
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Investors
Betaworks
& 2 more
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Employee Count
Employee Count
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Products & Services of Kandu
Kandu offers a comprehensive portfolio of products and services, including IpsiHand Device and Telehealth Services. 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.
Brain-computer interface for regaining hand function after stroke.
Personalized recovery support to aid stroke survivors at home.
Funding Insights of Kandu
Kandu has successfully raised a total of $32.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in April 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 2
- Last Round Series A — $30.0M
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First Round
First Round
(01 May 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series A - Kandu | Valuation | Ally Bridge Group , AMED Ventures |
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| May, 2013 | Amount | Seed - Kandu | Valuation |
investors |
| 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 |
Investors in Kandu
Kandu has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Betaworks, Ally Bridge Group and AMED Ventures. 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 |
|---|---|---|---|---|
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Investing in creators, organizing AI events, and building community in New York.
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Founded Year | Domain | Location | |
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Private equity and hedge fund investments in healthcare are managed.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kandu
| 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 - Kandu
| 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 |
Kandu Comparisons
Competitors of Kandu
Kandu 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 codeSpark, Kano, RosieReality, CuriousJr and Hopscotch, 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 |
Gamified coding lessons are provided to children in grades 4-9.
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| domain | founded_year | HQ Location |
Coding skills are developed in children through interactive online activities.
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| domain | founded_year | HQ Location |
Delivers innovative apps for learning robotics comprehensively.
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| domain | founded_year | HQ Location |
Mobile-based platform providing coding-related learning solutions
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| domain | founded_year | HQ Location |
Programming is facilitated for children via drag-and-drop code blocks.
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| domain | founded_year | HQ Location |
Offers a mobile app that enables children to create their own stories and games through programming.
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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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Frequently Asked Questions about Kandu
When was Kandu founded?
Kandu was founded in 2013.
Where is Kandu located?
Kandu is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Kandu?
Leo Petrossian is the current CEO of Kandu.
Is Kandu a funded company?
Kandu is a funded company, having raised a total of $32.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.4M, raised on May 01, 2013.
What does Kandu do?
Kandu was founded in 2013 in New York, United States, operating in the health technology sector focused on neurological rehabilitation. Stroke recovery services are provided through integration of brain-activated therapy and personalized telehealth, including a clinically validated, FDA-cleared brain-computer interface device for regaining hand function after strokes or brain injuries. Operations emphasize home-based delivery to support patient outcomes and reduce rehospitalization.
Who are the top competitors of Kandu?
What products or services does Kandu offer?
Kandu offers IpsiHand Device and Telehealth Services.
Who are Kandu's investors?
Kandu has 3 investors. Key investors include Betaworks, Ally Bridge Group, and AMED Ventures.