About Kandu
Kandu is a Healthcare company based in New York (United States) founded in 2013. Stroke recovery services are delivered via brain-activated therapy and telehealth. Kandu has raised $32.4 million across 2 funding rounds from investors including Betaworks, Ally Bridge Group and AMED Ventures. Its chief executive, as recorded, is Leo Petrossian. Kandu offers products and services including IpsiHand Device and Telehealth Services. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its legal entity is Kandu, Inc. Its competitors include codeSpark, Hopscotch and ScratchJr; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters New York, United States
- SectorsHealthcare
- Website kandu.com
- Legal Name Kandu, Inc.
- Total Equity Funding$32.4M (USD)
in 2 rounds
- Latest Funding Round$30M (USD), Series A
Apr 2025
- InvestorsBetaworks
& 2 more
Products & Services of Kandu
Kandu offers a comprehensive portfolio of products and services, including IpsiHand Device and Telehealth Services.
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 $32.4M
- Total Rounds 2
- Last Round Series A — $30M
- First Round $2.4M
(May 2013)
- Investors Count 3
All 2 funding rounds of Kandu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $30M | Series A | – | Ally Bridge Group, AMED Ventures | – |
| May 2013 | $2.4M | Seed | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in creators, organizing AI events, and building community in New York. | betaworks.com | |||
Private equity and hedge fund investments in healthcare are managed. | ally-bridge.com | Hong Kong, China | ||
| amedventures.com |
Investor details for Kandu
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Kandu
1 people are tracked at Kandu (1 in leadership).
| Name | Role | Group |
|---|---|---|
Leo Petrossian | CEO & Director | Leadership |
Complete people profiles for Kandu
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Kandu
3 dated milestones of Kandu across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Kandu is founded.
- Funding First funding round of $2.4M.
- Funding Latest funding round, Series A, of $30.0M.
Competitors of Kandu
Kandu has 3 listed competitors in our database, 2 of them funded. They include codeSpark, Hopscotch and ScratchJr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| codespark.com | 2014 | Los Angeles, United States | $5.45M | Gamified coding lessons are provided to children in grades 4-9. | ||
| gethopscotch.com | 2011 | New York, United States | $1.2M | Programming is facilitated for children via drag-and-drop code blocks. | ||
| scratchjr.org | 2013 | Boston, United States | Offers a mobile app that enables children to create their own stories and games through programming. |
Detailed competitors of Kandu
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Kandu
The website of Kandu (kandu.com) receives about 2.6K visits a month.
- Monthly visits2.6K
▼ 38.6% vs previous month
Top companies in Digital Health & Telemedicine
3 companies that operate in the same segment as Kandu (Digital Health & Telemedicine) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
An application is provided for comparing prescription drug prices nationwide. | 2011 | Santa Monica, California, United States | USD 22.21 M | USD 796.85 M | 1,063 | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | 802 |
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Frequently Asked Questions about Kandu
Kandu was founded in 2013.
Kandu is headquartered in New York, United States. It is registered at New York, New York, United States.
Leo Petrossian is the CEO of Kandu, as recorded in our data.
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 2013.
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.
Kandu offers IpsiHand Device and Telehealth Services.
Kandu has 3 investors. Key investors include Betaworks, Ally Bridge Group, and AMED Ventures.
Kandu operates through Kandu, Inc..