BALTIMORE, MD, emocha Health today announced the closing of a $6.2 million Series A funding round.
emocha Health, a digital health company which radically improves medication adherence amongst patients with chronic and infectious diseases, today announced the closing of a $6.2 million Series A funding round.
The financing, which was oversubscribed by investors, was led by Claritas Health Ventures. Other participants included Healthworx, the innovation and investment arm of CareFirst BlueCross BlueShield, Kapor Capital, and PTX Capital. The investment will go towards strategic integrations and expanding emocha's remote clinical team of nurses and pharmacists, further equipping emocha to respond to growing demand from health plans and transplant centers across the United States. Theresa Sexton, Managing Partner of Claritas Health Ventures, will join the Company's Board of Directors.
emocha is tackling one of the biggest unsolved problems in healthcare: medication non-adherence. emocha's Digital Medication Adherence Programs empower patients to take every dose of medication through video technology and scalable human engagement. emocha partners with health plans, health systems, employers and health departments across the country to radically improve adherence for patients with diabetes, asthma, tuberculosis, and other chronic and infectious diseases. The company has been nominated as a top 10 innovative company in health by Fast Company and was recently named Best New Technology Solution for Medication Management by MedTech Breakthrough Awards program. Learn more at www.emocha.com.
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