Good Parents Inc. (d/b/a Kiddo), a San Francisco CA-based provider of remote patient monitoring (RPM) and continuous care platform for pediatric patients, raised $16M in Series A funding.
The round was led by Clearlake Capital-backed Vive Collective with participation from existing investors. As part of the investment, Vive’s Founder and CEO Cheryl Cheng will join the company’s board of directors.
The company intends to use the funds to double the size of its US and Asia teams, expand its partnerships with health systems and benefits providers, and obtain FDA device certification.
Led by CJ Swamy, CEO, and Chief Medical Officer Rishi Madhok, MD, Kiddo provides an RPM platform for pediatric patients with acute and chronic conditions such as asthma, autism, diabetes, and congenital heart disorders. Kiddo monitors key vitals through five clinical-grade sensors that monitor heart rate, temperature, SPO2, perspiration and motion. Meanwhile, the Kiddo mobile app allows parents and caregivers to understand their child’s daily health needs, track health reports and care protocols, and receive alerts and recommendations.
The company has already partnered with more than seven health systems, benefits providers and foundations including UHC/Optum, PC Health, as well as several children’s hospitals across the United States and Canada. The platform is HIPAA, HL7 and FHIR compliant, HSA/FSA eligible, and FCC, CE and IEC certified.
Kiddo previously raised $9.5 million in funding from Wavemaker 360, Techstars, the Iconiq family office (Ravi Sajwan), Mojo Partners, and others.
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