Cloudphysician a Healthtech Platform has raised $4 million from Elevar Equity

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Cloudphysician a Health-tech platform which focuses on providing reasonable and quality critical care has recently raised $4 million from Elevar Equity as part of its pre-Series A funding round.

The company was founded in 2017 by pulmonary and critical care specialist Dhury Joshi and pulmonary, critical care medicine and sleep medicine specialist Dileep Raman. Cloudphysician is a solution for those people who are in remote areas of country plus including emerging markets. The hospitals that collaborate with cloudphysician get access to its team of highly focused and deft care experts and proprietary ICU management cloud platform RADAR to manage critically ill patients remotely and in real time.

The company says will use the funds to expand its global footprint and invest in strengthening its team across verticals such as commercial, medical, data science and technology.

Joshi said, “Access to quality critical care cannot be solved with just a digital platform or hiring any ICU consultant, beside all this we need a holistic solution combining both clinical expertise and technology tailored to the respective hospital environment”.

The arm of Cloudphysician is managing ICUs in over 40 hospitals in 15 states and has treated more than 30,000 critically ill patient’s snice 2017.

Sandeep Farias, founder and managing partner at Elevar Equity quoted that at Elevar, they look to back entrepreneurs building innovative distribution models that can dramatically expand the reach of important products and services to the mass market said.

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Cloudphysician’s tele-ICU services and proprietary tech solution make timely access to quality critical care a reality for people in Tier II and III cities, rural India and beyond.

The company have successfully equipped healthcare providers with advanced adult critical care support in not only multi-specialty hospitals but also medical and surgical focused single specialty extending oncology, maternity, nephrology, gastroenterology and additional clinical disciplines and will also expand paediatric and neonatology critical care offerings.

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