Total amount raised
$25.6 Million
Latest funding date
4/1/2023
Location
Dozee has successfully raised funds through 9 funding rounds, attracting the support of 14 investors. The company specializes in developing a contactless remote patient monitoring and early warning system powered by AI.
Keep reading to explore the intricacies of Dozee's fundraising journey and the investors backing this innovative platform.
What Is Dozee?
Dozee, based in Bengaluru, Karnataka, India, specializes in developing contactless remote patient monitoring systems powered by AI. The company operates in the fields of Artificial Intelligence, Health Care, and Wellness.
With an employee count ranging between 101-250, Dozee aims to enhance patient safety through advanced technologies like ballistocardiography and AI algorithms. The company serves both individual users and hospitals, offering scalable solutions for automated patient monitoring.
How Much Funding Has Dozee Raised?
- Non-Equity Assistance
- Amount Raised: Not publicly disclosed
- Date: July 2020
- Lead Investors: JioGenNext
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To gain strategic support and mentorship from JioGenNext.
- Seed
- Amount Raised: INR 125,000,000
- Date: September 2020
- Lead Investors: 3one4 Capital, Prime Venture Partners, YourNest Venture Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and scale their contactless remote patient monitoring system.
- Series A
- Amount Raised: INR 440,000,000
- Date: July 2021
- Lead Investors: Prime Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and enhance product features.
- Series Unknown
- Amount Raised: INR 710,000,000
- Date: January 2022
- Lead Investors: Gokul Rajaram
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop AI capabilities and expand hospital partnerships.
- Series Unknown
- Amount Raised: USD 2,500,000
- Date: January 2023
- Lead Investors: British International Investment
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance critical care facilities in India.
- Series A
- Amount Raised: USD 6,000,000
- Date: April 2023
- Lead Investors: State Bank of India, J&A Partners Family Office, Dinesh Mody Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach in India and invest in R&D capabilities.
- Series Unknown
- Amount Raised: INR 63,000,000
- Date: March 2025
- Lead Investors: Temasek Trust Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To explore global opportunities and enhance product offerings.
- Debt Financing
- Amount Raised: INR 585,000,000
- Date: March 2025
- Lead Investors: Stockhausen International
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational expenses and expand market reach.
- Non-Equity Assistance
- Amount Raised: Not publicly disclosed
- Date: October 2025
- Lead Investors: Texas Medical Center Innovation
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To gain strategic support and mentorship from Texas Medical Center Innovation.
Total Amount Raised: USD 8,500,000
Current Valuation: Not publicly disclosed
Key Investors
- Texas Medical Center Innovation
- Details: Texas Medical Center Innovation is a key investor in Dozee, participating in multiple non-equity assistance rounds. They focus on fostering innovation in healthcare through strategic investments and mentorship.
- Investment Focus Areas: Healthcare, Medical Technology, Innovation
- Notable Investments: Dozee
- Prime Venture Partners
- Details: Prime Venture Partners is a venture capital firm that invests in early-stage technology startups. They have been a consistent supporter of Dozee, participating in multiple funding rounds.
- Investment Focus Areas: Technology, Early-Stage Startups, Innovation
- Notable Investments: MyGate, HackerEarth, Quizizz
- 3one4 Capital
- Details: 3one4 Capital is an early-stage venture capital firm focusing on technology startups. They have invested in Dozee to support its growth and technological advancements.
- Investment Focus Areas: Technology, Healthcare, Early-Stage Companies
- Notable Investments: Licious, Darwinbox, BetterPlace
- YourNest Venture Capital
- Details: YourNest Venture Capital is a firm that invests in early-stage startups with a focus on technology and innovation. They have been involved in Dozee's funding rounds to help scale its operations.
- Investment Focus Areas: Technology, Innovation, Early-Stage Startups
- Notable Investments: Uniphore, SmartQ, Arya.ai
- British International Investment
- Details: British International Investment is a development finance institution that supports businesses in emerging markets. They have invested in Dozee to enhance critical care facilities in India.
- Investment Focus Areas: Emerging Markets, Healthcare, Development Finance
- Notable Investments: Dozee
What's Next for Dozee?
Dozee is poised for significant growth, with plans to expand its reach to over 2,000 hospitals across more than 100 districts in India within the next two years. This ambitious goal is supported by their recent $6 million Series A2 funding round, which will also fuel their global expansion and R&D efforts. The increasing adoption of remote patient monitoring and AI-based early warning systems presents a substantial opportunity for Dozee to enhance critical care facilities and promote 'Made in India' products globally.
Future fundraising opportunities are likely as Dozee scales its operations and explores international markets. The company may attract further investments from development finance institutions and healthcare-focused venture capital firms. However, challenges such as navigating regulatory requirements, ensuring the reliability of their technology, and competing with other healthtech startups could pose hurdles along the way. Despite these challenges, Dozee's innovative solutions and strategic partnerships position them well for continued success.
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