Lifetime Health Secures $1.5 Million in Seed Funding
Lifetime Health, a digital platform offering at-home care services, has successfully raised $1.5 million in a seed round led by US-based venture capital firm The Garage Syndicate, with contributions from various angel investors.
Previously, the company had garnered $900,000 in funding from an existing investor.
The new funds will be allocated towards further development, according to a press release from Lifetime Health.
Founded in 2023 by Konstantin Riabtsev, Michail Vorobiev, and Nabil Ahmed, Lifetime Health offers a comprehensive digital platform for hospital-at-home care. Their services include phlebotomy, diagnostic tools, medical devices, nursing care, physiotherapy, and postoperative care, all accessible through a single app. The automated platform promises swift, high-quality, and affordable services, from order placement to nurse dispatch and result processing.
Currently operational in Bengaluru, Lifetime Health partners with 200 local clinics and aims to expand to major Indian cities, targeting a network of over 10,000 medical offices nationwide. The platform plans to enable residents in Bengaluru and its suburbs to order medical services at home, with future expansions planned for Mumbai. It aims to register 1,000 doctors on the platform, with at least 300 becoming active users who can schedule appointments, make recommendations, and maintain digital patient histories.
Other notable startups in this sector include Caresathome, CASAMED, Muse Diagnostic, and Care24-India.