Tech Company Financing Transactions
PhotoniCare Funding Round
i2e Enterprise Oklahoma Fund, Dreampact Ventures and National Institutes of Health joined a $7.1 million Series A funding round for PhotoniCare. This venture round was recorded on 9/4/2020.
Transaction Overview
Company Name
Announced On
9/4/2020
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$7,100,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand the executive team, ramp up manufacturing, execute on its sales and marketing plan, accelerate artificial intelligence development to enable real-time decision support for the TOMi Scope, and expand reimbursement activities and customer support.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
1902 Fox Dr. F
Champaign, IL 61820
USA
Champaign, IL 61820
USA
Phone
Website
Email Address
Overview
PhotoniCare was founded in 2013 out of a shared passion to make a real impact on the health of children. Our mission is to revolutionize healthcare by providing physicians with better diagnostic tools, given that many diagnostic techniques at the frontlines of medicine have significant shortcomings.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ryan Shelton
Chief Financial Officer
Angela McFarland
Chief Marketing Officer
Stephen Boppart
Chief Technical Officer
Nishant Mohan
VP - Bus. Development
Jeffrey Hydar
VP - Manufacturing
Heather Howard
VP - Operations
Ryan Nolan
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