Lead Angels Fund | AI Health Highway 

Pls Note : Commitment Amount will be in multiples of 18,918.00 below

AI Health Highway is a MedTech startup incubated at the Society for Innovation & Development (SID)/Indian Institute of Science (IISC) India. An Ai-first company focused on making screening of chronic diseases cost-effective at primary care clinics, which is the first point of contact for any patient. Their product, AiSteth – Acoustics Device to Screen, Detect & Predict Heart/Lung Disorders (Device + Data + Intelligence Platform)

Out of stock

Description

AI Health Highway is a MedTech startup incubated at the Society for Innovation & Development (SID)/Indian Institute of Science (IISC) India. An Ai-first company focused on making screening of chronic diseases cost-effective at primary care clinics, which is the first point of contact for any patient. Their product, AiSteth – Acoustics Device to Screen, Detect & Predict Heart/Lung Disorders (Device + Data + Intelligence Platform)

The startup’s core belief is to bridge the gap that leverages AI & ML to better connect with the existing hospital ecosystem, which would lead to a more meaningful impact in screening, detection, and prediction of diseases.

The startup has in B2B2C primarily focusing on Medical Students and getting B2B Partnerships with Home Health, Diagnostic Labs, TeleHealth Partner.

Ai Health Highway is the winner of the International Sound Awards 2020 GERMANY (Best Sound Awards Health Category). It was a semi-finalist @ PMJAY/Ayushman Bharat (world’s largest health insurance program 2020 INDIA), Health 10x NCDs Challenge 2020 (India-Australia/UNSW top 4), Asian Entrepreneurship Awards 2020 JAPAN (top 30 Asia/top 4 from India).

 

Details of the round 

The pre-money valuation for the current round is as follows:
If the company raises 6 crs the pre-money valuation will be 28 crs and INR 30 crs if the company raises 7.5 crs.

In the current round, the company intends to raise 7.5 cr for an 18 months runway. It is expected to raise a Series A round in FY22. 

They have got commitments for 5.5 cr from Venture Catalysts, Chennai Angels, Indiamart Co-Founder and a few other Angel Investors. 

The company is looking to raise INR 2 CRs from Lead Angels Network. The minimum commitment to the company is INR 5 Lakhs.

In case commitments exceed the ask amount, allotment will be on the “First Come, First Serve” basis.

Investment Documents

  1. AI Health Highway Genomics FAQs – Link
  2. Recording of presentation video – Link
  3. All Documents – Link