Child healthcare startup Good Parents raises $2M seed funding

Good Parents, a one-year-old startup focused on children’s health and wellness, announced that it has raised $2 million in a seed investment round. The latest seed round was led by senior partners at Jungle Ventures with participation from Fireside Ventures, Bio Sensors International, Gaja Ventures and several marquee angel investors across Asia and the U.S. Good Parents aims to improve child development and growth metrics by creating a new ecosystem that engages parents, health insurance companies, corporate benefit programs and schools. Its first product line is the Kiddo, a health and wellness wearable for children aged 4-10 years. The Kiddo tracks key biometrics for children and provides real-time health, well-being, stress and development insights to a mobile app. “We’re building a tool that will make it easy for parents to understand their children’s health and ensure they never miss important issues. We’re working hard to create that ecosystem and this capital helps get us there faster,” said Jaganath Swamy, CEO and Co-founder, Good Parents. According to the startup, the financing will be used to fund its continued expansion and further investment into developing the Kiddo. The company has partnered with Samsung and key advisers at the Foods for Health Institute based at University of California Davis for enhancing product capability, validation and functionality. Kiddo is slated to go live on Kickstarter in January 2017 following its launch at CES 2017, a global consumer electronics and consumer technology tradeshow held in Las Vegas every year. The company is currently targeting a beta run with over 400 users across key cities in the US in December 2016.

Abhinav Mohapatra

An author who has a keen interest for the ‘off-beat’ <!--more-->An author who has a keen interest for the ‘off-beat’, he has covered and explored multiple facets of the marketing, advertising

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