TytoCare, a telehealth company that enables physicians to conduct on-demand remote exams, announced today that it has added $9 million to its Series C, bringing the round’s total to $33.5 million. The new funding comes from strategic investors Sanford Health, Itochu, and Shenzhen Capital Group. First announced last year, the oversubscribed Series C was led by Ping An Global Voyager Fund, run by the Chinese financial conglomerate.
Itochu, Shenzhen Capital Group, and Sanford Health, the largest rural not-for-profit healthcare system in the United States, will serve as Tyto’s new strategic partners as it expands in Japan, China, and the U.S., its largest market. The New York-based company has now raised $54 million to date. Read the full article here.