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0 7.09219858155383E-05 7.09219858155383E-05 7.09219858155383E-05 -0.000354609929077893 -0.000354609929077893 -0.000354609929077893 -0.000354609929077893
Stock impact report

Tyto Care raises $50 million as it looks to buy and build new services during COVID-19 demand surge [TechCrunch Blog]

Teladoc Health, Inc. (TDOC) 
Last teladoc health, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.teladoc.com/investors/default.aspx
Company Research Source: TechCrunch Blog
Tyto CareThe round was led byInsight Partners,Qualcomm Ventures,The funding comes just as Tyto has seen a dramatic surge in demand brought on by the global response to the COVID-19 pandemic. Tyto Care’s toolkit is being used as a telehealth diagnostic solution that was already seeing three times sales growth in 2019 alone.Last year, the company inked a deal with Best Buy and works with most of the major telemedicine providers, including American Well, Teladoc and others.Previous investors Orbimed, Echo Health, Qure, Teuza and others also participated in the new financing, the company said in a statement.With the financing, Tyto Care is well-positioned to both buy and build new tools based on its existing diagnostics platform, as well as expand its home health testing kit into new areas.Companies like Scanwell Health are providing at-home diagnostic tests for things like urinary tract infections, and Tyto Care chief executive Dedi Gilad definitely sees options for new products around d Show less Read more
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