Digital therapeutics startup Kaia Health raises $8m
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Kaia Health has today announced an $8 million funding round led by Optum Ventures.
Kaia Health has developed a smartphone-based approach for managing a range of chronic conditions, with its leading product focused on musclosketetal disorders (MSK) such as chronic back pain. The investment by Optum Ventures helps Kaia Health address the rising costs of treating MSK-related conditions, the difficulty patients have in accessing gold-standard treatment, and the need for innovative, scaleable and cost-effective technology solutions to confront this issue.
Kaia Health’s 2D motion tracking technology enables users to get real-time feedback on their exercise performance using their smartphone’s camera, which, when taken together with the platform’s psychological and eduction support, has been proven to outperform conventional therapy.