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WhiteHat Jr founder has recently secured $16 million in a seed funding round for its new startup, Compliment1. The startup funding round was led by Owl Ventures and Blume Ventures, along with participation from some internal investors.
Summary:
1. WhiteHat Jr. founder Karan Bajaj has secured $16 million in startup funding for its new startup, Complement 1, a cancer care startup.
2. The startup aims to help patients make meaningful, long-term improvements during and after treatment through personalized, compassionate coaching.
3. With the funding, Complement1 plans to expand its coaching infrastructure and businesses across the United States, advance its AI-powered personalization engine, and collaborate with cancer centers, health plans, and employers to bring the program to cancer patients, high-risk individuals, and survivors
Almost every second person has had this thought in their life. What if some machine or tech tool could help fight severe diseases like Cancer? But nobody has ever wondered if one day, the startup world will make this possible using the technology to help all those patients bring actual improvements with proper care and lifestyle changes with the help of certified medical coaches.
Yes, you read that right. After Craif Inc., a Japanese AI startup that secured $22 million in startup funding to develop an AI-powered early cancer detector system, it has come to light that a new startup has received funding to expand its business and boost its operations growth.
Now explore this startup funding news of Compliment1 of WhiteHat Jr founder Karan Bajaj, which secured the funding, how it works, and in what ways they are planning to spend their startup funding.
Compliment1 is a cancer care startup that provides personalized coaching in the United States.
The company said it is evolving from stealth to launch the first technology-enabled, clinically verified behavioral modification platform for cancer patients and high-risk adults, providing tailored daily assistance and education via one-on-one dedicated CoActive Coaches.
“Lifestyle change is one of the most powerful yet overlooked tools in cancer care,” claimed Karan Bajaj, CEO and co-founder of Complement 1. “Every oncologist will tell you that patients require more assistance in adopting professionally prescribed physical activity, diet, and mind-body practices. “We’ve cracked the code on daily engagement with personalized, compassionate coaching- helping patients make meaningful, long-term improvements during and after treatment.”
With this startup funding, Complement1 plans to expand its coaching infrastructure and businesses across the United States, advance its AI-powered personalization engine, and collaborate with cancer centers, health plans, and employers to bring the program to cancer patients, high-risk individuals, and survivors.
This finance company will also invest in product development to improve the digital user experience for both patients and coaches.
WhiteHat Jr. was purchased by Byju’s for $300 million three years ago. At the time, its CEO, Karan Bajaj, went on to run Byju’s Future School before departing the company in August 2021.
Complement 1 has changed cancer care by offering the first clinically recognized, daily 1:1 lifestyle change program tailored to patients in treatment, survivors, and those at high risk. Our method includes personalized 1:1 live coaching with evidence-based interventions in physical exercise, nutrition, breathwork, and trauma healing- all suited to the cancer type, treatment stage, and physical capacity.
We help improve quality of life, prevent recurrence, and extend survival with the support of renowned oncologists and strong clinical evidence.
Since cancer is a severe disease with which many people are battling, so based on, the startup has picked a much-needed concern, so it is expected that it would bring some change for the cancer patients by leveraging this startup funding.
Looks like the innovative minds behind these brilliant startup ideas have planned to focus not only on launching tools to make workflow easier but also on creating solutions for severe health issues to bring significant change.