emocha closes $1M seed round - Technical.ly Baltimore

Business

Jun. 30, 2017 11:46 am

emocha closes $1M seed round

It's the second million-dollar funding announcement for the health IT company this month.
Staffers of emocha Mobile Health.

Staffers of emocha Mobile Health.

(Photo by Stephen Babcock)

A couple of weeks after announcing a seven-figure grant, emocha Mobile Health closed on another $1 million in equity funding.

The Johns Hopkins spinout’s seed round attracted investors including Kapor Capital, the Baltimore Angels, the Propel Baltimore Fund, the Silicon Valley-based Sand Hill Angels and the Blue Jay Syndicate.

The startup’s apps are designed to allow patients to record themselves taking medication. In the case of tuberculosis, it saves resources because health professionals are required to observe patients taking medication. Cofounders Sebastian Seigeur and Morad Elmi have said it also helps improve how patients stick to their treatment, which is known as adherence.

The new funding will help the company as it expands the technology to use in treatment of opioid addiction. A previously announced $1.7 million grant is funding research studies. Seiguer said the company also has plans to launch it commercially.

“Not only do we invest in scalable technology opportunities, we also invest in the talent to turn a startup company into a sustainable organization that will return shareholder value and bring growth to Baltimore City. emocha demonstrates the important and cost-effective role mobile technology increasingly plays in managing complex and high-cost care situations,” stated Christopher College of Columbia-based TCP Venture Capital, which manages the Propel Baltimore Fund.

emocha currently has 11 employees, and is based at Johns Hopkins’ Fast Forward 1812 startup space in East Baltimore.

-30-
CONTRIBUTE TO THE
JOURNALISM FUND

Already a contributor? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Investment gives Vista Equity Partners majority stake in Maryland’s Sonatype

5 questions with Myra Norton: How transparent leadership empowers teams to grow and scale

Cybersecurity startup Code Dx wins $2M seed investment at DataTribe Challenge

SPONSORED

Baltimore

How this lawyer is helping entrepreneurs bark up the right tree

Hunt Valley, MD

LawIQ

SOFTWARE ENGINEER – FULL TIME OPPORTUNITY

Apply Now

Philadelphia, PA - Center City

Odessa

Sr. Project Manager – ERP Implementations

Apply Now

Annapolis Junction, MD

Asymmetrik

FULL-STACK DEVELOPER

Apply Now

Cybrary’s $15M Series B will be used to expand its cybersecurity training platform

Between Two Founders: Renalert talks scale after Beta City win

Galen Robotics investment shows how the Opportunity Zone program can fund startups

SPONSORED

Baltimore

Get to know SmartLogic’s culture of plants, podcasts and productive client relationships

Annapolis Junction, MD

Asymmetrik

SOFTWARE ENGINEER

Apply Now

Annapolis Junction, MD

Asymmetrik

FRONT-END DEVELOPER

Apply Now

Philadelphia, PA

Vistar Media

QA Engineer

Apply Now

Sign-up for daily news updates from Technical.ly Baltimore

Do NOT follow this link or you will be banned from the site!