Kaia Health gets $26M to show it can do more with digital therapeutics – TechCrunch

Kaia Health, a digital therapeutics startup which uses computer vision technology for real-time posture tracking via the smartphone camera to deliver human-hands-free physiotherapy, has closed a $26 million Series B funding round. The funding was led by Optum Ventures, Idinvest and capital300 with participation from existing investors Balderton Capital and Heartcore Capital, in addition to Symphony Ventures -- the latter in an "investment partnership" with world famous golfer, Rory McIlroy, who knows a thing or two about chronic pain. Back in January 2019, when Kaia announced a $10M Series A, its business ratio was split 80:20 Europe to US. Now, says co-founder and CEO Konstantin Mehl -- speaking to TechCrunch by Zoom chat from New York where he's recently relocated -- it's flipped the other way. Part of the new funding will thus go on building out its commercial team in the US -- now its main market.