# RED.Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/red-health

- Industry: Healthcare
- Headquarters: Hyderabad, India
- Website: www.red.health/
- Total disclosed funding: $12M
- Latest round: Series B (May 15, 2024)
- Investors on record: 12

## About

Founded in 2016 and based in Hyderabad, India, RED.Health, fka StanPlus Technologies Pvt. Ltd. operates as hospital enterprise emergency vehicles and other related health tech solutions to support their medical response systems. Established in Hyderabad, India, RED.Health expanded its operations to cater to a diverse range of healthcare needs both locally and internationally. In May 2024, RED.Health raised an undisclosed amount of Series B funding led by new investor Jungle Ventures, with participation from another new investor Alteria Capital. Returning investors HealthQuad and HealthX also participated in the round. The round was part of a larger USD 20 million in series B and debt funding.

At the core of RED.Health's offerings lies a suite of healthcare solutions designed to address various aspects of medical care. From red ambulance services spanning road, train, and air transportation to specialized diagnostics support for corporate entities. Products like the RED SOS Button and RED Family Protect are both designed to ensure the safety for families.

RED.Health's revenue stream derives from a variety of sources within the healthcare industry. The company generates income through the provision of ambulance services, diagnostics support, concierge services, and specialized medical training programs. Revenue is also sourced from subscriptions to services like RED Family Protect.

The company aims to use funding in 2024 to develop an auto-dispatch mechanism designed to reduce human error and maximize reaction speed.

## Funding rounds

- Series B, May 15, 2024 — Jungle Ventures, HealthX Ventures, Alteria Capital, HealthQuad
- Series A, Apr 4, 2022, $9.6M — Kalaari Capital, HealthX Ventures, Pegasus FinInvest Advisory, HealthQuad
- Seed, Apr 1, 2021, $2.3M — Hyderabad Angels, Pegasus FinInvest Advisory, Kstart Capital, CM Diamant, S7V, New Ventures, Blu Limited

## Investors

- Hyderabad Angels (https://capitalatlas.ai/funds/hyderabad-angels) — Seed
- Pegasus FinInvest Advisory (https://capitalatlas.ai/funds/pegasus-fininvest-advisory) — Seed, Series A
- Kstart Capital — Seed
- CM Diamant — Seed
- S7V — Seed
- New Ventures (https://capitalatlas.ai/funds/new-ventures) — Seed
- Blu Limited — Seed
- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series A
- HealthX Ventures (https://capitalatlas.ai/funds/healthx-ventures) — Series A, Series B
- HealthQuad (https://capitalatlas.ai/funds/healthquad) — Series A, Series B
- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Series B
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series B