Open/Close
Close

News Release

A Man dressed in a black business suit and tie.
Brian H. Axelrad
Partner | Board of Directors
Share

HMB Congratulates Dina Care on Closing $7M Series A

01/12/2021
A Man dressed in a black business suit and tie.
Brian H. Axelrad
Partner | Board of Directors
A white and red megaphone on a white background.

HMB congratulates client Dina Care, an AI-powered care-at-home platform and network, for successfully closing a $7 million Series A funding round led by Philadelphia-based Osage Venture Partners. Existing investors, strategic partners and Wheaton, Ill.-based First Trust Capital Partners LLC, also participated in the round.

Funding will be used to accelerate Dina Care’s development of its industry-leading care coordination platform and expansion of its national network to support the healthcare industry’s rapid transition to virtual and in-home care. Dina Care CEO, Ashish V. Shah, said, “Our digital platform uniquely brings together several important aspects to successfully deliver care-at-home models: a network of the very best home-based and other post-acute providers, real-time collaboration tools, remote patient monitoring capabilities and actionable home-based insights to facilitate clinical intervention and address the non-medical and social determinant needs of an individual.”

HMB’s Venture Capital and Emerging Companies Team included Brian H. Axelrad and Ati P. Khatri

Read the full press release here.

Learn more about HMB’s Venture Capital and Emerging Companies practice here.

500 West Madison Suite 3700
Chicago IL 60661

Phone: 312-606-3200 Fax: 312-606-3232
© HMB Legal Counsel 2024. All Rights Reserved.
Close