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Hero Health, Inc.
Hero Pill Dispenser, Medication Manager, & Pill Organizer | Hero
About Hero Health, Inc.
Hero Health, Inc. operates in the digital health sector, focusing on medication management for patients with chronic conditions in their homes. The company was founded in 2014 by Kal Vepuri, who conceived the idea after his mother had a negative medication experience, and Kutgun Esat, who joined as a co-founder. Kal Vepuri, an entrepreneur and investor with a background in engineering and finance from the University of Pennsylvania and MIT, brings a personal drive to solve the challenges of medication adherence. His venture studio, Brainchild, has been involved in the creation and funding of several successful companies.
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The company's core offering is a smart pill dispenser designed to help individuals, particularly those with complex medication schedules, take their prescriptions correctly. This countertop device stores up to a 90-day supply of ten different medications, sorting and dispensing them at the scheduled times with audible and visual alerts. An accompanying mobile application allows patients and their caregivers to track medication adherence, receive notifications for missed doses, and monitor the supply of pills. This creates a system for remote patient monitoring, providing valuable data to healthcare providers and caregivers.
Hero Health's business model combines hardware sales with a recurring subscription fee. Customers initially pay for the dispenser and then a monthly fee for the service, which includes access to the app's features and automatic refills facilitated through partnerships with pharmacies. The primary market consists of individuals managing chronic illnesses and their caregivers, who are looking for a reliable solution to prevent missed doses and simplify complex regimens. By providing a comprehensive system that pairs a physical device with a digital service, Hero Health aims to improve health outcomes for patients while offering peace of mind to their families and actionable insights for their medical providers. The company has secured significant funding to support its growth, including a $62.6 million round in 2021.
At a glance
- Founded
- 2015
- Headquarters
- New York City, United States
- Sector
- Health Tech & Medtech
Latest news
Press, funding announcements and product moves mentioning Hero Health, Inc..
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A8 investors entered at this stage
Brainchild
BoxGroup
Refactor CapitalTectonic Capital
Company Ventures
Humbition
Gil Capital- MCMont Alto Capital
Series B and later1 investor entered at this stage
Red Cell Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
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