Hong Kong’s Kiddo wearable that aims to make you a good parent gets US$2M funding
Jayesh Parekh and Dr. Prem from Jungle Ventures led the round, with participation from Fireside Ventures, Bio Sensors International and Gaja Ventures
Good Parents Inc., a one-year-old startup focused on children’s health and wellness, has announced a US$2 million seed investment, led by Jayesh Parekh and Dr. Prem at Jungle Ventures.
Bangalore-based Fireside Ventures, Bio Sensors International (a medical devices company in Singapore and Switzerland), Singapore-based Gaja Ventures, and several marquee angel investors across Asia and the US have also co-invested.
The Hong Kong- and San Francisco-based startup will use the funds for its continued expansion and further investment into developing Kiddo, its wearable for the children aged four to 10 years.
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Founded in 2015 by Jaganath Swamy (CEO), Jean Rintoul (CPO) and Bo Vargas (CTO), Good Parents is on a mission to improve child development and growth metrics by creating a new ecosystem that engages parents, health insurance companies, corporate benefit programmes, and schools. Its product, the Kiddo, tracks key biometrics for children and provides real-time health, wellbeing, stress and development insights through a mobile app.
Kiddo
“We’re building a tool that will make it easy for parents to understand their children’s health and ensure they never miss important issues. We’re working hard to create that ecosystem and this capital helps get us there faster,” said Jaganath Swamy, CEO and Co-founder of Good Parents.
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The company has partnered with Samsung and key advisers at the Foods for Health Institute based at University of California Davis for enhancing product capability, validation and functionality.
Kiddo is slated to go live on Kickstarter in January 2017 following its launch at CES 2017. The company is currently targeting a beta run with over 400 users across key cities in the US in December 2016.
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