CareKit Health, a Hamilton, ON-based healthcare software and hardware provider, has been acquired by Moseda Technologies, a TSX Venture Exchange-listed mobile health and telemedicine company based in Vancouver, BC. The price was reportedly $2 million in Moseda shares and performance warrants.
CareKit’s technology platform consists of mobile software, sensors, and wearables and connects patients with their various healthcare providers and family members, enabling people with serious medical conditions or illnesses to receive continuous monitoring while in their homes. The company was founded in June 2015 and had not raised any capital from institutional investors.
Moseda Technologies has developed a suite of mobile healthcare solutions. This was the company’s first acquisition.
To read more about the transaction, click here.