New York/ London, March 4, 2024 — Kismet, a healthcare startup with a unique community-engagement ecosystem connecting caregivers, health insurance and healthcare providers from around the world, announced a seed funding round of USD 8.2m. This new capital infusion, led by Prosus Ventures and Airtree Ventures, has brought Kismet's total financing to USD 10.8m since its founding in February 2023. The financial boost from this funding will accelerate Kismet's commitment to enhance worldwide health engagement and bolster its team and global presence.
Kismet adeptly caters to the intricate health demands of contemporary families in today's evolving societal and demographic framework. The platform is designed to alleviate the caregiving pressures faced by individuals responsible for elderly parents and young children, serving a broad range of needs across the age spectrum. Kismet aims to increase and improve care services through its comprehensive digital ecosystem for the global in-home, disabled and aged segments that cater to all stakeholders - care recipients, care coordinators, and service providers. It automatically books caregivers or recipients into healthcare appointments based on available insurance options.
An innovator within the startup community, the company champions a comprehensive approach to healthcare, linking care receivers, coordinators, and providers within a unified, efficient online ecosystem. Beyond breaking conventional barriers, Kismet offers a model that simplifies appointment booking and renders healthcare services more affordable by integrating insurance benefits, allowing for substantial savings. Since its inception, Kismet has provided caregivers access to over 35,000 providers and support coordinators in just a year.
Reflecting on the company's rapid ascent, Mark Woodland, Co-founder and CEO of Kismet, stated, "Our first year has been transformative, evolving from an initial concept into a worldwide community. This injection of funds is more than just a financial milestone; it represents a significant advancement in our quest to democratize healthcare access globally."
"Kismet is defining a completely new category in healthcare – positioned at the unique intersection of software, healthcare, ecommerce and payments. It is Australia's first comprehensive digital ecosystem player, with a founding team with demonstratable experience and success. We're thrilled to lead this investment round and support the company as it seeks to redefine the caregiving experience." said Sachin Bhanot, Head of Investments, SEA & ANZ, Prosus Ventures.
Elicia McDonald, Partner at Airtree, expressed her optimism: "Kismet, led by a robust management team and active community support, is charting a course towards monumental change. Having witnessed the team's prior success with Xplor, we are enthusiastic about partnering again with Kismet to revolutionize healthcare accessibility."
About Kismet:
Launched in February 2023 in Melbourne, Australia, Kismet is a trusted digital community platform. It enables individuals to leverage their health insurance benefits to locate and schedule appointments with healthcare providers globally, accessible via the web or mobile devices.
About Prosus:
Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors. Through the Prosus Ventures team, the group invests in new technology growth opportunities within logistics, fintech, health, blockchain, social and ecommerce platforms, agriculture, etc. The team actively backs exceptional entrepreneurs using technology to improve people's everyday lives. Each month, more than 2 billion customers across the globe use the products and services of companies that Prosus has invested in, acquired or built. To find out more, please visit www.prosus.com.
About Airtree Ventures:
Airtree is a venture capital firm backing Aussie and Kiwi founders, building the iconic technology companies of tomorrow. We're empowered by our network, dedicating extraordinary resources to help founders shortcut company-building firsts and accelerate their journey from idea to global household name. https://www.airtree.vc/
About Prosus
Prosus is a global consumer internet group and one of the largest technology investors in the world.
Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.
The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors.
Through the Prosus Ventures team, the group invests in new technology growth opportunities within logistics, fintech, health, blockchain, social and ecommerce platforms, agriculture and more.
The team actively backs exceptional entrepreneurs who are using technology to improve people’s everyday lives.
Each month, more than 2 billion customers across the globe use the products and services of companies that Prosus has invested in, acquired or built. To find out more, please visit www.prosus.com