31 Oct 2024
Prosus Ventures leads USD 13m seed investment in Kismet to revolutionize the NDIS and aged care
Kismet Healthcare has announced the close of USD 13m seed funding round. Led by Prosus Ventures, MassMutual Ventures, and Airtree, this investment accelerates Kismet’s vision to transform healthcare through innovative AI-driven solutions, with a focus on addressing the NDIS and aged care sectors. Combined with the earlier seed round, this brings Kismet’s total seed funding to USD 21.8m.
CEO of Kismet Healthcare, Mark Woodland emphasised the impact of this support. “We’re thrilled by the confidence our investors have placed in our mission,” he said. “Kismet is creating a future where healthcare is seamless, personalised, and accessible to all.”
Kismet’s ecosystem streamlines the healthcare experience, reducing administrative burdens and empowering healthcare providers to focus on patient care. Currently serving over 20,000 NDIS participants, Kismet has quickly become one of the largest plan managers in the NDIS.
Mark added, “With this new funding, Kismet is well-positioned to set new industry standards in disability care and address the growing needs of an ageing population. We’re providing NDIS participants with meaningful support and peace of mind through a connected, efficient approach to software. By reducing administrative burdens and improving efficiencies, Kismet is reducing costs, fraud and ensuring that high-quality healthcare is accessible to everyone.”
As part of its growth strategy, Kismet plans to attract top talent across multiple disciplines, further solidifying its position as a leader in health tech innovation.
According to Mark, “This funding represents more than just financial backing - it’s a testament to the potential of health tech to solve critical challenges within the healthcare sector.”
Kismet Healthcare’s groundbreaking AI technology, coupled with strategic partnerships and top-tier investment, is set to redefine healthcare delivery in Australia and beyond.
About Kismet Healthcare
Founded in February 2023, Kismet Healthcare is a digital platform that empowers individuals to maximise their health insurance benefits by seamlessly locating and scheduling appointments with healthcare providers. Accessible on web and mobile, Kismet is dedicated to improving health outcomes globally. kismet.healthcare
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 using technology to improve people's everyday lives.
Each month, over two billion customers across the globe use the products and services of companies that Prosus has invested in, acquired or built.