Tembo Health Company Profile

Background

Overview

Tembo Health, founded in 2018, is a telemedicine provider specializing in delivering comprehensive healthcare services to seniors, particularly those residing in nursing homes and assisted living facilities. The company's mission is to keep older adults happy, healthy, and at home by offering accessible, high-quality medical care through innovative telehealth solutions. Tembo Health's services encompass 24/7 urgent care, dementia care, remote monitoring, and specialized consultations in fields such as psychiatry and cardiology. By integrating advanced technology with personalized care, Tembo Health aims to enhance the quality of life for seniors and reduce unnecessary hospital visits.

Key Strategic Focus

Core Objectives

• Comprehensive Senior Care: Providing a full spectrum of telemedicine services tailored to the unique needs of older adults.

• Accessibility and Convenience: Ensuring that seniors have round-the-clock access to medical professionals without the need to leave their residences.

• Quality Improvement: Collaborating with nursing homes and assisted living facilities to improve care quality, reduce hospital readmissions, and enhance patient outcomes.

Specialization Areas

• Dementia Care: Offering specialized services for patients with Alzheimer's and other dementias, including care navigation, health coaching, and coordination.

• Urgent Care: Providing immediate medical attention for non-emergency conditions, thereby reducing the burden on emergency departments.

• Remote Monitoring: Utilizing technology to monitor patients' vital signs and detect early signs of clinical deterioration.

Key Technologies Utilized

• Telemedicine Platform: A robust digital platform that integrates with electronic health records, facilitating seamless virtual consultations.

• Remote Monitoring Devices: Deployment of devices capable of hands-free vital sign monitoring and fall detection.

• Machine Learning Algorithms: Leveraging AI to analyze patient data and predict potential health issues, enabling proactive interventions.

Primary Markets Targeted

• Nursing Homes and Assisted Living Facilities: Partnering with senior care communities to provide residents with high-quality telemedicine services.

• Home-Based Seniors: Extending services to older adults living independently, ensuring they receive necessary medical care without leaving their homes.

Financials and Funding

Funding History

• Seed Funding (May 2020): Raised $4 million in a seed round led by Bloomberg Beta and Resolute Ventures, with participation from Basecamp Fund, Primetime Partners, K50 Ventures, Kairos, and City Light Capital.

• Early-Stage Venture (August 2022): Secured $8.9 million in an early-stage venture round.

Total Funds Raised

As of the latest funding round, Tembo Health has raised approximately $13.2 million.

Notable Investors

• Bloomberg Beta

• Resolute Ventures

• Basecamp Fund

• Primetime Partners

• K50 Ventures

• Kairos

• City Light Capital

Utilization of Capital

The capital raised has been allocated towards:

• Technology Development: Enhancing the telemedicine platform and integrating advanced features such as AI-driven diagnostics and remote monitoring capabilities.

• Market Expansion: Extending services to additional states and increasing partnerships with senior care facilities.

• Talent Acquisition: Recruiting top-tier medical professionals and technical staff to support service delivery and innovation.

Pipeline Development

Key Services and Initiatives

• Dementia Care Program: In partnership with the Family Caregiver Alliance, Tembo Health is delivering comprehensive dementia care directly to patients' homes through the CMS GUIDE Model, offering services such as care planning, caregiver support, and access to critical services.

• Telemedicine Partnerships: Collaborated with Springwell Senior Living to provide 24/7 urgent care telehealth services, aiming to reduce hospital visits and enhance healthcare accessibility for residents.

Anticipated Milestones

• Service Expansion: Plans to extend telemedicine services to additional senior living communities and home-based seniors across more states.

• Technology Enhancements: Ongoing development of AI-driven tools for predictive health analytics and improved patient monitoring.

Technological Platform and Innovation

Proprietary Technologies

• Telemedicine Platform: A secure, user-friendly platform that integrates with existing electronic health records, facilitating seamless virtual consultations and data sharing.

• Remote Monitoring Devices: Deployment of devices capable of hands-free vital sign monitoring and fall detection, enhancing patient safety and enabling proactive care.

Significant Scientific Methods

• Machine Learning Algorithms: Utilizing AI to analyze patient data, predict potential health issues, and recommend timely interventions, thereby improving patient outcomes and reducing hospital readmissions.

Leadership Team

Anurag Gupta, MD, MBA

• Position: Co-Founder and Chief Executive Officer

• Background: Dr. Gupta is an experienced emergency medicine physician with a background in healthcare strategy and technology. He has held positions at Mount Sinai Beth Israel, Boston Consulting Group, and Imagen Technologies.

• Contributions: Founded Tembo Health to address the challenges in senior healthcare, leveraging his personal experience with his grandfather's care to develop innovative telemedicine solutions.

Tanya Perkins

• Position: Co-Founder and Chief Operating Officer

• Background: Ms. Perkins has held leadership roles at SeamlessDocs, Oscar Health, and the Federal Reserve Bank of New York. She brings extensive experience in operations and strategy.

• Contributions: Oversees the operational aspects of Tembo Health, ensuring efficient service delivery and strategic growth.

John Lazos

• Position: Co-Founder and Lead Engineer

• Background: Mr. Lazos has a strong background in software engineering and has been instrumental in developing Tembo Health's telemedicine platform.

• Contributions: Provides technical leadership and spearheads the development of innovative solutions to enhance telemedicine services for seniors.