Consumer Healthcare Startup Closes $1.8 Million

CuePath announced it has raised $1.8 million in seed financing. Five investors participated in the round, including E-Fund and Canada Innovation Acceleration Investment.

CuePath enables families and care professionals to remotely track patients’ medication intake, alleviating the stress associated with caregiving and providing medication reminder services more efficiently. The company’s solution is based on medication packaging familiar to most seniors, so they do not need any new technology training.

The company will use the funds to complete user trials and increase manufacturing production.