Sumit Nagpal

Sumit Nagpal is a prominent figure in the digital health industry, currently serving as the Chairman, CEO, and Founder of Cherish Health.12 Here's an overview of his background and achievements:

Career Highlights

Sumit Nagpal has a long-standing history of entrepreneurship in the healthcare technology sector. His notable ventures include:

• Cherish Health: His current company, which develops advanced ambient sensor platforms and AI for in-home safety and health monitoring solutions.2
• LumiraDx: A diagnostics manufacturer that went public through a $3 billion SPAC deal in 2021.1
• Wellogic: An electronic health records company he founded and later sold to Alere (now part of Abbott).1
• Accenture: He previously led Accenture's digital health division.1

Funding Approach

For Cherish Health, Nagpal has taken an unconventional funding route:

• Raised $26 million without venture capital.1
• Backed by non-VC investors, including former Accenture colleagues and strategic investors like Alarm.com.1
• This approach has allowed him to maintain greater control over the company's direction.1

Innovations at Cherish Health

• Developed a radar-based device for fall detection at home, priced at $330.1
• Utilizes AI to detect falls across multiple rooms, offering a discreet solution for home healthcare.1

Recognition and Awards

Nagpal has received numerous accolades for his contributions to healthcare technology:

• Health IT Change Agent (2014)3
• Premier 100 Technology Leader (2017)3
• Leaders in Diversity Award - Role Model (2013)3
• H.I.T. Men & Women Award (2014)3
• Named one of 10 Minority Healthcare Executives to Watch (2016)3

Professional Reputation

Nagpal is regarded as a visionary and leader in health information technology, known for his ability to identify market opportunities and drive innovation.3

Sumit Nagpal's LinkedIn profile can be found under the username "sumitknagpal", where more details about his professional experience and achievements are available.