Neopenda
Techstars '18Techstars '18Chicago, US · Founded 2015 · Delaware corporation · 14 employees on LinkedIn · 8 known investors
Find your way into Neopenda
Sign up to see every warm intro you have to Neopenda
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Neopenda team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Neopenda develops health-technology devices for neonatal care in emerging markets, specifically serving healthcare facilities in underserved populations. The company, structured as a public benefit corporation, focuses on innovative products to improve health outcomes in resource-limited settings.
Also known as neoGuard
Founders & leadership
Neopenda was founded in 2015 by Sona Shah and Teresa Cauvel.


Board
Investors · 8
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Jaza Rift Ventures's portfolio page · Not right? Tell us
How we know: Realize Impact's portfolio page · Not right? Tell us
How we know: Sorenson Impact Foundation's portfolio page · prnewswire.com · Not right? Tell us
How we know: the Techstars portfolio · funding news · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · open dataset · 5k.vc investor directory · Not right? Tell us
Also in the syndicate · 1
Funding
SEC filings, press & company announcements$2M disclosed across 8 of 9 rounds · 2018–2026
- Undisclosed amountpost-seed roundApr 2021
Assiduity Capital, Sorenson Impact Foundation
Source ↗
▶$215KraisedAug 2026 · 8 investors · BiotechnologyRule 506(b)
- Sona ShahExecutive Officer, Director
- Zachary SeavernsDirector
- Offering amount
- $500K
- Amount sold
- $215K
- Minimum investment
- $5K
- Proceeds to insiders
- $100K
- First sale
- Aug 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$35KraisedMay 2026 · 1 investors · BiotechnologyRule 506(b)
- Zachary SeavernsDirector
- Teresa CauvelExecutive Officer, Director
- Sona ShahExecutive Officer, Director
- Offering amount
- $1.5M
- Amount sold
- $35K
- Minimum investment
- $5K
- Proceeds to insiders
- $150K
- First sale
- Apr 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$200KraisedNov 2024 · 1 investors · BiotechnologyRule 506(b)
- Sona ShahExecutive Officer, Director
- Teresa CauvelExecutive Officer, Director
- Zachary SeavernsDirector
- Offering amount
- $1.5M
- Amount sold
- $200K
- Minimum investment
- $5K
- Proceeds to insiders
- $375K
- First sale
- Nov 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$700KraisedJan 2024 · 5 investors · BiotechnologyRule 506(b)
- Teresa CauvelExecutive Officer, Director
- Sona ShahExecutive Officer, Director
- Zachary SeavernsDirector
- Offering amount
- $1.5M
- Amount sold
- $700K
- Minimum investment
- $10K
- Proceeds to insiders
- $240K
- First sale
- Aug 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$252KraisedJun 2020 · 4 investors · BiotechnologyRule 506(b)
- Zachary SeavernsDirector
- Teresa CauvelExecutive Officer, Director
- Sona ShahExecutive Officer, Director
- Offering amount
- $1.7M
- Amount sold
- $252K
- Minimum investment
- $25K
- Proceeds to insiders
- $215K
- First sale
- Jun 2020
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
▶$410KraisedMar 2019 · 3 investors · BiotechnologyRule 506(b)
- Sona ShahExecutive Officer, Director
- Teresa CauvelExecutive Officer, Director
- Offering amount
- $1.3M
- Amount sold
- $410K
- Proceeds to insiders
- $180K
- First sale
- Feb 2019
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
▶$125KraisedAug 2018 · 2 investors · BiotechnologyRule 506(b)
- Teresa CauvelExecutive Officer, Director
- Sona ShahExecutive Officer, Director
- Offering amount
- $125K
- Amount sold
- $125K
- Minimum investment
- $25K
- Proceeds to insiders
- $42K
- First sale
- Jul 2018
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
▶$20KraisedAug 2018 · 1 investors · BiotechnologyRule 506(b)
- Sona ShahExecutive Officer, Director
- Teresa CauvelExecutive Officer, Director
- Offering amount
- $20K
- Amount sold
- $20K
- Minimum investment
- $20K
- First sale
- Jul 2018
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Sep 2026Neopenda is a medical technology company that designs needs-based medical devices for emerging markets, beginning with neonatal care. Its stated premise is that conventional medical equipment is not designed for most of the world's population and frequently fails in resource-constrained health facilities because of constraints such as unstable power, limited internet access, space limitations and the unavailability of spare parts. The company frames its mission around neonatal mortality, citing 2.6 million newborn deaths in the first month of life each year, 98% of them in the developing world and 80% of them preventable.
The company's first product is neoGuard, a clinical-grade, wearable 4-in-1 vital signs monitor that continuously measures pulse rate, respiratory rate, SpO2 and temperature and delivers data in real time so clinicians are alerted to patients in distress. Neopenda positions neoGuard against traditional multiparameter patient monitors and spot-checking tools used in low-resource settings, with the goal of improving patient outcomes, supporting healthcare providers and generating data for stakeholders.
Neopenda is structured as a public benefit corporation and operates as a social enterprise, reinvesting a majority of its profits to support sustainability, extend its reach and advance its mission. It is led by co-founders Sona Shah (CEO) and Teresa Cauvel (CTO), and its team spans customer success, Android and embedded software engineering, supply chain and quality, and sales. A board of advisors includes faculty from Columbia University, Makerere University School of Public Health, NYU College of Global Public Health, UC San Diego and the TB Alliance.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Legal entities · 1
corporate structureIn the news
▸Research sources · 8
primary sources listed
- Neopendaneopenda.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Neopenda do?
- Neopenda builds affordable wearable vital-signs monitoring devices for resource-constrained health facilities in emerging markets.
- Who founded Neopenda?
- Neopenda was founded by Sona Shah, Teresa Cauvel in 2015.
- Who are Neopenda's investors?
- Neopenda's investors include Connetic Ventures, Founders Factory Africa, Jaza Rift Ventures, Realize Impact, Sorenson Impact Foundation, Techstars, Villgro Africa.
- How much funding has Neopenda raised?
- Neopenda has disclosed $2M raised across 8 of its 9 known rounds.
- Where is Neopenda headquartered?
- Neopenda is headquartered in Chicago, US.




