/Companies

Neopenda

Techstars '18Techstars '18

Chicago, US · Founded 2015 · Delaware corporation · 14 employees on LinkedIn · 8 known investors

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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.

SSSona Shah
Sona ShahCEO and FounderSona Shah has a background in biomedical engineering and cofounded Neopenda in 2015 after teaching primary school in Kenya, where she observed healthcare challenges in resource-limited settings. As CEO, she leads the company in developing medical technology devices for neonatal care in emerging markets.
TCTeresa Cauvel
Teresa CauvelCTO and FounderTeresa Cauvel is a biomedical engineer who studied at Columbia University, where she focused on global health medical device development and tissue engineering. She founded Neopenda, a public benefit corporation developing health-technology devices for neonatal care in resource-limited settings, and has worked with healthcare facilities across Uganda and Kenya.

Board

ZS
Zachary SeavernsBoard director

Investors · 8

Also in the syndicate · 1

Assiduity Capital

Funding

SEC filings, press & company announcements

$2M disclosed across 8 of 9 rounds · 2018–2026

▶$215KraisedAug 2026 · 8 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
▶$35KraisedMay 2026 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
▶$200KraisedNov 2024 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
▶$700KraisedJan 2024 · 5 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
▶$252KraisedJun 2020 · 4 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
▶$410KraisedMar 2019 · 3 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
▶$125KraisedAug 2018 · 2 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
▶$20KraisedAug 2018 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Sep 2026

Neopenda 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 reported
HeadcountAug 202614

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Legal entities · 1

corporate structure
NeopendaDelaware

In the news

▸Research sources · 8

primary sources listed

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.