COLUMBIA, Md., (July 29, 2024) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $100,000 Pre-Seed Builder Fund investment in Azadi Health. TEDCO’s Pre-Seed Builder Fund is housed under TEDCO’s Social Impact Funds which were created to engage and invest in economically underserved founders and communities.
“At Azadi, we are committed to creating a solution to allow marginalized communities more effective and accessible access to mental health care,” said Rodney Bell, co-founder and CEO of Azadi Health. “Thanks to TEDCO’s investment, we look forward to continuing this journey to provide improved care to all.”
Azadi Health, located in Baltimore, Md., is a company developing technology-based tools to support better access to mental health care. Taking decades of research in language, psychology, machine learning and data science, the company has created a tool that could provide a more accessible and effective solution for monitoring patients who may be a risk to themselves or others. Through this support the company aims to enable care teams and caretakers to intervene faster when needed.
“TEDCO’s Builder Fund was designed to support entrepreneurs throughout Maryland who have been traditionally underserved,” said Jean-Luc Park, senior director of TEDCO’s Social Impact Funds. “Azadi Health’s goals focus on an ignored market segment, and we are proud to be investing in a company seeking develop technology that can be used in Maryland and beyond.”
TEDCO’s Social Impact Funds were created to support underrepresented entrepreneurs throughout Maryland. For information about the fund, visit https://www.tedcomd.com/funding/social-impact-funds.
About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.
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Media Contact
Tammi Thomas, Chief Development & Marketing Officer, TEDCO, This email address is being protected from spambots. You need JavaScript enabled to view it.