February 22, 2019
Startup Shoutouts: February 22, 2019
Every day, innovators across the MATTER community are building new solutions that accelerate innovation, advance care and improve lives. Here’s a look into the most noteworthy headlines from the past few weeks.
Third eyes on the [$7M] prize
Third Eye Health snagged $7.25 million in Series A financing. Third Eye is on a mission to prevent patient readmission to hospitals with better post-acute care, and they’ve built an app-based platform to do so. Their platform provides nurses with virtual guidance on how to treat patients in place instead of calling an ambulance by connecting them with physicians in real-time. They plan on using their funding to expand their remote physician team and in-office staff and to expand their customer base. Read more here.
Medigate raises $15M to scale cybersecurity
Medigate, a medical device cybersecurity startup, closed a $15 million Series A round of financing led by U.S. Venture Partners. This comes after their $5.35 million seed round in 2017. According to CEO Jonathan Langer, they plan on using the money they raised to accelerate their growth and triple their headcount. They also intend to use the money they raised to develop new cybersecurity technologies. Read more here.
HealthiPASS is PASSionate about collaboration
In an effort to boost profitability for the orthopedic revenue cycle, HealthiPASS has partnered with Healthcare Information Services, LLC, a physician management organization. This collaboration will provide an end-to-end solution for orthopedic practices so that physicians, nurses and staff can spend less time managing payment collections and more time addressing patient needs. Read more here.
Apervita is racing to success
Apervita, a platform-as-a-service company that allows health companies to build their own data applications and collaborate securely on their platform, announced earlier this month that they experienced record growth in 2018 and increased their revenue by more than 1,000%. The company ended 2018 serving approximately 1,000 hospitals — and plan to serve 3,000 more in 2019. They also doubled the number of applications built on their platform. Read more here.