Redox just completed a $9M Series B funding round, led by RRE Ventures. Redox is a local startup that is accelerating technology adoption in healthcare with cloud-based applications. These applications are revolutionizing the way healthcare data is shared among healthcare organizations, patients, researchers, and technology providers. Redox plans on using the funding to continue improving their technology …
Sector67 has raised $450,000 of their $600,000 capital campaign goal that will go towards building a new home in downtown Madison. But Sector67 still needs your help! The non-profit organization, which recently celebrated their 6-year anniversary, is a community hackerspace where entrepreneurs are empowered to build, learn, and help each other innovate. Some of the many …
Propeller Health, an Asthma tracking startup, raised $21.5 million in series C funding. They will use the new funds to expand their product portfolio, which already includes 45 programs. According to CEO David Van Sickle, Propeller would also like to expand globally. The company launch in 2010 and has been growing rapidly thanks to relationships with …
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EatStreet is reported to have raised 11 million in another big round of funding. The mobile food ordering platform is growing rapidly as they now serve 15,000 restaurants in over 250 cities across the US. EatStreet recently moved to new offices on the Capitol Square as they continue to expand. The Madison based company has now raised …
HealthMyne, a Madison-based health IT startup received $6.9 million in a recent funding round. This includes an investment from the Wisconsin Alumni Research Foundation. HealthMyne’s technology analyzes tumor images to help radiologists identify and track cancerous tumors. The product has been approved by the FDA and there are already pilot products in three hospitals. You can …
Moxe Health has recently announced a $5.5 million round of funding. The Madison-based company has developed tools that improve the flow of data in the healthcare industry. Among its many uses, Moxe’s software aids in the transfer of information between healthcare systems that use different software for handling patient records. The additional funds will allow Moxe to …
Madison health IT startup Catalyze recently raised $6.5 million in funding. The growing Madison company does cloud computing for hospitals, facilitating communication between their electronic systems and other digital health companies. Catalyze will use the new funds to expand their team and develop new products that will help the broader healthcare industry use data to analyze the quality of …
ABODO recently announced a $4.8 million round of funding. The Madison-based startup is the creator of a popular software used by renters to locate apartments. Their service is already offered in 30 cities across the US, and they plan to use the funding to double that number by the end of 2017. In addition, the …
Ionic recently announced an $8.5 million round of funding. The company, which is based in downtown Madison, is the creator of the popular software development kit (SDK) used to build mobile apps. Ionic has differentiated itself from similar software by integrating their SDK with HTML5 and the Angular JS Javascript framework. By using a web-based …
Madison based startup, AkitaBox, recently announced a $1.1 million round in seed funding. The young company, which was founded in 2015, has developed a software that is used for managing buildings. More specifically, building operators use AkitaBox as a tool for optimizing operations and automating workflow. Previously, building operators had to spend an excess amount …
Understory recently announced that they raised $7.5 million in a Series A round. In addition, the company formerly known as Subsidence is moving its headquarters back to Madison, Wisconsin. Founded in 2012 and a graduate of the Gener8tor accelerator program, Understory is a tech startup that has developed a device that monitors information about the …
Healthfinch has just announced a $7.5M Series A funding round led by Adams Street Partners. The company, which was founded in 2011 by Jonathan Baron and Lyle Berkowitz, has developed a software that automates routine tasks that physicians would other wise have to complete. For example, Healthfinch’s applications automatically fulfill medication requests and schedule appointments. …
Healthtech startup Redox has closed a $3.5M Series A funding round led by Flybridge Capital Partners and HealthX Ventures. Redox is developing a platform API for healthcare integration, which connects health systems to an ecosystem of health tech applications. Over 120 application developers have signed up for API access so far and Redox is targeting …
Fetch Rewards raised $4 million in Series A funding recently. The company, which has developed an innovative app for grocery shoppers, will use the money to scale their business from 10 stores to as many as 100. The service allows customers to track their purchases as they go and apply coupons when they are available. …
Madison and San Francisco based startup SnowShoe recently announced a $1M funding round. They had previously raised $2.5M in earlier rounds. Founded by three UW graduate students in 2011, SnowShoe sells an intelligent piece of plastic that interacts with touch screens. Among its many uses, the plastic stamp allows users to instantly download music, authenticate …
Catalyze recently completed a $4M funding round. The company previously raised a $2M Series A round following completion of the gener8tor accelerator program in 2013. Catalyze provides HIPAA-compliant cloud computing services for the healthcare industry. More information can be found on Xconomy here.
Drifty recently completed an additional $2.6 million funding round led by Lightbank in Chicago, with additional participation from Arthur Ventures. Drifty previously raised $1 million in funding last year, and this latest investment marks Lightbank’s second investment in a Madison based company following their investment in PerBlue last year. Drifty is the creator of the …
Healthfinch recently completed a $1.5M financing round led by Jumpstart Ventures. Healthfinch has raised $2.8M total since its founding in 2011. Healthfinch focuses on automating and improving the routine, repeatable work that physicians and healthcare staff are tasked with. The company’s first product, Swoop, focuses on increasing the efficiency of prescription refill requests and is …
HealthMyne announced that it has raised $4.5 million in a Series A round of investment. The round was led by Venture Investors and 4490 Ventures. Additional participation included HealthX Ventures and several prominent angel investors. HealthMyne is an early stage healthcare informatics company focused on bringing evidence-based imaging analysis to the point of care, and …
Wellbe has closed a new $2.42 million funding round. Wellbe helps hospitals adapt to new market expectations for value-driven care by leveraging patient navigation to reduce risk, improve efficiency and increase competitiveness. The cloud-based platform combines vital tools for patient engagement and care coordination to help patients and care teams achieve satisfying outcomes by actively …
