What is 1m?
1m operates as a specialized technology provider, offering a comprehensive risk management platform tailored for the healthcare industry. The company integrates enterprise risk management (ERM) with financial and strategic planning, enabling leadership teams to maintain a continuous, actionable view of their risk profile. By automating the identification of material risks and adapting to shifting market conditions, 1m facilitates informed decision-making that balances operational efficiency with clinical and financial safety. Its platform is designed to deliver measurable results, effectively bridging the gap between high-level strategic goals and granular risk mitigation efforts.
How much funding has 1m raised?
1m has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2024): $10M with participation from First Derivative, Banner Health, and Stanford Health Care
Key Investors in 1m
First Derivative
First Derivative is a global consulting and managed services firm specializing in capital markets, providing deep technical expertise and operational support to complex, data-intensive industries.
Banner Health
Banner Health is a prominent nonprofit healthcare system operating a vast network of hospitals and medical facilities, focused on clinical excellence and community-based patient care.
Stanford Health Care
Stanford Health Care is a leading academic medical center that integrates advanced clinical research, medical education, and high-acuity patient care within the Stanford Medicine ecosystem.
What's next for 1m?
With this latest capital injection, 1m is poised to accelerate its product development roadmap and expand its footprint across the healthcare enterprise market. The strategic focus will likely center on enhancing the platform's predictive analytics capabilities and deepening its integration with existing hospital information systems. By leveraging the expertise of its strategic backers, the company aims to scale its operations to meet the complex needs of large-scale academic medical centers and nonprofit health systems. As the industry continues to prioritize digital transformation, 1m is well-positioned to become the standard-bearer for risk-aware leadership in the healthcare domain.
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