What is 1m?
1m offers a comprehensive data-driven risk management platform tailored for the healthcare sector. Its solution integrates key functions including finance, strategy, enterprise risk management (ERM), and compliance, creating a unified system for continuous risk intelligence. By pinpointing material risks and adapting to evolving market conditions, 1m empowers organizations to optimize strategic choices and maintain up-to-date risk assessments. The company's focus is on delivering rapid, measurable results, aiming to transition traditional risk management into a value-generating strategic asset.
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 Stanford Health Care, First Derivative, and Banner Health
Key Investors in 1m
Stanford Health Care
Stanford Health Care is a leading academic medical center renowned for patient care, medical education, and research, likely bringing deep industry insight and a focus on clinical innovation to its investments.
First Derivative
First Derivative, a managed services and consulting business for the capital markets industry, may offer expertise in financial risk modeling and data analytics, potentially enhancing 1m's platform capabilities.
Banner Health
Banner Health, a major nonprofit healthcare system, provides extensive operational experience and a direct understanding of the challenges in healthcare risk management, aligning with 1m's target market.
What's next for 1m?
The recent major strategic investment positions 1m for significant growth and market expansion within the healthcare risk management landscape. This enterprise-level funding is expected to accelerate product development, enhance sales and marketing efforts, and potentially broaden the company's reach into new healthcare segments or geographical markets. With a clear focus on transforming risk management into a proactive, decision-support tool, 1m is poised to further solidify its role as a critical partner for healthcare organizations navigating complex risk environments.
See full 1m company page
