What is 1m?
1m offers a data-driven risk management platform tailored for the healthcare industry. Its integrated approach combines finance, strategy, enterprise risk management (ERM), and compliance, ensuring continuous updates to risk intelligence for actionable insights. The platform empowers healthcare leaders to make informed, risk-aware decisions by identifying material risks and adapting to evolving conditions, thereby optimizing strategic choices and maintaining current risk assessments. 1m focuses on delivering rapid, measurable results, aiming to transition traditional risk management into a value-driven methodology.
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, Stanford Health Care, and Banner Health
Key Investors in 1m
First Derivative
First Derivative is a managed services and consulting business focused on the capital markets industry, with a significant global presence and delivery capability across multiple regions.
Stanford Health Care
Stanford Health Care, a part of Stanford Medicine, is a leading academic medical center recognized for its patient care, medical education, and research initiatives, based in Stanford, California.
Banner Health
Banner Health is a non-profit healthcare system operating numerous hospitals and healthcare facilities across several states, committed to clinical quality and comprehensive patient care.
What's next for 1m?
The recent major strategic investment signifies a pivotal moment for 1m, likely enabling the company to accelerate its product development, expand its market reach within the healthcare sector, and enhance its data-driven risk management capabilities. This substantial capital infusion is expected to fuel growth initiatives, potentially including broader adoption of its platform, further integration of advanced analytics, and strengthening its position as a key player in healthcare risk intelligence.
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