What is CrossTx?
CrossTx operates as a sophisticated closed-loop care coordination and referral management platform. Its primary objective is to optimize value-based care delivery for a broad spectrum of entities, including hospitals, health and human services agencies, and nonprofit organizations. The platform is engineered to integrate fluidly with existing electronic health record systems, thereby reducing administrative friction and ensuring compliance with stringent healthcare regulations.
By facilitating chronic care management and behavioral health integration, CrossTx empowers healthcare providers to streamline complex workflows. The platform serves as a digital bridge between disparate care settings, fostering a collaborative ecosystem that prioritizes patient-centric outcomes. Through its innovative software architecture, CrossTx addresses the critical need for interoperability and efficient resource allocation in an increasingly fragmented healthcare market.
How much funding has CrossTx raised?
CrossTx has raised a total of $1.5M across 3 funding rounds:
Private Equity
$663K
Angel/Seed
$735K
Debt
$130K
Private Equity (2016): $663K, investors not publicly disclosed
Angel/Seed (2017): $735K led by Frontier Angel Fund
Debt (2021): $130K supported by PPP
Key Investors in CrossTx
Frontier Angel Fund
Frontier Angels is a Montana-based network of over 100 accredited angel investors focused on accelerating the growth of technology startups in the region.
Undisclosed Investor
Undisclosed investor participating in the funding round.
PPP
Public-Private Partnership
What's next for CrossTx?
With the recent strategic investment, CrossTx is well-positioned to accelerate its product development roadmap and deepen its market penetration. The company is expected to focus on enhancing its predictive analytics capabilities and expanding its integration suite to support a wider array of health systems. As the demand for integrated care solutions continues to rise, CrossTx will likely leverage this capital to scale its sales and support infrastructure, further cementing its status as an essential partner for organizations striving to improve clinical efficiency and patient engagement in a value-based care environment.
See full CrossTx company page