How Much Did CrossTx Raise?
Funding & Key Investors

CrossTx has solidified its position within the health-tech ecosystem, securing a total capital infusion of $1.5M to date. The company recently finalized a major strategic investment of $130K, marking a significant milestone in its trajectory toward scaling enterprise-level care coordination solutions. This latest injection of financing underscores the growing market demand for interoperable platforms that bridge the gap between disparate health systems and human services agencies.

The funding history reflects a deliberate growth strategy, beginning with early-stage backing in 2016, followed by a substantial seed-stage injection in 2017, and culminating in the recent debt-based financing in 2021. This progression highlights the company's ability to attract diverse capital sources as it matures from a nascent startup into a robust provider of value-based care infrastructure.

What is CrossTx?

CrossTx
SoftwareHealthcare Software

CrossTx operates as a sophisticated closed-loop care coordination and referral management platform. By integrating directly with major electronic health records (EHRs), the platform enables health systems, hospitals, and nonprofits to streamline complex workflows and maintain compliance with evolving healthcare regulations. The core value proposition lies in its ability to facilitate behavioral health integration and chronic care management, effectively fostering a patient-centric environment. Through its innovative technology, CrossTx addresses the critical need for seamless communication among healthcare providers, ultimately driving improved patient outcomes and operational efficiency in an increasingly fragmented medical landscape.

How much funding has CrossTx raised?

CrossTx has raised a total of $1.5M across 3 funding rounds:

2016

Private Equity

$663K

2017

Angel/Seed

$735K

2021

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. The organization provides funding and strategic guidance to high-potential startups, particularly those with local ties, emphasizing investment in seed and Series A opportunities.

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

What's next for CrossTx?

With the recent infusion of $130K, CrossTx is well-positioned to accelerate its market penetration and enhance its product suite. The company is expected to focus on deepening its EHR integration capabilities and expanding its footprint within the human services sector, where the demand for coordinated care remains high. As the healthcare industry shifts further toward value-based reimbursement models, CrossTx's platform serves as a vital tool for organizations aiming to optimize resource allocation and improve clinical performance. Future strategic initiatives will likely involve scaling its behavioral health modules and strengthening its compliance framework to support larger enterprise clients across diverse geographic regions.

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Frequently Asked Questions Regarding CrossTx Financial Insights

What are the most recent funding rounds that CrossTx has completed, and what were the funding rounds?
CrossTx has recently completed 3 funding rounds: Debt on Jan 22, 2021, Angel/Seed on Feb 19, 2017, Private Equity on Jun 28, 2016.
What is the total amount of funding CrossTx has raised to date?
CrossTx has raised a total of $1.5M in funding to date.
How many funding rounds has CrossTx completed?
CrossTx has completed 3 funding rounds.
How much funding did CrossTx raise in its most recent funding round?
CrossTx raised $130K in its most recent funding round.
Who are the lead investors in CrossTx's latest funding round?
The lead investor in CrossTx's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CrossTx's history?
The largest funding round in CrossTx's history was $735K.
See more information about CrossTx