How Much Did CrossTx Raise?
Funding & Key Investors

CrossTx has successfully secured a significant capital infusion, bringing its total funding to $1.5M. This latest financial milestone, characterized by a $130K injection, underscores the company's pivotal role in the evolving landscape of healthcare technology. By attracting substantial backing, CrossTx continues to solidify its position as a critical infrastructure provider for health systems navigating the complexities of modern medical delivery.

The company's growth trajectory, marked by a series of strategic financing rounds, reflects a robust commitment to scaling its proprietary care coordination platform. As the healthcare sector shifts toward value-based models, the influx of capital provides the necessary runway to expand its operational footprint and enhance its technological capabilities, ensuring that providers can maintain seamless continuity of care across diverse clinical environments.

What is CrossTx?

CrossTx
SoftwareHealthcare Software

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:

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.

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.

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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.
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