What is CrossTx?
CrossTx operates a sophisticated closed-loop care coordination and referral management platform tailored for health systems, hospitals, health and human services agencies, and nonprofits. The platform is engineered for seamless integration with leading electronic health records (EHRs) and adheres to stringent healthcare regulations. By offering robust tools for chronic care management, behavioral health integration, and general care coordination, CrossTx is dedicated to improving patient outcomes and optimizing operational workflows. Its technology fosters a collaborative environment among healthcare providers, championing a patient-centric approach to care delivery and management.
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. The organization aims to generate attractive returns for its investors while building a strong pool of early-stage capital to support local entrepreneurs.
What's next for CrossTx?
With substantial enterprise-level financing and a recent strategic investment, CrossTx is poised for accelerated growth and market penetration. The company's focus on enhancing value-based care through integrated coordination and referral management aligns with current healthcare industry trends. Future developments are likely to involve further platform enhancements, expanded partnerships with healthcare providers and EHR vendors, and potentially new service offerings to address emerging challenges in patient care and operational efficiency. The sustained capital infusion signals strong investor confidence in CrossTx's business model and its capacity to drive significant improvements in healthcare delivery.
See full CrossTx company page
