How Much Did ProCredEx Raise?
Funding & Key Investors

ProCredEx has secured $4.6M in total capital, with its most recent financing round bringing in $4.6M through a major strategic investment. This significant backing underscores the company's pivotal role in the healthcare credentialing sector and its potential for substantial growth.

What is ProCredEx?

ProCredEx
SoftwareHealthcare SoftwareBusiness Services

Founded in 2018 and headquartered in Tampa, Florida, ProCredEx offers a secure platform designed for credentialing professionals. The service enables immediate verification acquisition from accredited exchange members and allows users to resell verified data to other organizations. This innovative approach addresses critical needs within the healthcare industry for efficient and reliable data exchange, positioning ProCredEx as a key player in streamlining professional credentialing processes.

How much funding has ProCredEx raised?

ProCredEx has raised a total of $4.6M across 1 funding round:

2021

Unspecified

$4.6M

Unspecified (2021): $4.6M with participation from Martin Ventures and Spectrum Health Ventures

Key Investors in ProCredEx

Martin Ventures

Martin Ventures is a venture capital firm focused on transforming the healthcare ecosystem by investing in companies that reward providers for achieving excellent health outcomes. They specialize in value-based care initiatives and support innovative healthcare solutions.

Spectrum Health Ventures

Spectrum Health Ventures is the investment arm of an integrated health system, aiming to improve population health, patient experience, provider experience, and reduce healthcare costs. They invest in companies that align with the Quadruple Aim and leverage their expertise to drive growth in innovative health solutions.

What's next for ProCredEx?

The substantial enterprise-level funding indicates ProCredEx is poised for significant expansion. This capital infusion is likely to fuel further development of its platform, enhance its market reach, and potentially explore new strategic partnerships. The company's focus on secure data exchange and resale positions it to capitalize on the increasing demand for verified professional information within the healthcare ecosystem, suggesting a trajectory towards broader adoption and market leadership.

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Frequently Asked Questions Regarding ProCredEx Financial Insights

What are the most recent funding rounds that ProCredEx has completed, and what were the funding rounds?
ProCredEx has recently completed 1 funding rounds: Unspecified on Jul 28, 2021.
What is the total amount of funding ProCredEx has raised to date?
ProCredEx has raised a total of $4.6M in funding to date.
How many funding rounds has ProCredEx completed?
ProCredEx has completed 1 funding rounds.
How much funding did ProCredEx raise in its most recent funding round?
ProCredEx raised $4.6M in its most recent funding round.
Who are the lead investors in ProCredEx's latest funding round?
The lead investor in ProCredEx's latest funding round was Martin Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ProCredEx's history?
The largest funding round in ProCredEx's history was $4.6M.
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