What is SwipeSense?
SwipeSense operates at the intersection of healthcare and technology, developing a sophisticated safety platform designed to mitigate harm and reduce waste within healthcare systems. By collecting millions of data points, the company provides robust insights to clinicians, hospital executives, and staff, aiming to prevent infections, optimize equipment utilization, and enhance the overall patient experience. Their connected hospital platform is central to their mission of eliminating preventable medical errors and curbing substantial costs in the U.S. healthcare sector.
How much funding has SwipeSense raised?
SwipeSense has raised a total of $27M across 6 funding rounds:
Other Financing Round
$50K
Unspecified
$930K
Private Equity
$1.7M
Private Equity
$9.7M
Debt
$4M
Private Equity
$10.6M
Other Financing Round (2012): $50K with participation from Healthbox
Unspecified (2012): $930K led by Jumpstart Ventures
Private Equity (2014): $1.7M supported by TEXO Ventures
Private Equity (2015): $9.7M, investors not publicly disclosed
Debt (2016): $4M backed by TEXO Ventures
Private Equity (2017): $10.6M, investors not publicly disclosed
Key Investors in SwipeSense
TEXO Ventures
TEXO Ventures is an early-stage healthcare venture capital firm based in Austin, TX, focused on investing in and building innovative healthcare companies. The firm specializes in technology-enabled health services that combine Health IT and Health Services, emphasizing scalable business models with lower capital requirements and fewer regulatory challenges.
Jumpstart Ventures
Jumpstart Ventures is an investment firm that provides capital and strategic support to early-stage companies. Their focus often includes technology and innovation sectors, aiming to foster growth and market leadership for their portfolio companies.
What's next for SwipeSense?
With the recent infusion of major strategic investment, SwipeSense is poised for accelerated growth and enhanced market penetration. The company's focus on data-driven insights and its mission to improve patient safety and operational efficiency in hospitals position it for continued success. Future developments are likely to involve expanding the capabilities of its connected hospital platform and forging new partnerships to address critical challenges in healthcare delivery. This latest capital injection signals a strong confidence in SwipeSense's business model and its potential to reshape healthcare operations.
See full SwipeSense company page
