What is Validic?
Validic operates at the forefront of remote patient monitoring, offering an EHR-integrated platform that connects over 580 health devices. Their comprehensive clinical solution suite, coupled with a robust health IoT data engine and enablement services, is designed to enhance patient outcomes and optimize clinical workflows. Leveraging Generative AI, Validic automates complex processes and provides clinicians with summarized patient data, impacting over 18 million lives and collaborating with more than 160 healthcare organizations. The company's strategic focus on population health management and scalable personalized care positions it as a leader in the evolving healthcare landscape.
How much funding has Validic raised?
Validic has raised a total of $31.6M across 6 funding rounds:
Other Financing Round
$78K
Angel/Seed
$724K
Angel/Seed
$1.3M
Series A
$5M
Series B
$12.5M
Other Financing Round
$12M
Other Financing Round (2011): $78K with participation from Jamie Beckland
Angel/Seed (2013): $724K, investors not publicly disclosed
Angel/Seed (2014): $1.3M supported by SJF Ventures
Series A (2014): $5M featuring Greycroft Partners and SJF Ventures
Series B (2015): $12.5M backed by Kaiser Permanente Ventures
Other Financing Round (2022): $12M with participation from Green Park & Golf Ventures, Kaiser Permanente Ventures, and Arkin Digital Health
Key Investors in Validic
Kaiser Permanente Ventures
Kaiser Permanente Ventures is a national leader in strategic venture investing in healthcare, focusing on advancing healthcare innovation. The company partners with entrepreneurs to build promising healthcare solutions that provide clear value for patients, providers, and healthcare delivery systems. They aim to bridge the gap between the healthcare system and the innovation ecosystem, integrating new approaches into established organizations. Their investments target areas of real need within the healthcare sector.
Green Park & Golf Ventures
Green Park & Golf Ventures is a Dallas-based venture capital firm with over 60 years of operational and financial experience, focusing on investment opportunities in medical-related start-ups. The firm, led by Clay Heighten, M.D., and Carl Soderstrom, seeks to provide strategic solutions and financial backing to companies that demonstrate compassion, innovation, and strong management teams. Their typical investment ranges from $500,000 to $2,000,000, aimed at supporting start-up or growth capital needs. With a robust network and a history of successful investments, Green Park & Golf Ventures is well-positioned to identify and nurture promising ventures in the healthcare sector.
Greycroft Partners
Greycroft is a leading venture capital firm focused on investments in the Internet and mobile markets. Greycroft leverages an extensive network of media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, bring their products to market, and build successful businesses. Greycroft manages in excess of $1 billion and has made over 150 investments since inception in leading companies including Acorns, App Annie, Boxed, Braintree, Buddy Media, Everything But The House, Extreme Reach, Huffington Post, Icertis, JW Player, Maker Studios, Plated, Scopely, Shipt, TheRealReal, Thrive Market, Trunk Club, Venmo, WideOrbit, and Yeakha.
What's next for Validic?
The recent major strategic investment signals Validic's readiness for its next phase of growth, likely focusing on expanding its AI-driven capabilities and broadening its market reach. With a substantial total funding amount of $31.6M, the company is well-positioned to further develop its intelligent digital care solutions, enhance its platform's interoperability, and solidify its partnerships within the healthcare ecosystem. This capital infusion is expected to accelerate innovation in remote patient monitoring and data analytics, reinforcing Validic's commitment to improving patient outcomes and streamlining healthcare delivery.
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