What is Xealth?
Founded in 2017, Xealth operates at the intersection of healthcare and technology, providing a crucial digital health platform. This innovative solution empowers health systems to seamlessly integrate, prescribe, and monitor a variety of digital health tools directly within their existing electronic health records (EHRs). By centralizing these digital solutions, Xealth significantly enhances clinician workflows and patient engagement. The platform's capabilities include consolidated reporting and streamlined patient communication, making it an indispensable tool for over 100,000 physicians across numerous health systems. Xealth's focus on facilitating personalized digital care positions it as a key player in the evolving healthcare landscape.
How much funding has Xealth raised?
Xealth has raised a total of $15.5M across 3 funding rounds:
Angel/Seed
$8.5M
Debt
$1M
Unspecified
$6M
Angel/Seed (2017): $8.5M with participation from Providence, UPMC, Hennepin Healthcare System, Draper Fisher Jurvetson, and Froedtert Health
Debt (2020): $1M led by PPP
Unspecified (2020): $6M supported by LRVHealth and Cerner Corporation
Key Investors in Xealth
LRVHealth
LRVHealth is a venture capital firm focused on investing in disruptive digital health, devices, and diagnostic companies. Founded in 2000, it is based in Boston, Massachusetts.
Cerner Corporation
Cerner Corporation is an American supplier of health information technology services, devices, and hardware, headquartered in Kansas City, Missouri.
Draper Fisher Jurvetson
Draper Fisher Jurvetson is a leading venture capital firm with a global presence, known for investing in extraordinary entrepreneurs across various sectors, including technology and healthcare.
What's next for Xealth?
The recent enterprise-level funding indicates Xealth's transition into a scaling phase, likely focusing on expanding its market reach and enhancing its platform's capabilities. Future strategic initiatives may involve deeper EHR integrations, broader adoption across diverse healthcare networks, and the development of new digital health solutions. Continued investment will be critical for Xealth to maintain its competitive edge and further its mission of improving patient care through technology. The company's trajectory suggests a strong potential for further innovation and market leadership in the digital health space.
See full Xealth company page