NextImage Medical, Inc., a San Diego, CA-based provider of next-generation radiology services to the workers’ compensation market, has raised $5m in a Series A financing.
The round was led by Chrysalis Ventures.
The funds will be used to accelerate NextImage Medical’s market expansion and enhance its technology platform, which provides health care imaging solutions for worker’s compensation insurance, group health insurance, self-insured employers, third party administrators, and consumers.
In conjunction with the financing, Koleman Karleski, Chrysalis Ventures Managing Director, will join the board.
Commenting on the funding, Serial entrepreneur Liz Griggs, who founded NextImage Medical in 2008, said: “With this capital and our relationship with Chrysalis, we look forward to aggressively expanding our footprint as well as continuing our technology development to deliver lower costs, a streamlined workflow and the best quality for our customers”.