Xealth Secures Additional $3M in Series A Funding

Xealth logoXealth, a Seattle, WA-based platform for connecting digital health, secured an additional $3m in its Series A financing, bringing the amount raised in this round to $14m total.

New investors Atrium Health, Cleveland Clinic and MemorialCare Innovation Fund join McKesson Ventures, Novartis, Philips, ResMed, Threshold Ventures (formerly DFJ Venture), Providence Ventures, UPMC and Froedtert and the Medical College of Wisconsin health network.

The company intends to use the funds to advance the development and deployment of its platform for digital health programs.

Led by Mike McSherry, CEO, Xealth provides a digital health platform that enables health systems to organize, integrate, deploy and activate digital health tools for measurable clinical and financial results. Through the platform, clinicians can find and order the right digital health tools and programs for patients direct from the EHR workflow, send these digital health orders to the patient’s smartphone or desktop, and then monitor patient engagement and analyze the effects of more engaged patients.
The company, which spun out of Providence St. Joseph Health (PSJH) in 2017, works with UPMC, the Froedtert and the Medical College of Wisconsin health network, Duke Health and other leading health systems.

FinSMEs

20/06/2019

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