iGetBetter Raises $1.1M in Series A Funding Round

igetbetteriGetBetter, Inc., a Sudbury, MA-based provider of cloud post-acute care transition solutions for healthcare providers to reduce readmissions and unnecessary costs, raised an additional $1.1m in Series A funding round.

The round now amounts to $2.6m.

Backers included private investors and included angel investors as well as members of the iGetBetter management team.

Established in 2013 by Win Burke, CEO, iGetBetter develops, markets and services a mobile, Web and cloud-based care transition solution designed to help healthcare organizations reduce readmissions by engaging patients in their treatments and recovery as they transition from hospital to home.
The company has ended its first year of pilots with healthcare providers and look forward to completing these initial pilots, and preparing for a phase of growth in 2015 and 2016.
Pilots include patients with congestive heart failure, total knee and hip replacements, hypertrophic cardiomyopathy, hypertension, diabetes and depression, and in some cases include patients with more than one of these conditions.

The company will use the Series A funds to complete these pilots and convert them to commercial contracts, as well as for general operations.

FinSMEs

18/02/2015

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