Medxoom Raises $8M in Series A Financing


Medxoom, an Atlanta, GA-based healthcare marketplace platform, raised an additional $8m in Series A funding.

The round was led by Castellan Group, with participation from existing investors Las Olas VC and TTV Capital, as well as additional participation from healthcare tech and venture communities. In conjunction with the funding, Sean Smith, healthcare IT veteran and Founder of Zelis Healthcare, will join Medxoom’s board.

The company intends to use the funds to expedite business growth, increase staff and expand payments, financial services and marketplace capabilities to scale.

Led by Jeff Toewe, CEO and Founder, Medxoom provides a white label healthcare marketplace platform offered to plan administrators, payers and healthcare systems to improve member engagement, care selection and payments experiences.