AcuityMD, a Boston, MA-based platform for commercializing and improving medical devices with data, closed a $7m financing round.
The round was led by Benchmark with participation from Ajax Health. In conjunction with the funding, Eric Vishria, General Partner at Benchmark will also join AcuityMD’s board of directors.
The company will use the funding to accelerate hiring with a goal to double the team by the end of the year, and continue to invest in product development.
Led by Mike Monovoukas, CEO and Co-founder, AcuityMD has created a data platform for the entire medical device lifecycle, from sale and surgery to patient outcomes. The company serves Fortune 500 medical device manufacturers, giving them access to a software platform and curated data to target new sales opportunities, identify existing product users, and over time, understand the performance of their products in the market.
The platform can be tailored to serve any market vertical, including orthopaedics, spine, biologics, surgical imaging, endoscopy and more.