Rymedi Raises $9M in Series A Funding

Rymedi

Rymedi, a Greenville, SC-based healthcare data exchange platform with advanced blockchain security, raised $9m in Series A funding.

The round was co-led by RW3 Ventures and White Star Capital with participation from Blockchange Ventures, Avalanche’s Blizzard Fund, and strategic angel investors from the healthcare industry.

The company intends to use the funds to expand the reach of the platform.

Founded in 2018 by David Stefanich, CEO, Rymedi provides a blockchain powered healthcare data exchange platform that meets multijurisdictional compliance so that data is securely transferred while meeting healthcare compliance standards worldwide. The platform currently supports Clemson University and many other large organizations throughout the world. With over 1 million lives on the platform in over 1,200 locations in the US, Africa, and Australia, it is utilized for occupational health, laboratories, diagnostic devices, and clinical trials.

FinSMEs

25/10/2023