Upfront Healthcare, a patient engagement platform, raised $11.5 million in a Series B funding round.
Baird Capital and LRVHealth led the funding round. Other investors include Echo Health Ventures, Nashville Capital Network, Hyde Park Venture Partners, and Martin Ventures.
According to the company, its platform proactively reassures and directs patients to appropriate care options within the health system. Using the platform, patients can book and complete necessary care, use the most appropriate site of care, enroll in care coordination services, successfully navigate a care journey or transition, and understand how to stay safe in unusual conditions.
“The combination of Upfront’s deep industry expertise and robust platform capabilities is critical and timely as health systems increasingly adopt digital solutions to better navigate the complex and rapidly changing care ecosystem for their patients,” said Jim Pavlik, Partner with Baird Capital.
The latest round brings the company’s total funding raised to more than $21 million to date. The additional funds will support to accelerate the product roadmap and expand sales and marketing, the company said.
“We set out more than four years ago to help patients navigate the complexities of the healthcare system by delivering a cohesive and frictionless experience, and we have made great progress toward that goal,” said Albert, Upfront’s CEO. Albert also founded Care Team Connect, which was sold to Advisory Board in 2013 for $35 million.
Patient engagement software startups have raised $1 billion in the past five years. Recently, SeamlessMD, a digital patient engagement platform, raised $4 million in a Series A financing round. The funding round was led by MedTeq+, with participation from Hikma Ventures, Anges Québec, AIoT Health, and others. ConnectedH, a cloud-based patient engagement platform, raised an undisclosed Seed funding from venture capital First Cheque and others.
