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Medical Informatics Corp. Raises $27 Million In Financing To Help Hospitals Manage Staff Shortages And Create New Standard Of Data-Driven Care

PRIVATENov 29, 2022

Amount Raised

$27 Million

Round Type

Funding Round

HoustonInformation TechnologyBiotechnologyHealth CareMedicalMedical DeviceHealth Diagnostics

Investors

DcvcTGH InnoventuresIntel CapitalCatalio Capital Management

Description

Medical Informatics Corp. (MIC), a leading provider of virtual care and analytics, is announcing $27 million in financing with a $17 million Series B co-led by Catalio Capital Management (“Catalio”), through Catalio’s venture capital strategy, and Intel Capital. The financing also includes an additional $10 million in debt led by Catalio through Catalio’s structured equity strategy. New investors TGH Innoventures - Tampa General Hospital’s innovation center and venture fund - and Notley, and existing investors DCVC, TMC, and nCourage also participated in the round

Quick answer

Medical Informatics raised $27 Million in a Funding Round round, dated November 29, 2022. Investors: Dcvc, TGH Innoventures, Intel Capital and Catalio Capital Management. Medical Informatics is based in Houston, Texas, United States.

How much did Medical Informatics raise?
Medical Informatics raised $27 Million in a Funding Round round on November 29, 2022.
Who invested in Medical Informatics?
Dcvc, TGH Innoventures, Intel Capital and Catalio Capital Management are named as investors in this round.
What does Medical Informatics do?
Medical Informatics Corp. (MIC) is setting a new standard of care founded on improved patient monitoring, real-time predictive analytics, and patient-centered healthcare.
Where is Medical Informatics based and how big is it?
Medical Informatics is based in Houston, Texas, United States. Fundz records about 89 employees.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

Companies in the same sectors as Medical Informatics that raised within 45 days of this round, from Fundz verified event records.

  • DeepUll raised $13M (Series B) on October 20, 2022.
  • MedX Health raised an undisclosed amount (Convertible Note) on January 6, 2023.
  • Volta Medical raised $38M (Series B) on January 5, 2023.
  • TRiCares raised $54M (Series C) on December 6, 2022.
  • MedX Health raised an undisclosed amount (Convertible Note) on November 18, 2022.
  • BIODESIX INC raised an undisclosed amount (Debt Financing) on November 16, 2022.

Who to call at Medical Informatics, and when

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Company Information

Company

Medical Informatics

Location

Binz St

Houston, Texas, United States

About

Medical Informatics Corp. (MIC) is setting a new standard of care founded on improved patient monitoring, real-time predictive analytics, and patient-centered healthcare. We empower every member of the medical team to improve patient care, expedite intervention, reduce risk, and help create financially strong hospitals by enabling more informed, data-driven decisions. Our Sickbay™️ clinical surveillance and analytics platform features a vendor-neutral Time Series Data Engine (TSDE)™️ and is cleared as a Class II medical device for patient monitoring, analytics, and alarm distribution. Using Sickbay, physicians, researchers and other members of the care team can go beyond a clinical summary to access complete patient histories, automate documentation including waveforms, create scalable teleICUs and command centers, and directly develop and deploy algorithms and analytics – at scale. More information is available at www.michealthcare.com.

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Medical Informatics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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