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Avomd Raises $5M To Combat Clinician Burnout With No-Code Clinical App Building Platform

PRIVATEJun 23, 2023

Amount Raised

$5 Million

Round Type

Funding Round

New YorkInformation TechnologyBiotechnologySoftwareHealth Care

Investors

500 GlobalStart Up HealthMount Sinai Innovation PartnersColumbia UniversityDunamuMiraeVenture Partner At New Enterprise AssociatesDr. Kavita PatelMed Mountain VenturesEpsilon HealthLas OlasAlley Corp

Description

AvoMD, a no-code platform enabling clinicians and hospitals to easily make their own apps for use at the point-of-care, announced it has closed $5 million in seed funding led by early-stage venture fund AlleyCorp. AlleyCorp is joined by Las Olas, Epsilon Health, MedMountain Ventures, notable physician angel investors such as Dr. Kavita Patel, Venture Partner at New Enterprise Associates and Senior Policy Advisor at Stanford University, and existing investors Mirae and Dunamu. Other investors in the company include Columbia University, Mount Sinai Innovation Partners, StartUp Health, and 500 Startups.

Who else raised in Biotechnology and Software around the same time

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

  • Streamex Corp. raised $2.2M (Seed) on July 31, 2023.
  • RedHill Biopharma Ltd raised $2.7M (Seed) on July 21, 2023.
  • Streamex Corp. raised $495K (Seed) on July 19, 2023.
  • Streamex Corp. raised $1.7M (Seed) on June 30, 2023.
  • Streamex Corp. raised $3.7M (Seed) on May 16, 2023.
  • Gracell raised $150M (Post-IPO Equity) on August 7, 2023.

Who to call at AvoMD, and when

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Company Information

Company

AvoMD

Location

New York, United States

About

AvoMD is a software platform that translates clinical evidence – guidelines, pathways, and algorithms – into the workflow at the point of care, available in the EHR or as a standalone web/mobile application. AvoMD automates the ordering and documentation processes in addition to providing clinical guidelines in real-time, point-of-care optimized formats. Randomized control trials and implementations demonstrate that AvoMD saves clinicians over 50 percent of their time in clinical decision-making at the bedside while improving outcomes and reducing costs. Learn more at avomd.io, or email info@avomd.io. SOURCE AvoMD

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AvoMD 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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