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HealthSnap Closes $25 Million Series B Funding Amidst Continued Triple Digit Growth of Remote Patient Monitoring and Chronic Care Management Platform

PRIVATEFeb 21, 2024

Amount Raised

$25 Million

Round Type

Series B

MiamiInformation TechnologyHealthcareSoftwareData And AnalyticsHealth CareScience And Engineering

Investors

TGH VenturesMac Donald VenturesFlorida FundersAsclepius Growth CapitalFlorida Opportunity FundAcronym Venture CapitalComcast VenturesSands Capital

Description

HealthSnap, a Miami-based Remote Patient Monitoring (RPM) and Chronic Care Management (CCM) solution for healthcare providers, announced its Series B financing totaling $25 million. The round was led by Sands Capital, with new investments from Comcast Ventures, Acronym Venture Capital, and Florida Opportunity Fund. Existing shareholders, Asclepius Growth Capital, Florida Funders, MacDonald Ventures, and TGH Ventures also participated in the round.

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Company Information

Company

HealthSnap

Location

1951 NW 7TH AVENUE

Miami, Florida, United States

About

HealthSnap is an integrated Virtual Care Platform that helps healthcare organizations improve patient outcomes, reduce utilization, and diversify revenue streams. From chronic disease-agnostic Remote Patient Monitoring (RPM) to AI-guided care coordination, virtual care delivery, automated RPM billing, population analytics - and so much more, HealthSnap is the simplest way to manage chronic conditions remotely.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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