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Profility Closes Round B Capital Raise; Adds New Board Member

PRIVATEApr 10, 2023

Round Type

Funding Round

BostonInformation TechnologyHealth Care

Investors

Valitas VC

Description

Profility Inc , a cloud-based, enterprise-grade platform features a full suite of post-acute care connectivity solutions and tools that are easy to deploy and that do not require any heavy integration with existing systems and software products. The platform leverages multiple existing big data sources and predictive analytics technology to create personalized care planning profiles that can be used to support post-acute care decision making throughout every aspect of care delivery., announced today it has closed Commercial Round led by Valitas VC which having a unique model of improving the commercialization process (GTM).The fund is led by managers with a rich business experience which has been accumulated in the Health, MedTech, Entrepreneurship and Capital industries. Also participating were existing investors as well as founders. This funding will accelerate the Go to Market within the US market.

Quick answer

Profility raised an undisclosed amount in a Funding Round round, dated April 10, 2023. Investors: Valitas VC. Profility is based in Boston, Massachusetts, United States.

How much did Profility raise?
Profility raised an undisclosed amount in a Funding Round round on April 10, 2023.
Who invested in Profility?
Valitas VC is named as investors in this round.
What does Profility do?
Profility provides technology that enables truly personalized care planning, by optimizing decisions and transitions within a healthcare ecosystem and leveraging existing knowledge about how patients will respond to a..
Where is Profility based and how big is it?
Profility is based in Boston, Massachusetts, United States.
Who are the decision-makers at Profility?
Fundz holds 1 contact at Profility. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Health Care around the same time

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

  • Visana Health raised $13M on May 25, 2023.
  • MiRTLE Medical raised $384K on May 25, 2023.
  • Qnovia raised $2.9M on May 25, 2023.
  • Renibus Therapeutics raised $64M on May 25, 2023.
  • EliseAI raised $35M on May 23, 2023.
  • Porter raised $8M on May 23, 2023.

Who to call at Profility, and when

A new round usually means Profility is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Profility

Location

Boston, Massachusetts, United States

About

Profility provides technology that enables truly personalized care planning, by optimizing decisions and transitions within a healthcare ecosystem and leveraging existing knowledge about how patients will respond to a particular treatment or pathway. This ability to understand the patient and his or her UNIQUE CHARACTERISTICS is what sets our solution apart. Our advanced profiling technology matches patients to clusters of near-clones and then draws on existing data regarding how such patients reacted to treatment/care pathways. Profility looks beyond the average patient to personalize care. Profility combines advanced profiling based on big data with proprietary algorithms to discover hidden patterns and previously hard-to-identify groups of similar patients. Big data holds significant promise, but it only works if you can turn data into knowledge, and put that knowledge to work, and that is where Profility comes in. Predictive analytics provides vast potential to improve the way we dig into existing information and apply new knowledge to deliver better healthcare. Profility uses advanced profiling to construct homogenous clusters of patients from the bottom up, starting with a specific patient’s individual profile. Patients within each cluster share characteristics, and can thus be used to understand the effectiveness of different treatments and different providers.

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