Led · Series A · Nov 2024

ThoroughCare offers an NCQA-accredited, multi-tenant digital care coordination platform that manages medical, behavioral, and social elements of care delivery across the healthcare continuum. The platform serves a wide range of organizations—from independent practices to accountable care organizations, health systems, and health plans—and is used by approximately 700 care delivery organizations in the U.S. ThoroughCare’s solution focuses on personalized health experiences, streamlining value-based care delivery, and identifying next best actions at critical moments. The company plans to use its recent funding to accelerate product development, strengthen strategic account management, and expand into new markets. Founded in 2013 and based in Pittsburgh, ThoroughCare emphasizes scalable, workflow-integrated solutions that aim to improve patient outcomes and operational efficiency. The company recently closed a $5 million Series A to support these initiatives. ThoroughCare is an integrated care coordination software platform that helps healthcare providers deliver value-based care through SaaS applications, analytics, and mobile apps. The company recently launched ThoroughCare Analytics to support streamlined patient engagement, integrated coordinated care, and simplified value-based reimbursement programs. It provides digital care coordination solutions to over 600 health clinics and physician practices throughout the United States. Founded in 2013 and based in Pittsburgh, ThoroughCare’s software, analytics, and mobile applications support a holistic continuum of care and help identify next-best actions. The company plans to use new capital to accelerate platform technology enhancements, expand business development into new markets, and grow customer success initiatives. Financially, ThoroughCare has secured a $3 million non-dilutive growth capital investment from Cypress Growth Capital to support these growth efforts.

Led · Series A · Jan 2024

Care Continuity provides data-driven patient navigation combining advanced analytics, purpose-built digital tools, and one-to-one concierge interactions to guide patients and members through care journeys. The company serves some of the country’s largest health systems, payers, and ACOs and aims to reduce patient leakage while improving network utilization. Recent funding is intended to support growth, product development, and further enablement of AI to enhance its navigation offerings and expand reach. Operationally, Care Continuity reports a 60% revenue CAGR and a 155% increase in navigated patients, alongside an expanded product offering. The company has also built out its management team with hires in sales and marketing, technology, data science, and advisory services. Leadership positions the platform as a quality medium for engaging members and navigating them to network care within fragmented healthcare systems.

Led · Series A · Jan 2020

VEDA Data Solutions operates a platform that uses AI and machine learning to increase the accuracy of healthcare directories. The company was cofounded about five years ago by astronomer Dr. Bob Lindner and political entrepreneur Meghan Gaffney Buck. Gaffney Buck is the company’s CEO and Lindner serves as CTO. VEDA plans to use the new funding to expand its AI automation platform. Prior to this round the startup raised $2 million across two seed rounds. The $5 million Series A brings the company’s total venture capital raised to $7 million to date. VEDA Data Solutions builds a platform that keeps healthcare provider directories accurate by updating data every 24 hours and operating without a dashboard. The company was founded by Meghan Gaffney Buck and astrophysicist/CTO Bob Lindner. VEDA is seeking to introduce its platform to more health systems and insurers and plans to hire following the latest funding. Financially, the startup closed a $1 million seed round led by New Dominion Angels; this follows an earlier $1 million seed round in the fall also led by New Dominion Angels. Participating investors in the latest round included Riverbend Capital and Vidinovo. Buck has said that inaccurate directory data is a pervasive problem that collectively costs insurers $3 billion.