Reveal HealthTech, a New York-based healthcare technology firm that offers healthcare companies technology-based support, raised $4 million in seed funding from W Health Ventures.
The funds will be used to invest in further developing its service suite, establishing a wider customer base, and expanding its talent acquisition, training, and development efforts.
Reveal HealthTech provides cross-functional technology services to healthcare companies, offering engineering, clinical, and strategic support.
The company aims to partner with US-based healthcare organizations to maximize patient health outcomes by removing technology as a constraint to innovation and scale.
Sanchit Mullick, Founder, and CEO, of Reveal HealthTech, says: "Healthcare is the largest sector in the US economy and has significant labor shortages, not just among clinicians but also from an engineering perspective. As technology takes center stage in driving healthcare transformation, the industry needs partners that can help drive purposeful adoption of technology in building new Digital Care Pathways. At Reveal HealthTech we seek to address this need by providing healthcare-specific engineering excellence complemented by clinical expertise and strategic insights. W Health Ventures' global expertise and focus on the health-tech sector gives us an inside track on the challenges faced by the industry and will help accelerate our journey to being an industry-leading player in this domain."
Reveal HealthTech aims to address the top three talent challenges faced by healthcare organizations today, including talent identification and selection, lack of healthcare domain expertise, and high turnover among software teams at healthcare organizations.
The company is focused on leveraging its domain expertise to create impactful healthcare technology solutions for its clients.
Company: Reveal HealthTech
Raised: $4.0M
Round: Seed Round
Funding Month: March 2023
Lead Investors: W Health Ventures
Additional Investors:
Company Website: https://revealhealthtech.com/
Software Category: Digital Health Support Platform
About the Company: Founded by Mullick, Salim Afshar, and Andrew Bravo, Reveal HealthTech offers specialized engineering and strategy support to healthcare organizations across the globe, especially in the US. Reveal HealthTech allows its clients to develop technology solutions without worrying about outsourcing or issues related to compliance with local norms. The company is focused on leveraging its domain expertise to create impactful healthcare technology solutions for its clients and will access an available pool of over 150,000 engineers who have built products for the US healthcare industry. Reveal HealthTech is on a mission to partner with clients to maximize patient health outcomes by using the transformative potential of technology in delivering care.
Source: https://www.prnewswire.com/news-releases/reveal-healthtech-secures-4-million-investment-from-w-health-ventures-to-drive-innovation-by-providing-healthcare-organizations-with-specialized-engineering-services-301778502.html