Zipline.io, a Melbourne, Australia-based health, and aged care compliance reporting platform, has raised $10 million in funding, led by existing backer EVP, with the VC’s largest follow-on cheque, supported by King River Capital.
New backers include TechnologyOne founder Adrian Di Marco, Aconex cofounders Leigh Jasper and Rob Phillpot, the Sypkes Family Office, and SecondQuarter Ventures.
Michael Momsen, founder, and CEO of Zipline said, “In both markets, frontline teams are drowning in compliance burdens. The industry really is looking for a better way, as the implications of getting it wrong really hurts. The industry absorbs millions of dollars in fines for non-compliance, and ultimately results in consumers getting the worst outcomes.”
Zipline.io is now used in a third of aged care homes in Australia. The software and kiosk platform are now used to manage visitor, staff, volunteer, and contractor compliance on-site in aged care facilities and hospitals.
The company recently launched a new offering called QuickStart, which uses AI to automatically collect all 15+ documents required to be compliant and verify they are legitimate.
Company: ZIPLINE.IO PTY LTD
Raised: $10.0M
Round: Unknown
Funding Month: December 2022
Lead Investors: EVP
Additional Investors: King River Capital, Adrian Di Marco, Leigh Jasper and Rob Phillpot, the Sypkes Family Office, and SecondQuarter Ventures
Company Website: https://zipline.io/
Software Category: Frontline Compliance Management for Healthcare
About the Company: Founded by Michael Momsen, Zipline is a developer of software intended to automate frontline compliance workflows for healthcare organizations. It is built for aged care, skilled nursing, Hospitals, and healthcare. Zipline's software ensures compliance, helps providers streamline operations to avoid extra queues, and allows consumers to book maternity wards or aged care facility tours online. The company's software combines omnichannel micro surveys with real-time sentiment analysis tools to provide customer insights to track visitors, workers, volunteers, and contractors, enabling organizations to enhance patient and resident experiences by streamlining their operations. Zipline is a "Fast100" startup automating "Frontline Compliance" workflows in healthcare organizations in Australia and the USA.
Source: https://www.startupdaily.net/topic/funding/health-regtech-startup-zipline-banks-10-million-for-us-push/