New Delhi: Reveal HealthTech on Thursday said it had raised $4 million in a seed round of Health companies WA health center risk capital company that invests in early-stage companies.
Reveal HealthTech provides cross-functional technology services to healthcare companies with its engineering, clinical and strategic support, and aims to partner with US-based healthcare organizations. health outcomesthe company said in a prepared statement.
The company’s team, spread across India and the US, will access an available pool of more than 150,000 engineers who have created products for the US healthcare industry, the statement added. ‘W Health Ventures’ global experience and focus on the healthcare technology sector gives us an inside track on the challenges facing the industry and will help accelerate our journey to become a leading industry player in this domain”. Sanchit Mullickfounder and CEO, said Reveal HealthTech.
Reveal HealthTech said it will use the capital to invest in developing its suite of services, establish a broader customer base and expand its talent acquisition, training and development efforts.
Reveal HealthTech aims to address three talent challenges facing healthcare organizations: talent identification and selection, lack of healthcare domain experience, and high turnover among software teams in healthcare organizations.
“With technology spending in the US healthcare sector growing at a CAGR of 13% and healthcare regulations constantly changing, there is a clear need for a focused and agile technology services company. in the industry that understands the challenges facing other healthcare companies. Pankaj Jethwanipartner, W Health Ventures, said.
Established in 2019, W Health Ventures invests in companies addressing critical unmet healthcare needs to improve care delivery by leveraging technology in the US and India.
