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Cured Raises $2.5M in Seed Funding

2019-09-25
CHICAGO, IL, Cured announced a $2.5 million in Series Seed financing led by healthcare investor Waterline Ventures.
Cured, a healthcare technology company, announced today a $2.5 million in Series Seed financing led by healthcare investor Waterline Ventures, with participation from High Alpha Capital and Matchstick Ventures. Cured will use the funding to scale its platform development and delivery capabilities to support its growing client base of top health systems and healthcare services organizations.


Cured's mission is to help bring healthcare forward by better connecting individuals and their families to care. Navigating the complexities of the US healthcare system can be a challenging and stressful experience for those in need of care, and patients are often unable to get the right care from the right provider at the right time. Cured's platform solutions enable leading healthcare organizations to better manage patient and key partner relationships in their networks, perform outreach directly to patients via the channels of their preference, and improve patient access experience and efficacy.


Founded in May 2018 by a team of Epic Systems and Salesforce alumni, Cured has established a customer base that includes several top 50 health system and healthcare services organizations, such as Ochsner Health System, UnityPoint Health, and CHG Healthcare. "It has been incredibly rewarding to be able to help some of the nation's most respected healthcare organizations improve the way in which they are able to serve their patients and provide them with comprehensive solutions that improve patient journeys inside and outside the walls of their facilities. We are excited to further scale the team and our technology so that we increase our impact to the industry," notes Andrew Sawyer, Cured's co-founder and CEO.


"Healthcare systems are feeling immense pressure to engage with their patients as they would a 'customer'. This need is driven both by competition in the hospital market, new data being available on health system quality and cost, and a desire for patients to have the best possible experience when working with their care partner," said Robbie Greenglass, Managing Partner at Waterline Ventures. He further adds, "The Cured team brings together expertise and best practices from both the healthcare sector and CRM space to help hospitals transform how they interact with patients." Blake Koriath, CFO at High Alpha, notes "We're excited to be partnering with the Cured team to bring High Alpha's deep B2B SaaS and MarTech expertise to an industry where consumer experience is an increasingly-critical component of improved care delivery."


About Waterline Ventures

Waterline Ventures is a Massachusetts based investment fund focusing on investments in the healthcare technology and services sector.



Waterline Ventures invests in companies that are improving the way care is delivered. Increasing costs, inconsistent quality, and inadequate access to healthcare create the need for innovation. Companies that address these issues stand to create tremendous value while improving people's lives across the country and around the world. There is a massive and growing opportunity for technological transformation in healthcare. Waterline's family of entrepreneurs are leading the change within the healthcare system. For more information, please visit: waterlineventures.com



About High Alpha Capital

High Alpha is a leading venture studio focused on building next-generation enterprise cloud companies through a new model for entrepreneurship that unites company building and venture capital. The High Alpha team partners with entrepreneurs, investors and large corporations to conceive, launch and scale new software companies. For more information, please visit: highalpha.com or on Twitter @highalpha



About Matchstick Ventures

Matchstick Ventures is a venture capital firm that invests in rapidly growing, yet underserved startup ecosystems. With offices in Minneapolis and Boulder, Matchstick invests in early-stage software startups led by ambitious, yet humble founders. For more information, please visit: matchstickventures.com
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