BOSTON, MA, Laudio, the management solution for healthcare, has raised a $13 million Series B funding round.
The round was led by Define Ventures with participation from existing investors .406 Ventures, InHealth Ventures, MemorialCare Innovation Fund, and TeleTracking Technologies. This brings Laudio's total funding to $25 million and highlights the growing demand from health system CEOs to deploy solutions that increase labor productivity and solve for the burnout crisis amongst frontline workers. A.G Breitenstein, Venture Partner at Define Ventures, is joining Laudio's Board of Directors and brings a wealth of digital health experience as the founder of FOLX Health and former Chief Product Officer of Optum Analytics.
Recognized as a 2022 Top 20 KLAS Emerging Solution, Laudio empowers and connects leaders in healthcare to drive outcomes that matter. With its leader operations solution, Laudio automates repetitive work and serves up daily recommendations and best practices that help frontline leaders gain better visibility into their teams, find opportunities for meaningful connection, and discover clearer paths to achieving their goals across four key operating pillars in healthcare, including people, operations, quality + safety and patient experience. Soon, every leader will be able to achieve what seems impossible today, and that is the vision that drives us.
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