Rekonnect – a provider of a post-sale service feedback analytics and regulatory compliance management platform for medical device innovators and healthcare professionals – raised $400,000 in Seed funding.
Curus, Loop Capital, and Fast Track Capital led the investment round with participation from Angcell Ventures and angel investors, including Ingela Hallberg, Emil Sjödin, and Björn Andersson.
With new funds, Rekonnect plans to scale up its B2B cloud-based platform designed for medical technology companies to achieve post-market success. The platform brings together important players in the medical technology industry, including healthcare professionals, resellers, distributors, and medical technology manufacturers, to easily exchange valuable data, fostering a collaborative environment that drives innovation and improves patient outcomes.
“We saw that selling medical devices through global distributors created a disconnect that left device-users isolated from essential support, also customer data and device usability insights owned by distributors. We are on a mission to digitally transform and centralize the device data and user insights and ensure companies meet MDR regulations,” said Will Gray, Co-founder and CEO.
Digital health companies have raised close to $200 billion in funding to date, according to our funding database. More recently, August Health, a modern resident care platform for senior living operators that helps communities save time, improve care, maintain compliance, and increase care revenue, raised $15 million in Series A funding led by Matrix Partners and General Catalyst with participation from Dan Baty, the founder of Columbia Pacific, and Arine Whitman, founder of Formation Capital. In another deal, MedTrainer, a provider of compliance and credentialing software solutions for healthcare providers, raised $43 million in Series B funding led by Vista Equity Partners with participation from Telescope Partners.
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