New and Previous Investors Contribute to Growing Investment in Population Health and Workflow Technology
SAN FRANCISCO—August 12, 2014
Acupera, the leading provider of population health and workflow technology for health systems, secured $4 million in financing from Lightspeed Venture Partners joined by The Whittemore Collection, Ltd, which supported the Series A funding. Acupera will use this latest funding round to scale its product development team and add to its customer implementation group.
“We track the adoption of population health technologies by large health systems, and Acupera is one of the few companies that has implemented a comprehensive solution designed from both a provider and patient perspective,” said David Chen of Lightspeed Venture Partners. “Acupera’s impressive growth trajectory, team and strategy were key drivers of our investment.”
With an integrated clinical analytics and workflow engine, Acupera enables health systems to evaluate their patient population and develop appropriate population and patient-level strategies for managing care. Like a second set of eyes for physicians and nurses, Acupera mines data from various sources such as Electronic Health Records (EHRs), medical claims, lab results and devices to create care plans based on clinical and behavioral gaps in care. Through Acupera’s technology, both historical and new data can be leveraged to improve care for entire patient populations.
“Acupera offers population health technology that fits seamlessly into existing provider workflows, supporting doctors and nurses, while improving the way that healthcare organizations care for the entirety of their patient populations,” said Dr. Ronald Razmi, CEO of Acupera. “For our first institutional round of funding, we selected Lightspeed Venture Partners as they understand the pressure our customers are under and the unique solution Acupera offers. They provide expertise that can help Acupera scale up successfully in the dynamic healthcare IT landscape.”
Acupera’s system is successfully deployed at St. Vincent Medical Center, a 22-hospital system in Indianapolis, Indiana.
“The Acupera team continues to impress us with a platform that enables virtual teams to coordinate care in a patient-centric manner,” said George Landegger, managing director of The Whittemore Collection, Ltd. “I have yet to see anything else like it on the market.”