Espresso Capital has provided over 230 early and growth stage technology companies with founder-friendly capital since 2009. It offers lines of credit and term loans to enable entrepreneurs to grow their businesses without dilution, board seats, or personal guarantees. Its mission is to keep founders in control with fast, fair, and flexible capital.

Espresso Capital

CIBC is a commercial banking firm that provides financial solutions for businesses. Their services include bank accounts, credit cards, mortgages, lending, investments, and insurance. Their protection service covers approved credit limits.

CIBC

BIP Ventures, the North American-focused venture capital division of BIP Capital, is one of the Southeast's largest and most active VC firms. BIP Ventures partners with extraordinary founders to drive exceptional outcomes. Since 2007, BIP Ventures has invested in the success of B2B software and tech-enabled service businesses at all stages of maturity. In addition to capital, it supports entrepreneurs with access to infrastructure, acumen, and talent, resulting in category-leading companies.

BIP Ventures

Kythera

Kythera Labs, a leading provider, specializes in offering a comprehensive data management and analytics platform designed to process various forms of healthcare data. Leveraging the power of machine learning, Kythera Labs diligently searches for signals within the data to report and predict behavioral patterns of patients, practitioners, health systems, and payers. The company plays a crucial role in assisting healthcare information companies in developing enterprise-scale products to cater to their customers' needs. Additionally, Kythera Labs extends its services to diverse healthcare organizations, including hospitals, pharmaceutical manufacturers, technology companies, and government entities, aiding them in understanding their market performance and individual entities within it. Powered by a cloud-based, machine learning-driven platform, Kythera Labs benefits from a vast sample size of over 300 million US patient-lives. This allows them to provide unparalleled scalability and speed, surpassing other healthcare data and analytics technologies in terms of efficiency. By combining their clients' data with their own, Kythera Labs delivers an exceptional and actionable view of healthcare events with unmatched fidelity and affordability. The experienced team at Kythera Labs has been solving problems for decades, utilizing proven data science concepts and innovative technologies to facilitate decision-making and foster growth for healthcare organizations. Their approach is rooted in humility and curiosity, recognizing that the journey is just as important as the destination. Trust is held in high regard at Kythera Labs, and the team strives to cultivate it every day, understanding its pivotal role in driving innovation.

Kythera Labs is a healthcare technology and data analytics company that offers Wayfinder, a data-transforming technology platform built on Databricks. Wayfinder provides access to real-world healthcare data spanning over eight years, including over 320 million lives with 29.3 billion encounters as of November 2023. The platform corrects, enhances, and adds new dimensions to healthcare data using a dynamically improving common data model, facilitating data integration and supporting enterprise-grade scalability. Wayfinder aims to eliminate data silos and reduce uncertainty in massive amounts of data, enabling Life Sciences companies and healthcare providers to accelerate solutions, conduct research, develop new therapies, and improve patient outcomes. In the first half of 2023, Kythera achieved a 41% CAGR and saw a 245% year-over-year increase in platform utilization. Roivant Sciences, a customer, reported significant time and resource savings by partnering with Kythera Labs, citing the combination of high-quality, intuitively organized data that enabled their teams to find information efficiently.

Kythera Labs Announces $20 Million Funding to Accelerate Growth of its Wayfinder Data Technology Platform

Kythera Labs Secures New Financing from Espresso Capital to Build On 2,400% Year-over-Year Increase in its Wayfinder Platform Utilization

Kythera Labs Raises $20M for Wayfinder Data Technology Platform

Kythera Labs Raises $20M in Funding

Enabling the health systems to seamlessly connect, exchange, and interpret shared data

Hospital Interoperability

Kythera Labs: Healthcare Technology And Data Analytics Company Raises $20 Million

Kythera Labs is a healthcare technology and data analytics company that offers Wayfinder, a data-transforming technology platform built on Databricks. Wayfinder provides access to real-world healthcare data spanning over eight years, including over 320 million lives with 29.3 billion encounters as of November 2023. The platform corrects, enhances, and adds new dimensions to healthcare data using a dynamically improving common data model, facilitating data integration and supporting enterprise-grade scalability. Wayfinder aims to eliminate data silos and reduce uncertainty in massive amounts of data, enabling Life Sciences companies and healthcare providers to accelerate solutions, conduct research, develop new therapies, and improve patient outcomes. In the first half of 2023, Kythera achieved a 41% CAGR and saw a 245% year-over-year increase in platform utilization. Roivant Sciences, a customer, reported significant time and resource savings by partnering with Kythera Labs, citing the combination of high-quality, intuitively organized data that enabled their teams to find information efficiently.
Key customers and partnerships
Kythera Labs has established partnerships with industry leaders such as Datavant and Databricks, with Databricks recognizing Kythera as their fastest-growing OEM partner for health systems. The company's customer base includes top five pharmaceutical companies, leading health systems, and over 20 new customers added in 2021. Roivant Sciences, a notable customer, leveraged Kythera's platform and refined analytics to support its pre-commercialization activities more efficiently and accurately.

Redox is a leading healthcare technology company that provides a secure and efficient platform for exchanging healthcare data. Its core offering is an integration engine that enables seamless connectivity between various healthcare systems, electronic health records (EHRs), and digital health applications. By acting as a single, standardized API endpoint, Redox simplifies the complex process of interoperability, allowing healthcare organizations to share and access patient data seamlessly.
Redox's platform is built on a standardized data model format, utilizing HTTPS communication with JSON to facilitate secure and convenient integration for healthcare applications. The company's ecosystem encompasses a vast network of over 2,000 healthcare delivery organizations, 350 healthcare software vendors, and connections to more than 90 EHR systems. This extensive reach enables Redox's customers, including payers, providers, and digital health companies, to exchange data with a wide range of healthcare stakeholders.
The company's offerings include Redox Nexus, a managed integration platform that facilitates interoperability between legacy formats and the current FHIR standard; Redox Nova, which enables cloud-based data integration and translation of legacy standards into FHIR; Redox Access, which connects to national clinical networks like Carequality and DirectTrust for seamless clinical data exchange; and Redox Chroma, an Enterprise Master Patient Index (EMPI) solution that aggregates patient records across multiple data sources.
Key customers and partnerships
Redox has established partnerships with leading healthcare organizations and companies, including Mytonomy, a video-based patient engagement company. Mytonomy leverages Redox's integration capabilities to synchronize the assignment and viewership of its educational video modules with health system EHRs, ensuring seamless documentation of patient education activities.
Furthermore, Redox has collaborated with Columbia University Medical Center's Department of Cardiology, enabling the integration of Mytonomy's patient education platform with the center's EHR system.
The company has also forged alliances with healthcare consulting firms like Productive Edge, providing joint solutions for healthcare data integration and strategy development.

Redox

Moxe Health, based in Madison, WI, is a healthcare interoperability company that utilizes innovative technology to simplify and improve the secure exchange of clinical data and crucial insights between healthcare payers and providers. Through its API-enabled solutions compatible with leading electronic health records (EHRs), Moxe fosters meaningful collaboration within the healthcare ecosystem by connecting various stakeholders and facilitating faster, more cost-effective data exchange.
The company's digital release of information (ROI) product automates requests for medical charts, enabling providers to securely fulfill such requests in seconds, eliminating manual processes, paper, faxes, and phone calls. Additionally, Moxe's convergence product allows payers to input their insights directly into the EHR for providers to access. By streamlining data sharing, Moxe empowers providers and payers to optimize operations, improve accuracy, and deliver better financial and clinical outcomes.
As of June 2022, Moxe's network connected major health systems, national health plans representing over 75 million lives, leading third-party requestors, and more than 60 hospital systems. The company aimed to accelerate its mission of advancing interoperability and making healthcare more affordable by eliminating administrative waste through its patient-centric solutions.
Key customers and partnerships
Moxe Health partners with leading healthcare organizations, including Allscripts, whose Allscripts Sunrise EHR users can leverage Moxe's Digital ROI solution for efficient data exchange between health systems, payers, and third-party requestors.

Moxe Health

Particle Health is a developer-friendly API platform that aggregates and standardizes data from over 270 million patients' medical records across thousands of healthcare sources in the US. The company's comprehensive API enables healthcare providers and digital health companies to easily obtain clinical data points and actionable patient health insights through a single integration. Particle Health's technology performs patient matching behind the scenes to connect accounts within HIPAA authorization, overcoming the challenges of accessing medical records across different portals and providers.
Since its inception, Particle Health has achieved significant milestones, including a 90% success rate in finding patient records and an average of 105 records per patient search as of July 2022. The company has expanded its offering beyond electronic medical records (EMRs) to include data sources such as pharmacy records, admission, discharge, and transfer (ADT) notifications, and billing claims data, with plans to integrate genomics and other sources in the future.
Key customers and partnerships
Particle Health has formed notable partnerships and collaborations with various healthcare companies and organizations. For instance, xCures, a technology platform that uses artificial intelligence and predictive modeling to identify and rank treatment options for cancer patients, has integrated Particle Health's Specialty Search capabilities. This integration allows xCures to efficiently access comprehensive oncology data, leading to a significant increase in program enrollment and better patient care management.
Another strategic partnership was announced in November 2023 between Particle Health and Hona, a customizable AI product that converts health records into concise patient overviews. By integrating Particle Health's API for medical record retrieval, Hona can analyze and present a complete view of a patient's health history, enabling providers to make informed clinical decisions and streamline care encounters.

Particle Health

Verto Health is a Canadian digital health company that offers a Digital Twin Orchestration Platform. Its patented machine learning technology consolidates data from various sources to create normalized, contextual snapshots – known as 'Digital Twins' – of each patient's healthcare journey. Verto's platform then automates actions across different systems while securely managing consent, data, and communication.
In October 2022, Unity Health Toronto implemented Verto's technology to help manage ambulatory patient flow, streamline consent management, and transform patient experience across dozens of ambulatory clinics. Verto's solution allowed Unity Health to coordinate and engage with patients before, during, after, and in-between hospital visits, supporting care pathway management and enhancing the patient experience.
Key customers and partnerships
In July 2023, Verto Health partnered with the Centre for Addiction and Mental Health (CAMH) to develop a web-based Digital Front Door platform. This platform aimed to digitize the patient journey and support data-driven, measurement-based care for CAMH's patients and care providers. The collaboration involved co-designing, configuring, and implementing the Digital Front Door to act as a single-point of entry for CAMH patients and families, enabling virtual care and integrating various patient-facing information systems.

Verto Health

Wellsheet is the leading provider of a Smart Electronic Health Record (EHR) User Interface (UI) solution that aims to reduce clinician burnout and increase efficiency and usability of EHRs. The company's technology utilizes artificial intelligence (AI) and machine learning algorithms to synthesize, summarize, and elevate relevant clinical data from EHRs like Cerner, Epic, or athenahealth, as well as other data sources.Wellsheet's Smart EHR UI predicts and prioritizes the most pertinent data based on a clinician's specialty and workflow habits, assembling it in an intuitive and customizable manner. This enables providers to quickly arrive at accurate clinical insights without compromising patient interactions. By embedding within existing EHRs, the solution helps clinicians understand what needs to be done and make more informed decisions while reducing errors.As of July 2022, Wellsheet had an enterprise-wide deployment with over 10,000 clinicians using its interface, reducing the time spent in EHRs for physicians, nurses, and care managers. The company's FHIR-based APIs allow for rapid implementation across multiple data sources within weeks and minimal training requirements.

Wellsheet

Includes tools that allow healthcare providers to aggregate clinical data (both structured and unstructured) from a variety of sources and share this information with other providers, patients, or insurance providers.

Platforms that provide interoperability APIs and developer toolkits that allow siloed healthcare applications or systems to communicate with each other. Targeted at both healthcare providers and digital health apps.

Software platforms that integrate patient information (including social determinants of health) from multiple sources to digital tools. These tools support patient management and offer actionable insights on a patient's health by leveraging data analytics.

Healthcare data is exchanged, shared, and interpreted via digital mediums

AI/ML algorithms aggregate and standardize data for seamless sharing between healthcare systems

IoT technology is being used to improve hospital interoperability, connectivity, and secure data sharing

Kythera

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