QoC Health, a digital health company, has announced the closing of its first round of financing. Financial details were not disclosed.
The new round was funded by the same group of institutional and angel investors that participated in the 2015 seed round, which was led by Epic Capital Management and Bayshore HealthCare. QoC Health raised $700,000 in seed funding in March 2016.
Qoc Health intends to use the funds to make its patient engagement platform available to external developers building digital health applications.
QoC Health helps health organizations take their digital health ideas to scale / commercialization with its patient-centered technology platform. Capabilities of the platform include patient monitoring, analytics, educational materials, secure communications, decision aids, planning tools and turnkey integration with existing medical records. Tools built by QoC Health have peer reviewed, published results demonstrating both improvements to patient outcomes & experience and cost savings using its technology.
“Over the past several years, QoC Health has experienced overwhelming demand for our patient engagement platform,” said Chancellor Crawford, CEO and co-founder of QoC Health. “To date, we have offered the patient engagement platform in combination with a package of services. Now is the time to make this platform accessible to innovators who prefer to manage their own software developers.”
“QoC Health has executed against its strategic plan and the current investors are excited to support its continued growth,” said Scott Kaplanis, Partner and Portfolio Manager at Epic Capital Management. “It’s a testament to their momentum that every investor from the seed round has participated again.”
photo credit: QoC Health