Swift Medical secures Series B led by Virgo Investment Group

Photo of author

By CPE News

CPE News (7/14/2021) – Swift Medical has completed a major Series B round of financing led by Virgo Investment Group.

Pooja Goel, Managing Director of Virgo Investment Group, will join Swift Medical board of directors.

In February 2018, Swift Medical raised US $11.6 million in Series A funding led by Data Collective with participation by Real Ventures, Relay Ventures, DHVC, and BDC Capital.

Founded by Carlo Perez, Justin Allport, Edwin Liang and Dr. Sheila Wang, Swift Medical is a leader in Wound Care Management Technology for the healthcare enterprise. From capture to claim, Swift Medical eases workflow and streamlines claim submissions.

7/15/2021 – Swift Medical officially announced the closing of its US $35 million Series B funding round. “The investment was led by Virgo Investment Group LLC (“Virgo”), through one of its managed-investment funds, followed by existing investors DCVC, who led their Series A, and BDC Capital, through their Women in Technology Venture Fund. Other participating investors include leading health technology firms Claritas Capital, Chrysalis Ventures, Pender Ventures and Export Development Canada.”

photo credit: Swift Medical