Validic raises $12.5M in Series B funding

What does Validic do?

Validic, is the leading digital health platform in the healthcare industry.  it offers a mobile health API connection which helps healthcare companies access data from mHealth devices and apps. It is premier technology platform in the health care sector which provides a convenient and easy access to digital health data from best clinical and remote monitoring devices, fitness equipments, sensors, wearables and patient wellness applications. Its mission is to helps its health care clients and integrations succeed in this transformational industry.

How much Validic was funded?

Validic raised $12.5M in Series B funding on April 28^th, 2015 from the investors  Kaiser Permanente Ventures

Previous funding

·        $78.5k in Seed round on August 15, 2011 from Jamie Beckland

·        $20k in Seed round on April 14, 2012

·        $760k in Seed round on August 15, 2013 from Lanis Cope, Mark Cuban, Sharon Lyle, David Humphrey, Ryan Scripps and Michael Cope

·        $5M in Series A funding on August 12, 2014 from Michael Cope, Mark Cuban, SJF Ventures, Wilmington Investor Network and Greycroft Partners.

What is next for Validic?

Validic is going to use the latest fund raised for fueling Validic’s rapid growth. This enterprise digital health platform integrates health care companies which enables them to focus on driving their core programs and technologies, which will be important for healthcare success in the future. With the latest investment, this startup is going to build its team and product offering for fueling the use of digital health data and transform healthcare.

Vailidic’s goal is to empower the healthcare and technology innovators.

More about Validic

Validic was founded in 2010 by  Ryan Beckland and Drew Schiller. It has its headquarters in Durham, NC. It is a leading cloud based digital health platform in the health care industry for an easy and quick access to the patient data from in-home clinical devices, patient health care apps and wearables.