Tech Company Financing Transactions
Astarte Medical Funding Round
Astarte Medical, based in Yardley, secured $3.5 million from private investors.
Transaction Overview
Company Name
Announced On
11/20/2019
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to: accelerate hiring and ramp its sales and marketing efforts for its first two solutions, NICUtrition Analytics and NICUtrition Guidance, develop a regulatory strategy in support of a 2020 MAGI trial, the development of a health disparities platform and explore and isolate novel therapeutic and diagnostic candidates.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
10 N. Main St. 2nd Floor
Yardley, PA 19067
USA
Yardley, PA 19067
USA
Phone
Website
Email Address
Overview
Astarte Medical delivers technology platforms to address critical needs and improve outcomes for high risk pregnancy and preterm birth. Their first software solution, NICUtrition, will revolutionize the care of preterm infants by providing quantitative data about good health, allowing for personalized care and nutrition to optimize growth and outcomes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tracy Warren
Chief Operating Officer
Tammi Jantzen
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