Tech Company Financing Transactions
Smile Digital Health Funding Round
UPMC Enterprises participated in a $30 million Series B capital raise for Smile Digital Health. The financing round was announced on 1/27/2023.
Transaction Overview
Company Name
Announced On
1/27/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
UPMC Enterprises (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its newly acquired clinical reasoning utility and forward-looking artificial intelligence and machine learning capabilities.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
2021 Guadalupe St 260
Austin, TX 78705
USA
Austin, TX 78705
USA
Phone
Website
Email Address
Overview
As a health technology company, Smile Digital Health's goal is to reduce barriers between information and care. We harness the power of open standards while building health IT solutions. Our data and integration platform fuels healthcare's digital transformation by giving organizations the ability to meaningfully share health data. Healthcare advancement cannot happen without interoperability. Choosing an IT solution is a complex and costly decision-making process. It requires balancing budget constraints with the need for innovation and regulation compliance with ease of implementation. You need a trusted vendor. With many companies offering the promise of expert solutions, how do you evaluate vendors to determine whether they can deliver on their promise of interoperability?
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Duncan Weatherston
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