Indy Healthcare Tech Company Secures Funding
Indianapolis-based healthcare technology company Diagnotes has secured a new round of funding. The startup, which provides cloud-based collaboration tools for healthcare professionals, says the round was led by Elevate Ventures in Indianapolis, IU Ventures in Bloomington, and Purdue Ventures in West Lafayette.
Diagnotes says the funding will help expand sales and marketing and grow its base of clients across the U.S. The company says it recently hired a chief commercial officer who is working to drive that growth.
During the pandemic, Diagnotes says its platform has been used for virtual patient visits and clinical rounds, helping minimize contact between medical professionals and COVID-19 patients.
“The Diagnotes platform puts the patient at the center of communication between and among clinicians, the patient, and patient family members,” said Bill McConnell, a healthcare executive who represents Elevate on the Diagnotes Board of Directors. “Elevate’s continuing investment will enable Diagnotes to scale as it takes this differentiated platform to the healthcare market.”
The company was founded in 2010 by Chief Executive Officer Dave Wortman, Bharath Bynagari, and Todd Saxton. According to Wortman, the company was formed based on poor personal experiences with communication within the healthcare system.
Diagnotes says it serves over 78,000 users in hospitals, healthcare systems, and independent physician groups around the country, including Indiana University Health, the state’s largest health system.