US-based Healthtech startup Reveal Healthtech has raised $4 million in a Seed funding round led by healthcare-focused investment firm W Health Ventures.
The startup said it will use the raised capital to scale its business operations, hire talent, expanding customer base, and develop foundational technology capabilities.
Founded by Sanchit Mullick, Salim Afshar, and Andrew Bravo, Reveal HealthTech delivers versatile technological services to healthcare organizations, including engineering, clinical, and strategic support.
“As technology takes centre stage in driving healthcare transformation, the industry needs partners that can help drive purposeful adoption of technology in building new Digital Care Pathways. At Reveal HealthTech, we seek to address this need by providing healthcare-specific engineering excellence complemented by clinical expertise and strategic insights,” said Sanchit Mullick, who is also the CEO of Reveal Healthtech.
The startup claims to have partnered with 150,000 engineers who have built products for the US healthcare industry.
“With technology spending in the US healthcare sector growing at 13 per cent CAGR, and healthcare regulations constantly changing, there is a clear need for an agile and sector-focused technology services company that understands the challenges faced by other healthcare companies,” said Pankaj Jethwani, Partner, W Health Ventures.
“Reveal’s differentiated approach makes them the ideal player to catalyse the positive change towards a tech-driven healthcare ecosystem. We’re thrilled to partner with Sanchit and his leadership team, who possess extensive expertise in technology, healthcare strategy, and care delivery,” he added.
Source @Indianstartupnews
