Casetabs Inc., a digital health care company that coordinates surgical care, has received $6 million in investor financing, the firm announced May 3.
The Santa Monica-based health tech firm received the $6 million series A financing round led by Nueterra Capital, a health care venture capital firm based in Kansas, and Evolution Financial Group, a global investment firm based in New York.
The funding will be used to boost value through electronic medical record integration and expand its presence within hospitals, Casetabs executives said.
“With Nueterra Capital’s investment and strategic value, we will greatly expand our reach as we work to completely eradicate surgery communication issues,” said Gavin H. Fabian, its chief executive, in a statement.
Casetabs employs a cloud-based platform to deliver real-time case information and updates to doctors and staff, providing a central communications hub for surgery centers, physician offices, hospitals, anesthesiologists groups and medical vendors.
Since it was founded in 2015, when it received a $425,000 funding round, Casetabs has grown from five centers to 500 physician practices. It received another $2.6 million series A round in 2016 from Evolution Financial.
Health business reporter Dana Bartholomew can be reached at firstname.lastname@example.org. Follow him on Twitter @_DanaBart.