AAA MedPilot lands at Vytalize

MedPilot lands at Vytalize

Vytalize Health, the US-based provider of a healthcare practice management platform, has bought local peer MedPilot for an undisclosed amount, giving an exit to investors including healthcare provider Cedars-Sinai.

Founded in 2014, MedPilot has developed software that helps care providers, patients and health insurers manage the healthcare revenue cycle.

The company secured $1.7m in a 2018 round led by Hudson River Capital Partners that included Cedars-Sinai’s Accelerator, Valley Growth Ventures, Techstars and angel investor Tom Hirschfield.

MedPilot added $1.5m from Valley Growth Ventures, Hudson River Capital Partners, Jumpstart, TurnCap, Northcoast Fund and Wavemaker Three-Sixty Health in February 2019 to increase its overall funding to $3.6m.

By James Mawson

James Mawson is founder and chief executive of Global Venturing.