AAA Twistle adds $16m in A round

Twistle adds $16m in A round

Twistle, a US-based healthcare process automation service, has raised $16m in its series A round from a consortium led by Health Enterprise Partners (HEP) and MemorialCare Innovation Fund (MCIF).

HEP is a growth equity firm whose investors include some of the largest health systems and health plans in the US. MCIF is the corporate venture capital unit of the MemorialCare Health System.

Kulmeet Singh, Twistle’s CEO, said: “We think they are the ideal partners to help us lead healthcare into a new era of communication effectiveness.”

The funding will focus on human-assisted automation to improve patient care. Crunchbase said Twistle had raised $19.8m in total since 2011.

Brant Heise, managing director of MemorialCare Innovation Fund, said: “Large health systems are confronted with a dizzying array of apps to educate and guide patients, each targeting a different disease or condition, with a unique app experience.

“Twistle enables health systems to eliminate many point solutions and consolidate on a single platform that integrates with the existing IT ecosystem. Allowing patients to engage through messaging standardizes their experience and makes adoption simple.”

Published
Categorized as Deals, News

By James Mawson

James Mawson is founder and chief executive of Global Venturing.

Leave a comment

Your email address will not be published. Required fields are marked *