HealthX Ventures

HealthX Ventures is a venture capital firm established in 2015 and based in Madison, Wisconsin. The firm focuses on early-stage investments in the digital healthcare sector across the United States. By targeting innovative companies that leverage technology to improve healthcare delivery and outcomes, HealthX Ventures aims to support the growth and development of transformative solutions in the healthcare industry.

Caroline Arenz

Principal

Mark Bakken

Founder & Managing Partner

Jonathan Fritz

Partner

Shabaka Gibson

Principal

Taha Jangda

Partner

Darcey Nett

Principal

Shobhan Thakkar

Partner

Past deals in Wisconsin

EnsoData

Series A in 2022
EnsoData is a startup that utilizes artificial intelligence to analyze the human body to diagnose health conditions. EnsoData, whose software uses machine learning algorithms to help clinicians score sleep data and diagnose patients with sleep apnea and other disorders, has now realized that dream—and then some. EnsoData's autoscoring algorithm combines AASM scoring best practices with cutting edge machine learning algorithms that learn and adapt to every single patient.

RehabPath

Seed Round in 2022
Operator of healthcare facilities intended to help families and individuals worldwide find hope and help from addiction. The company's facilities provide knowledgeable and unbiased information while continuing to provide relevant resources throughout the entire recovery journey, enabling people with mental health issues to get dedicated information for specific rehab centers and treatment.

Ideawake

Seed Round in 2022
Ideawake provides an easy to use innovation platform combined with programs, services, and expertise that supports the innovation program. Its SaaS idea management platform enables employers to (1) solicit and crowdsource ideas of employees, customers, and vendors to reduce costs, generate additional revenue and engage employees, (2) evaluate and select the best ideas, and (3) manage the implementation of those ideas. It aims to empower brands with the tools, processes, and connections they need to transform employees into innovators and their ideas into measurable impact. Ideawake was founded in 2013 and is headquartered in Milwaukee, Wisconsin.

Wellbe

Series A in 2021
Wellbe Inc. offers a cloud-based platform that facilitates connected care between patients and providers. It offers Connected CarePaths that enables patients to get timely instructions (can include graphics or videos), decision-support tools, preparation checklists, and feedback surveys. The company’s solutions include bundled payment, disease-specific care, patient navigation, perioperative surgical home, and patient reported outcomes measures. It serves patients, service line directors, and care coordinators. The company was founded in 2009 and is based in Madison, Wisconsin.

Kilter

Seed Round in 2021
Kilter is an enterprise wellness platform that allows employers to donate to charities of employees choice for doing healthy activities.

VEDA Data Solutions

Series A in 2020
VEDA Data Solutions, Inc. provides automated data science and machine learning solutions for healthcare directories. It offers Alchemy that automates workflow and improves the time to transform the network, rosters, and data files across the healthcare industry; and Sentinel offers a data monitoring engine that reads, interprets, translates, and exports various rows of roster or claims. VEDA Data Solutions, Inc. was founded in 2015 and is based in Washington, District Of Columbia with an additional location in Madison, Wisconsin.

Huddle Up

Seed Round in 2019
DotCom Therapy specializes in providing speech therapy, occupational therapy, and mental health services via computer, tablet, or smartphone. They hand-match students, patients, and clients with our therapists who provide the highest quality therapy in a live, online, face-to-face setting. It offers speech, occupational and mental health therapy, educational audiology, case management, and literacy services. The company was founded in 2015 and is based in Madison, Wisconsin, United States.

ImageMoverMD

Venture Round in 2019
ImageMoverMD is a medical imaging software company that integrates enterprise imaging and electronic health record systems. The company's innovative solutions employ an exclusive approach to securely connect photos, video, and outside medical images with the EHR, simplifying communication, and enhancing patient care. It transforms enterprise imaging to improve the quality and cost of care while optimizing patient and provider experience. ImagerMoverMD using web-native automation applications that integrate with both the EMR and the VNA/PACs systems, the ImageMover platform measurably improves efficiency, increases revenue capture, and drives HIPAA compliance across the entire care continuum. It also provides end-to-end imaging optimization for health systems.

Redox

Debt Financing in 2018
Redox accelerates the development and distribution of healthcare software solutions with a full-service integration platform to securely and efficiently exchange data. Healthcare delivery organizations and technology vendors connect once and authorize the data they send and receive across the most extensive interoperable network in healthcare. Redox exists to make healthcare data useful and every patient experience a little bit better. It keeps patients at the forefront by helping vendors and providers integrate securely, easily, and at a reduced cost. It was founded in 2014 and is headquartered in Madison, Wisconsin.

EnsoData

Seed Round in 2018
EnsoData is a startup that utilizes artificial intelligence to analyze the human body to diagnose health conditions. EnsoData, whose software uses machine learning algorithms to help clinicians score sleep data and diagnose patients with sleep apnea and other disorders, has now realized that dream—and then some. EnsoData's autoscoring algorithm combines AASM scoring best practices with cutting edge machine learning algorithms that learn and adapt to every single patient.

ImageMoverMD

Venture Round in 2017
ImageMoverMD is a medical imaging software company that integrates enterprise imaging and electronic health record systems. The company's innovative solutions employ an exclusive approach to securely connect photos, video, and outside medical images with the EHR, simplifying communication, and enhancing patient care. It transforms enterprise imaging to improve the quality and cost of care while optimizing patient and provider experience. ImagerMoverMD using web-native automation applications that integrate with both the EMR and the VNA/PACs systems, the ImageMover platform measurably improves efficiency, increases revenue capture, and drives HIPAA compliance across the entire care continuum. It also provides end-to-end imaging optimization for health systems.

Redox

Series B in 2017
Redox accelerates the development and distribution of healthcare software solutions with a full-service integration platform to securely and efficiently exchange data. Healthcare delivery organizations and technology vendors connect once and authorize the data they send and receive across the most extensive interoperable network in healthcare. Redox exists to make healthcare data useful and every patient experience a little bit better. It keeps patients at the forefront by helping vendors and providers integrate securely, easily, and at a reduced cost. It was founded in 2014 and is headquartered in Madison, Wisconsin.

Redox

Series B in 2017
Redox accelerates the development and distribution of healthcare software solutions with a full-service integration platform to securely and efficiently exchange data. Healthcare delivery organizations and technology vendors connect once and authorize the data they send and receive across the most extensive interoperable network in healthcare. Redox exists to make healthcare data useful and every patient experience a little bit better. It keeps patients at the forefront by helping vendors and providers integrate securely, easily, and at a reduced cost. It was founded in 2014 and is headquartered in Madison, Wisconsin.

EnsoData

Seed Round in 2016
EnsoData is a startup that utilizes artificial intelligence to analyze the human body to diagnose health conditions. EnsoData, whose software uses machine learning algorithms to help clinicians score sleep data and diagnose patients with sleep apnea and other disorders, has now realized that dream—and then some. EnsoData's autoscoring algorithm combines AASM scoring best practices with cutting edge machine learning algorithms that learn and adapt to every single patient.

Redox

Series A in 2015
Redox accelerates the development and distribution of healthcare software solutions with a full-service integration platform to securely and efficiently exchange data. Healthcare delivery organizations and technology vendors connect once and authorize the data they send and receive across the most extensive interoperable network in healthcare. Redox exists to make healthcare data useful and every patient experience a little bit better. It keeps patients at the forefront by helping vendors and providers integrate securely, easily, and at a reduced cost. It was founded in 2014 and is headquartered in Madison, Wisconsin.