Excelerate Health Ventures

Excelerate Health Ventures is a private equity firm based in the Research Triangle Park, focusing on seed and early-stage investments in healthcare IT and technology sectors. Established in 2013, the firm specializes in identifying and supporting healthcare software and services startups that utilize a SaaS B2B model. The management team consists of seasoned healthcare entrepreneurs with extensive experience in growing startups. Excelerate Health Ventures employs its network of healthcare providers, payers, and strategic partners to validate, mentor, and enhance the growth of its portfolio companies, thereby accelerating the adoption and revenue generation of their products and services. The firm primarily invests in North America and aims to foster innovation within the health tech and digital technology industries.

Gary Abrahams

Venture Partner

Bobby Bahram

Founder & Managing Partner

Schwab M.S., Ph.D., Andrew

Managing Partner

24 past transactions

Doctivity Health

Venture Round in 2022
Doctivity Health is a developer of a healthcare data analytics platform that aims to enhance the operating performance of healthcare providers. By offering cloud-based software as a service (SaaS), the company integrates real-time financial and operational information with comprehensive all-payer claims data. This enables healthcare organizations to gain actionable insights that identify market opportunities and streamline their processes. The platform eliminates the necessity for multiple products, thereby facilitating better business development planning, improving financial performance, increasing operational volume, and driving new revenue streams for its clients.

Huma.AI

Series A in 2022
Huma.AI, Inc. is a technology company based in Palo Alto, California, that focuses on knowledge automation for the pharmaceutical and healthcare industries. Incorporated in 2016, Huma.AI addresses inefficiencies caused by complex and disconnected systems that hinder data accessibility and insights. The company's platform connects disparate data silos through natural language processing, enabling users to easily access information and gain actionable insights without requiring specialized technical knowledge. By simplifying interactions with data, Huma.AI aims to enhance decision-making and operational efficiency in a sector characterized by an overwhelming volume of information.

BEKHealth

Seed Round in 2021
Developer of clinical research software designed to accelerate timelines by automating multiple impact processes. The company's software provides complete rapid trial feasibility, electronic medical record data processing, feasibility and site selection, precision patient trial matching and care coordination, enabling clients to reduce cost increase enrollment and streamline the clinical research process.

Ride Health

Series A in 2021
Ride Health LLC is a New York-based company that provides a software-as-a-service (SaaS) platform designed to help healthcare providers manage patient transportation to medical appointments. Founded in 2016, Ride Health partners with healthcare organizations and transportation providers to streamline the scheduling, requesting, and payment processes for rides. The platform allows care coordinators to arrange rides in advance or on-demand and offers real-time insights into transportation costs and usage. By integrating technology and data with a personalized approach, Ride Health addresses transportation challenges faced by healthcare providers and payers, ensuring that patients receive rides tailored to their individual needs. Additionally, the company has implemented a COVID-19 ride tracking program to support hospitals across the nation, further enhancing patient access and improving healthcare outcomes.

Jumo Health

Venture Round in 2020
Jumo Health develops age-appropriate, educational resources for patients and caregivers for use throughout their medical journey. It works with providers, manufacturers, and advocacy groups, to ensure resources are available at the moment of diagnosis, during a treatment regimen, or while participating in a clinical trial. The company was founded in 2009 and is headquartered in New York, United States.

OrbitalRx

Debt Financing in 2020
OrbitalRx, Inc. develops an integrated solution for managing drug shortages within healthcare settings. The company's platform consolidates essential data, including drug information, clinical evidence, and comparative efficacy, along with hospitals' drug inventories, purchase histories, and utilization metrics. This enables healthcare providers, pharmacists, and pharmacy technicians to proactively address and manage drug shortages. Founded in 2017 and headquartered in Winston-Salem, North Carolina, OrbitalRx aims to streamline hospital pharmacy workflows by unifying data across various technologies, allowing professionals to monitor, optimize, and control their systems efficiently.

Elligo Health Research

Series C in 2019
Elligo Health Research is revolutionizing the clinical research industry with a novel approach to common trial challenges including patient participation and enrollment, and physician participation. They provide physicians and their patients the opportunity to participate in clinical trials using advanced health care informatics. Improved access to physicians and patients means sponsors reach trial enrollment goals faster, and new products are accelerated to market, benefiting patients everywhere.

Censinet

Series A in 2019
Censinet, Inc. is a provider of a cloud-based platform designed specifically for healthcare providers to manage vendor risk effectively. Established in 2017 and headquartered in Winchester, Massachusetts, Censinet offers a solution that streamlines workflows and standardizes risk assessments, enabling healthcare organizations to navigate the complexities of third-party vendor relationships. The platform automates previously inefficient processes and delivers continuous, real-time insights into vendor profiles, thereby enhancing transparency and informed decision-making. By focusing exclusively on the needs of healthcare providers, Censinet has positioned itself as a unique player in the market, offering a collaborative approach to vendor risk management that addresses critical challenges and gaps faced by the industry.

Diameter Health

Series A in 2019
Diameter Health, Inc. develops innovative software solutions aimed at enhancing data interoperability for healthcare organizations. The company's flagship product, Fusion, facilitates intelligent data exchange by normalizing and cleansing information from certified electronic health records (EHRs), thereby transforming it into clinically relevant data for point-of-care use and analytics. In addition to Fusion, Diameter Health offers various tools, including Data Dashboard, which provides instant data quality ratings and metrics for clinical document accuracy; Quality, which supports certified quality reporting of e-measures; and Payer Edition, designed for generating standard supplemental reporting data. Other offerings include Subscribe, which allows for automatic updates for specific patient populations, and a scalable Hosted Solution. Diameter Health serves a diverse clientele, including government agencies, health information exchanges, payers, healthcare IT vendors, life insurers, and health systems. Founded in 2013, the company operates from its offices in Farmington, Connecticut, and Wellesley, Massachusetts.

OrbitalRx

Seed Round in 2018
OrbitalRx, Inc. develops an integrated solution for managing drug shortages within healthcare settings. The company's platform consolidates essential data, including drug information, clinical evidence, and comparative efficacy, along with hospitals' drug inventories, purchase histories, and utilization metrics. This enables healthcare providers, pharmacists, and pharmacy technicians to proactively address and manage drug shortages. Founded in 2017 and headquartered in Winston-Salem, North Carolina, OrbitalRx aims to streamline hospital pharmacy workflows by unifying data across various technologies, allowing professionals to monitor, optimize, and control their systems efficiently.

Health Decisions

Venture Round in 2018
Health Decisions, Inc. provides clinical research services. It offers project management, medical writing, data management, biostatistics, quality management, and regulatory compliance services. The company also provides strategic consulting and clinical services. Health Decisions, Inc. was founded in 1989 and is headquartered in Durham, North Carolina.

Jumo Health

Venture Round in 2018
Jumo Health develops age-appropriate, educational resources for patients and caregivers for use throughout their medical journey. It works with providers, manufacturers, and advocacy groups, to ensure resources are available at the moment of diagnosis, during a treatment regimen, or while participating in a clinical trial. The company was founded in 2009 and is headquartered in New York, United States.

Elligo Health Research

Series B in 2018
Elligo Health Research is revolutionizing the clinical research industry with a novel approach to common trial challenges including patient participation and enrollment, and physician participation. They provide physicians and their patients the opportunity to participate in clinical trials using advanced health care informatics. Improved access to physicians and patients means sponsors reach trial enrollment goals faster, and new products are accelerated to market, benefiting patients everywhere.

NurseGrid

Venture Round in 2018
Founded by nurses and technology entrepreneurs, NurseGrid makes integrated, intuitive staffing and communication tools just for nurses and nursing departments. NurseGrid has two products: NurseGrid Mobile & NurseGrid Manager. NurseGrid Mobile is the easiest way for nurses and healthcare workers to manage their complex schedules, connect with colleagues, and bring more balance to their work lives. More than 300,000 nurses have downloaded NurseGrid to date and the iOS app enjoys a consistent 5 star average rating on the App Store. NurseGrid Manager allows nursing departments to simplify team communication, staffing, and schedule management, making staff and managers happier and more productive. It complements core scheduling systems such as Kronos, API, and McKesson, filling in the critical gap current technologies leave between schedule creation and timekeeping, and giving nurse leaders a cost-saving, nurse-preferred way to manage day to day staffing and scheduling needs. NurseGrid was launched in 2013.

Censinet

Seed Round in 2017
Censinet, Inc. is a provider of a cloud-based platform designed specifically for healthcare providers to manage vendor risk effectively. Established in 2017 and headquartered in Winchester, Massachusetts, Censinet offers a solution that streamlines workflows and standardizes risk assessments, enabling healthcare organizations to navigate the complexities of third-party vendor relationships. The platform automates previously inefficient processes and delivers continuous, real-time insights into vendor profiles, thereby enhancing transparency and informed decision-making. By focusing exclusively on the needs of healthcare providers, Censinet has positioned itself as a unique player in the market, offering a collaborative approach to vendor risk management that addresses critical challenges and gaps faced by the industry.

Bivarus

Series B in 2017
Bivarus, Inc. develops a cloud-based analytics platform for measuring continuous quality improvement (CQI) and the patient experience to hospital-based outpatient service lines, community-based clinics, and group practices through patient-centered insights. Its platform enables customers to gain insights into the drivers impacting the patient experience, buying behavior, and provider performance, as well as to improve patient care and service operations. Bivarus, Inc. was founded in 2010 and is based in Durham, North Carolina. As of January 16, 2018, Bivarus, Inc. operates as a subsidiary of Press Ganey Holdings, Inc.

Oculus Health

Series A in 2017
Oculus Health provides the support, insights, and passion needed for primary care and specialty providers to be successful in a changing health care environment. They improve patient outcomes and bring joy back to the practice of medicine, all while growing your revenues.

Bivarus

Series A in 2016
Bivarus, Inc. develops a cloud-based analytics platform for measuring continuous quality improvement (CQI) and the patient experience to hospital-based outpatient service lines, community-based clinics, and group practices through patient-centered insights. Its platform enables customers to gain insights into the drivers impacting the patient experience, buying behavior, and provider performance, as well as to improve patient care and service operations. Bivarus, Inc. was founded in 2010 and is based in Durham, North Carolina. As of January 16, 2018, Bivarus, Inc. operates as a subsidiary of Press Ganey Holdings, Inc.

NurseGrid

Venture Round in 2016
Founded by nurses and technology entrepreneurs, NurseGrid makes integrated, intuitive staffing and communication tools just for nurses and nursing departments. NurseGrid has two products: NurseGrid Mobile & NurseGrid Manager. NurseGrid Mobile is the easiest way for nurses and healthcare workers to manage their complex schedules, connect with colleagues, and bring more balance to their work lives. More than 300,000 nurses have downloaded NurseGrid to date and the iOS app enjoys a consistent 5 star average rating on the App Store. NurseGrid Manager allows nursing departments to simplify team communication, staffing, and schedule management, making staff and managers happier and more productive. It complements core scheduling systems such as Kronos, API, and McKesson, filling in the critical gap current technologies leave between schedule creation and timekeeping, and giving nurse leaders a cost-saving, nurse-preferred way to manage day to day staffing and scheduling needs. NurseGrid was launched in 2013.

Diameter Health

Series A in 2016
Diameter Health, Inc. develops innovative software solutions aimed at enhancing data interoperability for healthcare organizations. The company's flagship product, Fusion, facilitates intelligent data exchange by normalizing and cleansing information from certified electronic health records (EHRs), thereby transforming it into clinically relevant data for point-of-care use and analytics. In addition to Fusion, Diameter Health offers various tools, including Data Dashboard, which provides instant data quality ratings and metrics for clinical document accuracy; Quality, which supports certified quality reporting of e-measures; and Payer Edition, designed for generating standard supplemental reporting data. Other offerings include Subscribe, which allows for automatic updates for specific patient populations, and a scalable Hosted Solution. Diameter Health serves a diverse clientele, including government agencies, health information exchanges, payers, healthcare IT vendors, life insurers, and health systems. Founded in 2013, the company operates from its offices in Farmington, Connecticut, and Wellesley, Massachusetts.

Careport

Venture Round in 2015
CarePort Health, LLC specializes in care coordination software solutions designed to facilitate patient transitions between different healthcare settings. The company offers a suite of products including CarePort Guide, which aids in selecting post-acute providers; CarePort Connect, which enables real-time management of patients across various care settings; and CarePort Insight, which assesses patient outcomes and provider performance metrics. Additionally, CarePort provides tools such as CarePort Transition and Transition Extender to streamline referrals and enhance communication within electronic health records. The platform serves a diverse clientele, including health systems, accountable care organizations, and both acute and post-acute care providers. By connecting hospitals with high-quality post-acute care options, CarePort helps ensure that patients receive appropriate follow-up care, while also enabling providers to track patient progress effectively. CarePort Health is headquartered in Boston, Massachusetts, and operates as a subsidiary of Allscripts Healthcare Solutions, Inc.

USARAD

Venture Round in 2015
USARAD Holdings, Inc. is a radiology and teleradiology services provider catering to a diverse range of clients, including imaging centers, community hospitals, radiology groups, and orthopedic clinics in the United States and internationally. Established in 2008 and headquartered in Fort Lauderdale, Florida, the company employs over 300 board-certified radiologists to deliver services to more than 500 medical facilities across all 50 U.S. states and 15 countries. USARAD offers a comprehensive suite of solutions, including daytime and nighttime teleradiology, subspecialty consultations, onsite services, and second opinion services. Their specialties encompass musculoskeletal MRI, cardiac CT angiography, pediatric radiology, and oncological imaging, among others. Additionally, the company provides business solutions such as payer enrollment and credentialing, as well as IT support. USARAD has also entered into a strategic collaboration with Nanox Imaging to enhance its service offerings.

Bivarus

Series A in 2015
Bivarus, Inc. develops a cloud-based analytics platform for measuring continuous quality improvement (CQI) and the patient experience to hospital-based outpatient service lines, community-based clinics, and group practices through patient-centered insights. Its platform enables customers to gain insights into the drivers impacting the patient experience, buying behavior, and provider performance, as well as to improve patient care and service operations. Bivarus, Inc. was founded in 2010 and is based in Durham, North Carolina. As of January 16, 2018, Bivarus, Inc. operates as a subsidiary of Press Ganey Holdings, Inc.

Jumo Health

Series B in 2014
Jumo Health develops age-appropriate, educational resources for patients and caregivers for use throughout their medical journey. It works with providers, manufacturers, and advocacy groups, to ensure resources are available at the moment of diagnosis, during a treatment regimen, or while participating in a clinical trial. The company was founded in 2009 and is headquartered in New York, United States.