Excelerate Health Ventures

Excelerate Health Ventures is a private equity firm based in North Carolina, established in 2013, that focuses on seed and early-stage investments in the healthcare sector. The firm specifically targets companies involved in healthcare information technology, software, medical technology, and associated services, with a strong emphasis on the SaaS B2B model. Excelerate Health Ventures aims to be the first investor in its portfolio companies, primarily investing in the Southeast region, particularly in North Carolina. The management team comprises experienced healthcare entrepreneurs who leverage their industry expertise and extensive network of healthcare providers and partners to support the growth and revenue generation of their investments. This approach facilitates faster adoption of the portfolio companies' products and services within the healthcare market.

Gary Abrahams

Venture Partner

Bobby Bahram

Managing Partner

Fred Goldwater

Payer and Operational Executive, Investor

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

Managing Partner

41 past transactions

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.
Censinet, Inc. develops and provides cloud based platform and services for healthcare providers. The company's platform assesses and manages ongoing risk associated with third parties and vendors. The company's platform eliminates inefficient spreadsheets and ad-hoc manual processes, streamlines and optimizes workflows, curates data in real-time and transformed based on learning and applied predictive models, and transparency of methods and results. The company was incorporated in 2017 and is headquartered in Winchester, Massachusetts.
USARAD is a radiologist-run and operated full-service subspecialty radiology and teleradiology company that provides teleradiology services. The company leverages a radiology marketplace platform to offer radiology services by over 300 board-certified radiologists to over 500 medical facilities in all 50 U.S. states and 15 countries. Their mission is to provide accepted, cost-effective, timely, medically accurate, and up-to-date advanced teleradiology services to hospitals and outpatient care settings. USARAD was established in 2008 and is based in
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.
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.

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.

Elligo Health Research

Private Placement 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.

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 transforms patient information into the quantity and quality of interoperable data for healthcare organizations. The core of the Diameter Health platform is Fusion, which enables intelligent data exchange ingestion and cleansing through sophisticated normalization and cleansing processes. Data originating from any certified Electronic Health Record (EHR) is transformed into clinical information optimized for use at the point of care or to be consumed as a rich substrate for analytics.

Censinet

Seed Round in 2017
Censinet, Inc. develops and provides cloud based platform and services for healthcare providers. The company's platform assesses and manages ongoing risk associated with third parties and vendors. The company's platform eliminates inefficient spreadsheets and ad-hoc manual processes, streamlines and optimizes workflows, curates data in real-time and transformed based on learning and applied predictive models, and transparency of methods and results. The company was incorporated in 2017 and is headquartered in Winchester, Massachusetts.

BEKHealth

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

Censinet

Series A in 2019
Censinet, Inc. develops and provides cloud based platform and services for healthcare providers. The company's platform assesses and manages ongoing risk associated with third parties and vendors. The company's platform eliminates inefficient spreadsheets and ad-hoc manual processes, streamlines and optimizes workflows, curates data in real-time and transformed based on learning and applied predictive models, and transparency of methods and results. The company was incorporated in 2017 and is headquartered in Winchester, Massachusetts.

Diameter Health

Private Placement in 2019
Diameter Health transforms patient information into the quantity and quality of interoperable data for healthcare organizations. The core of the Diameter Health platform is Fusion, which enables intelligent data exchange ingestion and cleansing through sophisticated normalization and cleansing processes. Data originating from any certified Electronic Health Record (EHR) is transformed into clinical information optimized for use at the point of care or to be consumed as a rich substrate for analytics.

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.

OrbitalRx

Seed Round in 2018
OrbitalRX, Inc. develops an integrated solution for managing drug shortages. Its platform offers drug information, clinical evidence, and comparative efficacy, alongside the hospital's drug inventory, purchase history, and utilization data, and enables hospital providers, pharmacists, and pharmacy technicians to proactively manage drug shortages. OrbitalRX, Inc. was formerly known as Arxchitect, Inc. The company was founded in 2017 and is based in Clemmons, North Carolina with additional locations in Winston-Salem and Raleigh, North Carolina.

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.

Censinet

Private Placement in 2019
Censinet, Inc. develops and provides cloud based platform and services for healthcare providers. The company's platform assesses and manages ongoing risk associated with third parties and vendors. The company's platform eliminates inefficient spreadsheets and ad-hoc manual processes, streamlines and optimizes workflows, curates data in real-time and transformed based on learning and applied predictive models, and transparency of methods and results. The company was incorporated in 2017 and is headquartered in Winchester, Massachusetts.

Careport

Venture Round in 2015
CarePort Health is an online booking engine that identifies and connects with high-quality post-acute care providers. The company helps direct patients and families to learn about what type of care they may need, and what to expect during recovery, after filling in basic patient information. Patients can then search for post-hospital care providers and book care through CarePort Health's software. Hospitals can link to CarePort Health's network to help evaluate and manage patients, and connect them with the post-hospital care they will need. Finally, post-hospital care providers can connect with CarePort Health to make themselves available to the company's network and bring in additional business. They can also track patient progress.
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.

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.

Doctivity

Venture Round in 2022
Doctivity Health offers cloud-based SaaS that focuses on actionable data and information to improve operating performance.

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.

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.

USARAD

Venture Round in 2015
USARAD is a radiologist-run and operated full-service subspecialty radiology and teleradiology company that provides teleradiology services. The company leverages a radiology marketplace platform to offer radiology services by over 300 board-certified radiologists to over 500 medical facilities in all 50 U.S. states and 15 countries. Their mission is to provide accepted, cost-effective, timely, medically accurate, and up-to-date advanced teleradiology services to hospitals and outpatient care settings. USARAD was established in 2008 and is based in

OrbitalRx

Debt Financing in 2020
OrbitalRX, Inc. develops an integrated solution for managing drug shortages. Its platform offers drug information, clinical evidence, and comparative efficacy, alongside the hospital's drug inventory, purchase history, and utilization data, and enables hospital providers, pharmacists, and pharmacy technicians to proactively manage drug shortages. OrbitalRX, Inc. was formerly known as Arxchitect, Inc. The company was founded in 2017 and is based in Clemmons, North Carolina with additional locations in Winston-Salem and Raleigh, North Carolina.

Diameter Health

Series A in 2019
Diameter Health transforms patient information into the quantity and quality of interoperable data for healthcare organizations. The core of the Diameter Health platform is Fusion, which enables intelligent data exchange ingestion and cleansing through sophisticated normalization and cleansing processes. Data originating from any certified Electronic Health Record (EHR) is transformed into clinical information optimized for use at the point of care or to be consumed as a rich substrate for analytics.
Medikidz Limited offers comic books for children to explain about diagnosis, investigation, treatment, and prevention of different medical conditions. The company offers comic books in various categories, including allergies, infections, and immune system; brain, eyes, and nerves; cancer; general health; gut and liver; heart and lungs; hormones, glands, and diabetes; kidneys and bladder; learning and emotional health; skin, bones, and joints; and tests and treatments. It also offers its products online. The company serves customers worldwide. Medikidz Limited was founded in 2006 and is based in London, United Kingdom.

HcT2 Co.

Private Placement in 2018
HcT2 Co. offers a communication and scheduling solution for nurses. It offers a hospital scheduling and nurse communication technology that allows users to connect directly with their hospital department; input and manage their nurse schedule; link and share schedules with colleagues in real-time; connect with their friends and colleagues; and store and manage certifications and education hours with intelligent shift swap matching, group messaging, and nurse manager notification features. The company also provides nurse manager software that allows nurse managers to message their department in real-time, view their team's shift swaps and post new shifts to cover absences, and search their team’s certifications and credentials. The company was incorporated in 2013 and is based in Portland, Oregon. As of March 9, 2020, HcT2 Co. operates as a subsidiary of HealthStream, Inc.
Diameter Health transforms patient information into the quantity and quality of interoperable data for healthcare organizations. The core of the Diameter Health platform is Fusion, which enables intelligent data exchange ingestion and cleansing through sophisticated normalization and cleansing processes. Data originating from any certified Electronic Health Record (EHR) is transformed into clinical information optimized for use at the point of care or to be consumed as a rich substrate for analytics.
SecondOpinions.COM, LLC offers second opinion consultation service in all areas of medicine. The company is based in Ft. Lauderdale, Florida. SecondOpinions.COM, LLC operates as a subsidiary of USARAD Holdings, Inc.

Ride Health

Series A in 2021
Ride Health LLC develops a SaaS product platform which enables healthcare providers to schedule, request, and pay for rides on behalf of patients to and from medical appointments. The platform allows coordinators to schedule patient rides in advance or on-demand, sends text message updates and reminders to patients throughout the process, and gives coordinators real-time insight on transportation costs and usage. Ride Health LLC was founded in 2016 and is based in New York, New York.
OrbitalRX, Inc. develops an integrated solution for managing drug shortages. Its platform offers drug information, clinical evidence, and comparative efficacy, alongside the hospital's drug inventory, purchase history, and utilization data, and enables hospital providers, pharmacists, and pharmacy technicians to proactively manage drug shortages. OrbitalRX, Inc. was formerly known as Arxchitect, Inc. The company was founded in 2017 and is based in Clemmons, North Carolina with additional locations in Winston-Salem and Raleigh, North Carolina.

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.

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.

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.

Atalan

Seed Round in 2023
Atalan develops a clinician wellness risk management software to help predict and address clinician burnout and turnover, using machine learning and labor economics. Atalan helps healthcare organizations to make more effective risk management decisions on clinician wellness. The company was founded in 2021 and is based in Boston, USA.

Censinet

Venture Round in 2023
Censinet, Inc. develops and provides cloud based platform and services for healthcare providers. The company's platform assesses and manages ongoing risk associated with third parties and vendors. The company's platform eliminates inefficient spreadsheets and ad-hoc manual processes, streamlines and optimizes workflows, curates data in real-time and transformed based on learning and applied predictive models, and transparency of methods and results. The company was incorporated in 2017 and is headquartered in Winchester, Massachusetts.

Huma.AI

Series A in 2022
Healthcare is extremely inefficient due to complex and disparate systems that don’t talk to each other. The explosion of data further compounds the problem. Huma.AI improves (if not solves) this inefficiency by serving as the connective tissue between system silos allowing “mere mortals” to automatically access data, gain insights and take action using everyday language.