Cone Health

Cone Health is a not-for-profit healthcare provider serving six counties in North Carolina. It operates multiple hospitals, over 60 outpatient clinics, and numerous physician practices, offering a comprehensive range of services including bariatrics, behavioral health, cancer care, orthopedics, neurosciences, virtual care, primary care, women's services, and rehabilitation. The organization is committed to excellence in quality, service, and cost, aiming to be a national leader in these areas.

Suresh Krishnan

Vice President and CTO

John Miller

Chief Investment Officer

6 past transactions

Rad AI

Series C in 2025
Rad AI develops an artificial intelligence platform that automates report generation for radiologists. Its solution integrates with existing workflows, automating repetitive tasks to enhance efficiency, reduce burnout, and improve patient care.

Leo Cancer Care

Series C in 2024
Leo Cancer Care develops an integrated cancer treatment system designed to simplify radiation therapy and improve patient experience. Founded in Australia, the company promotes upright patient positioning and a shift from machine rotation to patient rotation, supported by global research on its clinical benefits. The system combines three-dimensional imaging with automated control of radiation beams to deliver the appropriate energy to the targeted tissue, enabling radiotherapy centers to reduce pain, time, and cost. It can be integrated with standard radiotherapy equipment to support image-guided delivery and streamlined workflows. By prioritizing patient positioning and precise dose delivery, Leo Cancer Care aims to improve treatment accuracy, accessibility, and safety in cancer care.

The Nussbaum Center for Entrepreneurship

Grant in 2023
The Nussbaum Center for Entrepreneurship, based in Greensboro, North Carolina, is the largest small-business incubator in the state, established in 1987. It offers a range of resources and support services to entrepreneurs and small business owners, including affordable office space, training programs, networking events, and personalized coaching. The organization focuses on helping individuals develop their business concepts into viable and sustainable enterprises, providing assistance in areas such as strategic planning, marketing strategies, goal setting, and financial modeling. A notable aspect of the center is its commitment to fostering diverse entrepreneurship, with a significant portion of its associates being minority or women-led businesses. The Nussbaum Center has a strong track record, with a high percentage of its associates remaining operational after five years, contributing to a reduction in small business failures.

Fuse Oncology

Venture Round in 2023
Fuse Oncology specializes in providing business and clinical intelligence solutions tailored for radiation oncology. The company develops a software-as-a-service (SaaS) platform designed to enhance the efficiency, quality, and safety of oncology practices. By addressing healthcare workflow challenges and eliminating data silos, Fuse Oncology enables clinicians to achieve a more streamlined experience. Additionally, the platform employs artificial intelligence to optimize clinical documentation, further supporting healthcare professionals in delivering effective radiation oncology care.

Medicom Technologies

Series B in 2021
Medicom Technologies, Inc. is a technology company based in Raleigh, North Carolina, that specializes in improving patient care through innovative health information solutions. The company addresses interoperability challenges in healthcare by providing a network that consolidates a patient's complete medical history into an easily navigable interface. This network eliminates the need for traditional methods of sharing clinical information, such as faxes and CD-ROMs, by connecting over 2,000 healthcare organizations through more than 3,500 unique connections. Medicom offers several key products, including Imagex, a diagnostic image transfer solution; Endpoint, an image archiving system; and Hex, a patient record exchange network. Additionally, the company features the deepMed Marketplace, which supports healthcare data consumers in life sciences and pharmaceuticals by facilitating the curation of extensive longitudinal data sets for research and AI applications. Founded by Michael Rosenberg, Malcolm Benitz, and Chase Ballard, Medicom is dedicated to transforming how healthcare information is shared and utilized.

Xealth

Series B in 2021
Xealth is a digital health technology company that provides a platform enabling clinicians to integrate, prescribe, and monitor digital health tools within electronic health record workflows. The Xealth platform helps care teams select appropriate digital health tools and programs, deliver orders to patients via email or patient portal, and track patient engagement and utilization, at both individual and system levels. The platform supports patient education and connects with online third-party apps and programs, device monitoring, and non-clinical services such as ride-sharing, food delivery, and e-commerce recommendations. Founded in 2016 and based in Seattle, Xealth focuses on scaling healthcare workflows by automating the prescription and monitoring of digital health tools to improve engagement and outcomes.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.