TEXO Ventures

TEXO Ventures is a private equity firm based in Austin, incorporated in 2009. The firm focuses on early-stage investments in healthcare and related technology companies. TEXO Ventures is committed to not only funding innovative healthcare ventures but also supporting passionate entrepreneurs who drive these businesses forward. Through its investment strategy, TEXO aims to foster the growth of companies that are poised to make significant impacts in the healthcare sector.

Randall Crowder

Managing Partner

Jerry DeVries

Managing Partner

31 past transactions

OpenMarkets

Series A in 2013
OpenMarkets LLC operates as a collaborative marketplace for capital medical equipment. It negotiates for clinical capital items, such as anesthesia machines and imaging equipment, as well as commoditized equipment, which include laptops, furniture, and TVs. The company also offers indigo, a cloud-based mobile engagement platform designed to help businesses communicate with their customers and employees. OpenMarkets LLC was founded in 2010 and is based in Skokie, Illinois.

Alafair Biosciences

Venture Round in 2012
Alafair Biosciences develops cross-linked polysaccharide hydrogel films for the post-surgical complication of adhesion or tethering between opposing tissue surfaces. It focuses on the development of membranes, bilayers, and injectable gel solutions for anti-adhesion, wound care, and tissue reconstruction applications. The company was founded in 2011 and is based in Austin, Texas.

Ortho Kinematics

Venture Round in 2015
Ortho Kinematics is a spine diagnostics company, provides spine motion analysis and diagnostic services. The company provides information to spine clinicians to assist them in diagnosing and treating back and neck pain. Its solution includes KineGraph Vertebral Motion Analyzer, an automated functional diagnostic test for the spine that uses fluoroscopy to capture the spine in motion, producing patient-specific graphs of the kinematics for each vertebral level. The company was founded in 2006 and is based in Austin, Texas.

Ortho Kinematics

Series C in 2015
Ortho Kinematics is a spine diagnostics company, provides spine motion analysis and diagnostic services. The company provides information to spine clinicians to assist them in diagnosing and treating back and neck pain. Its solution includes KineGraph Vertebral Motion Analyzer, an automated functional diagnostic test for the spine that uses fluoroscopy to capture the spine in motion, producing patient-specific graphs of the kinematics for each vertebral level. The company was founded in 2006 and is based in Austin, Texas.

EmployerDirect Healthcare

Series B in 2012
“Surgery Plus has been a valuable benefit in helping us to both reduce our costs and improve the overall perception of our benefit programs to our employees. We have achieved significant savings off of carrier negotiated discounts and the employees have had very positive medical experiences. I highly recommend the program!”

Ortho Kinematics

Venture Round in 2010
Ortho Kinematics is a spine diagnostics company, provides spine motion analysis and diagnostic services. The company provides information to spine clinicians to assist them in diagnosing and treating back and neck pain. Its solution includes KineGraph Vertebral Motion Analyzer, an automated functional diagnostic test for the spine that uses fluoroscopy to capture the spine in motion, producing patient-specific graphs of the kinematics for each vertebral level. The company was founded in 2006 and is based in Austin, Texas.

Sensentia

Convertible Note in 2015
Sensentia automates complex tasks and processes in the health care administration domain that previously could only be done by humans, driving higher efficiency, better quality of service, at much lower cost. Sensentia is developing a whole platform and ecosystem of applications addressing a multitude of pains in this space. Our first product is providing a fully automated system to answer the billion of inquiries insurers receive from their members and providers every year.

SwipeSense

Series B in 2015
SwipeSense, Inc. offers a hand hygiene solution that combines point-of-care hand hygiene dispensers with real-time data from existing dispensers. The company offers portable dispensers, badges, wall mounted dispensers, hubs, and analytics. It serves the healthcare industry. The company was incorporated in 2011 and is based in Chicago, Illinois.

Precedent Health

Series A in 2010
Precedent Health, Inc. provides managed care services. It focuses on hospital partnerships to establish provider networks; and creation of specialty provider networks. The company was founded in 2010 and is based in Brentwood, Tennessee. As of August 10, 2018, Precedent Health, Inc. operates as a subsidiary of SpecialtyCare, Inc.

Ortho Kinematics

Series B in 2013
Ortho Kinematics is a spine diagnostics company, provides spine motion analysis and diagnostic services. The company provides information to spine clinicians to assist them in diagnosing and treating back and neck pain. Its solution includes KineGraph Vertebral Motion Analyzer, an automated functional diagnostic test for the spine that uses fluoroscopy to capture the spine in motion, producing patient-specific graphs of the kinematics for each vertebral level. The company was founded in 2006 and is based in Austin, Texas.

SwipeSense

Series A in 2014
SwipeSense, Inc. offers a hand hygiene solution that combines point-of-care hand hygiene dispensers with real-time data from existing dispensers. The company offers portable dispensers, badges, wall mounted dispensers, hubs, and analytics. It serves the healthcare industry. The company was incorporated in 2011 and is based in Chicago, Illinois.

OpenMarkets

Series A in 2014
OpenMarkets LLC operates as a collaborative marketplace for capital medical equipment. It negotiates for clinical capital items, such as anesthesia machines and imaging equipment, as well as commoditized equipment, which include laptops, furniture, and TVs. The company also offers indigo, a cloud-based mobile engagement platform designed to help businesses communicate with their customers and employees. OpenMarkets LLC was founded in 2010 and is based in Skokie, Illinois.

EmployerDirect Healthcare

Series A in 2010
“Surgery Plus has been a valuable benefit in helping us to both reduce our costs and improve the overall perception of our benefit programs to our employees. We have achieved significant savings off of carrier negotiated discounts and the employees have had very positive medical experiences. I highly recommend the program!”

IsoStem

Series A in 2015
IsoStem develops tools that support creating and editing radio programs and music productions. It commercializes a proprietary bone marrow autograft concentration system that is not only automated and disposable but also reduces the risk of infections and complications during medical procedures by eliminating the need for costly centrifuges and additional personnel in the operating room. The name ISOSTEM stands for innovative audio tools for professional use in the fields of broadcasting, production, and post-production. The ISOSTEM products are developed in close cooperation with the French audio expert Antoine Hurtado and DSPECIALISTS as the executive development and sales company.

EmployerDirect Healthcare

Series B in 2014
“Surgery Plus has been a valuable benefit in helping us to both reduce our costs and improve the overall perception of our benefit programs to our employees. We have achieved significant savings off of carrier negotiated discounts and the employees have had very positive medical experiences. I highly recommend the program!”

EmployerDirect Healthcare

Series B in 2014
“Surgery Plus has been a valuable benefit in helping us to both reduce our costs and improve the overall perception of our benefit programs to our employees. We have achieved significant savings off of carrier negotiated discounts and the employees have had very positive medical experiences. I highly recommend the program!”

Televero Health

Series A in 2010
Televero Health is a care management platform for Medicare and complex chronic populations with on-demand telehealth capabilities. We partner with Medicare Advantage plans to manage their high risk chronic populations and community-based behavioral health providers focused on effective treatment for the chronic disease of addiction. Our platform is cloud based, HIPAA compliant and offers multi-channel telehealth capabilities such as virtual consults, remote patient monitoring and a 24/7 navigation service for proactive follow-ups.

Wenzel Spine

Series B in 2016
Wenzel Spine, Inc. is a medical technology company focused on providing minimally invasive solutions for the treatment of spinal disorders. The company focused on delivering surgical solutions that improve the overall quality of spine care by simplifying procedures and reducing recovery time. Wenzel Spine seeks to improve the life of a patient by designing and producing devices to support our surgeon clients in the care and treatment of their patients. It also provides VariLift-L, VariLift-A, VariLift-LX, VariLift Interbody Fusion System, and VariLift-C.' Wenzel Spine was founded in 2008 and is headquartered in Texas, USA.

CareDox

Debt Financing in 2016
CareDox delivers free health technology for K-12 public schools to help school nurses deliver care and keep students safe. It is a digital health platform for the largest and most consistent health delivery system in the country. Their mission is to work with partners to provide a unified health record for every family. CareDox leverages pediatric health data and this country’s most successful public health organization, the K-12 school system, to improve outcomes and learn about clinical health data outside of the provider’s office. Traditional care coordination stops short of sending essential care instructions to School Nurses and thus increases the risk of stopped or inconsistent post-discharge care delivery. By closing the link in the pediatric care continuum, children stay healthy and get better faster.

SwipeSense

Series A in 2012
SwipeSense, Inc. offers a hand hygiene solution that combines point-of-care hand hygiene dispensers with real-time data from existing dispensers. The company offers portable dispensers, badges, wall mounted dispensers, hubs, and analytics. It serves the healthcare industry. The company was incorporated in 2011 and is based in Chicago, Illinois.

Wenzel Spine

Series A in 2010
Wenzel Spine, Inc. is a medical technology company focused on providing minimally invasive solutions for the treatment of spinal disorders. The company focused on delivering surgical solutions that improve the overall quality of spine care by simplifying procedures and reducing recovery time. Wenzel Spine seeks to improve the life of a patient by designing and producing devices to support our surgeon clients in the care and treatment of their patients. It also provides VariLift-L, VariLift-A, VariLift-LX, VariLift Interbody Fusion System, and VariLift-C.' Wenzel Spine was founded in 2008 and is headquartered in Texas, USA.

EmployerDirect Healthcare

Series B in 2015
“Surgery Plus has been a valuable benefit in helping us to both reduce our costs and improve the overall perception of our benefit programs to our employees. We have achieved significant savings off of carrier negotiated discounts and the employees have had very positive medical experiences. I highly recommend the program!”

Televero Health

Series A in 2011
Televero Health is a care management platform for Medicare and complex chronic populations with on-demand telehealth capabilities. We partner with Medicare Advantage plans to manage their high risk chronic populations and community-based behavioral health providers focused on effective treatment for the chronic disease of addiction. Our platform is cloud based, HIPAA compliant and offers multi-channel telehealth capabilities such as virtual consults, remote patient monitoring and a 24/7 navigation service for proactive follow-ups.

Ortho Kinematics

Series A in 2010
Ortho Kinematics is a spine diagnostics company, provides spine motion analysis and diagnostic services. The company provides information to spine clinicians to assist them in diagnosing and treating back and neck pain. Its solution includes KineGraph Vertebral Motion Analyzer, an automated functional diagnostic test for the spine that uses fluoroscopy to capture the spine in motion, producing patient-specific graphs of the kinematics for each vertebral level. The company was founded in 2006 and is based in Austin, Texas.

EmployerDirect Healthcare

Series B in 2014
“Surgery Plus has been a valuable benefit in helping us to both reduce our costs and improve the overall perception of our benefit programs to our employees. We have achieved significant savings off of carrier negotiated discounts and the employees have had very positive medical experiences. I highly recommend the program!”

Televero Health

Venture Round in 2015
Televero Health is a care management platform for Medicare and complex chronic populations with on-demand telehealth capabilities. We partner with Medicare Advantage plans to manage their high risk chronic populations and community-based behavioral health providers focused on effective treatment for the chronic disease of addiction. Our platform is cloud based, HIPAA compliant and offers multi-channel telehealth capabilities such as virtual consults, remote patient monitoring and a 24/7 navigation service for proactive follow-ups.

IsoStem

Series A in 2014
IsoStem develops tools that support creating and editing radio programs and music productions. It commercializes a proprietary bone marrow autograft concentration system that is not only automated and disposable but also reduces the risk of infections and complications during medical procedures by eliminating the need for costly centrifuges and additional personnel in the operating room. The name ISOSTEM stands for innovative audio tools for professional use in the fields of broadcasting, production, and post-production. The ISOSTEM products are developed in close cooperation with the French audio expert Antoine Hurtado and DSPECIALISTS as the executive development and sales company.

IsoStem

Series A in 2012
IsoStem develops tools that support creating and editing radio programs and music productions. It commercializes a proprietary bone marrow autograft concentration system that is not only automated and disposable but also reduces the risk of infections and complications during medical procedures by eliminating the need for costly centrifuges and additional personnel in the operating room. The name ISOSTEM stands for innovative audio tools for professional use in the fields of broadcasting, production, and post-production. The ISOSTEM products are developed in close cooperation with the French audio expert Antoine Hurtado and DSPECIALISTS as the executive development and sales company.

Ortho Kinematics

Series A in 2011
Ortho Kinematics is a spine diagnostics company, provides spine motion analysis and diagnostic services. The company provides information to spine clinicians to assist them in diagnosing and treating back and neck pain. Its solution includes KineGraph Vertebral Motion Analyzer, an automated functional diagnostic test for the spine that uses fluoroscopy to capture the spine in motion, producing patient-specific graphs of the kinematics for each vertebral level. The company was founded in 2006 and is based in Austin, Texas.