TEXO Ventures

TEXO Ventures is a private equity firm based in Austin, Texas, established in 2009. The firm specializes in investing in early-stage healthcare companies and related technologies, focusing on sectors such as healthcare IT, managed care, medical devices, diagnostics, and personalized medicine. TEXO Ventures is committed to supporting passionate entrepreneurs who are driving innovation in the healthcare industry. By providing both capital and strategic guidance, the firm aims to foster the growth of transformative companies that can improve healthcare delivery and outcomes.

Jerry DeVries

Co-Founder and Managing Partner

31 past transactions

BetterDoctor

Series B in 2017
BetterDoctor, Inc. is a company based in San Francisco, California, that specializes in developing web and mobile applications to assist users in finding healthcare providers. Founded in 2011, BetterDoctor allows users to specify the type of doctor they need and select their insurance plan to view a list of verified healthcare professionals. The company's platform provides accurate provider data to health plans, health systems, and various organizations through its API, facilitating the search for doctors and improving healthcare access. BetterDoctor's services have reached millions of users, powering numerous health plans and companies by enhancing the transparency and reliability of doctor data. As of June 2018, BetterDoctor operates as a subsidiary of Quest Analytics, L.L.C.

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 Inc. operates a care coordination platform designed to assist parents and schools in managing and sharing medical information effectively. Founded in 2010 and based in New York, the company focuses on streamlining the collection and accessibility of health data to enhance child safety. Its platform enables parents to organize their family's health information, eliminating the need for paper forms during school, camp, and daycare enrollment. Parents can selectively share health information while maintaining a secure record of their children's medical history. For schools, CareDox facilitates the medical enrollment process, ensuring compliance with safety requirements and providing school staff, including nurses and teachers, with essential health information about students. This access allows for real-time insights into allergies, medications, and special dietary needs, ultimately improving health outcomes and supporting the continuity of care for children in the K-12 education system.

Televero Health

Venture Round in 2015
Televero Health is a care management platform designed to support Medicare and complex chronic populations through on-demand telehealth services. The company partners with Medicare Advantage plans to effectively manage high-risk chronic populations, focusing particularly on community-based behavioral health providers and the treatment of addiction. Its cloud-based platform is HIPAA compliant and provides multi-channel telehealth capabilities, including virtual consultations, remote patient monitoring, and a 24/7 navigation service for proactive follow-ups. By offering these services, Televero Health aims to reduce hospital readmissions, enhance the quality of care, and facilitate seamless connections between patients and their care teams, ultimately leading to improved clinical outcomes.

Ortho Kinematics

Venture Round in 2015
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Established in 2006, it develops advanced diagnostic technology solutions for assessing spinal instability. The company offers the KineGraph Vertebral Motion Analyzer, an automated system that utilizes fluoroscopy to capture spine motion, generating patient-specific graphs that aid clinicians in diagnosing and treating back and neck pain. Additionally, Ortho Kinematics provides cloud-based analysis of instability testing results along with video X-ray imaging services through its imaging center. The company's innovations support spine clinicians by delivering critical insights into spinal health.

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.

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.

Sensentia

Convertible Note in 2015
Sensentia specializes in automating complex tasks within healthcare administration, focusing on improving efficiency and service quality while reducing costs. The company is developing a comprehensive platform and ecosystem of applications aimed at addressing various challenges in the health insurance sector. Its initial product offers a fully automated system designed to manage the vast number of inquiries that insurers receive from members and providers annually. By simplifying the complexity of health insurance information, Sensentia enables clients to deliver accurate and meaningful benefits information, thereby minimizing coverage confusion and enhancing communication in the healthcare landscape.

Ortho Kinematics

Series C in 2015
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Established in 2006, it develops advanced diagnostic technology solutions for assessing spinal instability. The company offers the KineGraph Vertebral Motion Analyzer, an automated system that utilizes fluoroscopy to capture spine motion, generating patient-specific graphs that aid clinicians in diagnosing and treating back and neck pain. Additionally, Ortho Kinematics provides cloud-based analysis of instability testing results along with video X-ray imaging services through its imaging center. The company's innovations support spine clinicians by delivering critical insights into spinal health.

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!”

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!”

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.

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.

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!”

OpenMarkets

Series A in 2014
OpenMarkets LLC is a collaborative marketplace specializing in capital medical equipment, founded in 2010 and located in Skokie, Illinois. The company negotiates for a range of clinical capital items, including anesthesia machines and imaging equipment, as well as commoditized products like laptops, furniture, and televisions. OpenMarkets provides a software-as-a-service platform that enhances budgeting and planning for healthcare providers, improving visibility into supply chain needs and vendor relationships. Additionally, the company offers outsourced sourcing services and aggregates hospital demand to create volume savings opportunities. OpenMarkets generates revenue through subscription fees for its software platform and transaction fees based on savings achieved for its clients.

Ortho Kinematics

Series B in 2013
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Established in 2006, it develops advanced diagnostic technology solutions for assessing spinal instability. The company offers the KineGraph Vertebral Motion Analyzer, an automated system that utilizes fluoroscopy to capture spine motion, generating patient-specific graphs that aid clinicians in diagnosing and treating back and neck pain. Additionally, Ortho Kinematics provides cloud-based analysis of instability testing results along with video X-ray imaging services through its imaging center. The company's innovations support spine clinicians by delivering critical insights into spinal health.

OpenMarkets

Series A in 2013
OpenMarkets LLC is a collaborative marketplace specializing in capital medical equipment, founded in 2010 and located in Skokie, Illinois. The company negotiates for a range of clinical capital items, including anesthesia machines and imaging equipment, as well as commoditized products like laptops, furniture, and televisions. OpenMarkets provides a software-as-a-service platform that enhances budgeting and planning for healthcare providers, improving visibility into supply chain needs and vendor relationships. Additionally, the company offers outsourced sourcing services and aggregates hospital demand to create volume savings opportunities. OpenMarkets generates revenue through subscription fees for its software platform and transaction fees based on savings achieved for its clients.

Televero Health

Series B in 2012
Televero Health is a care management platform designed to support Medicare and complex chronic populations through on-demand telehealth services. The company partners with Medicare Advantage plans to effectively manage high-risk chronic populations, focusing particularly on community-based behavioral health providers and the treatment of addiction. Its cloud-based platform is HIPAA compliant and provides multi-channel telehealth capabilities, including virtual consultations, remote patient monitoring, and a 24/7 navigation service for proactive follow-ups. By offering these services, Televero Health aims to reduce hospital readmissions, enhance the quality of care, and facilitate seamless connections between patients and their care teams, ultimately leading to improved clinical outcomes.

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.

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!”

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.

Alafair Biosciences

Venture Round in 2012
Alafair Biosciences, Inc. is an early-stage biotechnology company based in Austin, Texas, focused on developing and commercializing innovative biomaterials and biomedical devices aimed at enhancing internal wound healing. The company specializes in cross-linked polysaccharide hydrogel films designed to address the post-surgical complication of unwanted soft tissue adhesions between opposing tissue surfaces. Additionally, Alafair Biosciences develops various solutions, including membranes, bilayers, and injectable gels, which are intended for applications in scar prevention, wound care, and tissue reconstruction. Founded in 2011, the company is committed to advancing medical technologies that improve patient outcomes in surgical recovery.

Ortho Kinematics

Series A in 2011
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Established in 2006, it develops advanced diagnostic technology solutions for assessing spinal instability. The company offers the KineGraph Vertebral Motion Analyzer, an automated system that utilizes fluoroscopy to capture spine motion, generating patient-specific graphs that aid clinicians in diagnosing and treating back and neck pain. Additionally, Ortho Kinematics provides cloud-based analysis of instability testing results along with video X-ray imaging services through its imaging center. The company's innovations support spine clinicians by delivering critical insights into spinal health.

Televero Health

Series A in 2011
Televero Health is a care management platform designed to support Medicare and complex chronic populations through on-demand telehealth services. The company partners with Medicare Advantage plans to effectively manage high-risk chronic populations, focusing particularly on community-based behavioral health providers and the treatment of addiction. Its cloud-based platform is HIPAA compliant and provides multi-channel telehealth capabilities, including virtual consultations, remote patient monitoring, and a 24/7 navigation service for proactive follow-ups. By offering these services, Televero Health aims to reduce hospital readmissions, enhance the quality of care, and facilitate seamless connections between patients and their care teams, ultimately leading to improved clinical outcomes.

Precedent Health

Series A in 2010
Precedent Health, Inc. is a managed care services provider based in Brentwood, Tennessee. Founded in 2010, the company specializes in forming partnerships with hospitals to create and manage provider networks, including specialty provider networks. As of August 2018, Precedent Health operates as a subsidiary of SpecialtyCare, Inc.

Ortho Kinematics

Venture Round in 2010
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Established in 2006, it develops advanced diagnostic technology solutions for assessing spinal instability. The company offers the KineGraph Vertebral Motion Analyzer, an automated system that utilizes fluoroscopy to capture spine motion, generating patient-specific graphs that aid clinicians in diagnosing and treating back and neck pain. Additionally, Ortho Kinematics provides cloud-based analysis of instability testing results along with video X-ray imaging services through its imaging center. The company's innovations support spine clinicians by delivering critical insights into spinal health.

Ortho Kinematics

Series A in 2010
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Established in 2006, it develops advanced diagnostic technology solutions for assessing spinal instability. The company offers the KineGraph Vertebral Motion Analyzer, an automated system that utilizes fluoroscopy to capture spine motion, generating patient-specific graphs that aid clinicians in diagnosing and treating back and neck pain. Additionally, Ortho Kinematics provides cloud-based analysis of instability testing results along with video X-ray imaging services through its imaging center. The company's innovations support spine clinicians by delivering critical insights into spinal health.

Televero Health

Series A in 2010
Televero Health is a care management platform designed to support Medicare and complex chronic populations through on-demand telehealth services. The company partners with Medicare Advantage plans to effectively manage high-risk chronic populations, focusing particularly on community-based behavioral health providers and the treatment of addiction. Its cloud-based platform is HIPAA compliant and provides multi-channel telehealth capabilities, including virtual consultations, remote patient monitoring, and a 24/7 navigation service for proactive follow-ups. By offering these services, Televero Health aims to reduce hospital readmissions, enhance the quality of care, and facilitate seamless connections between patients and their care teams, ultimately leading to improved clinical outcomes.

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!”

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.
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