TEXO Ventures

TEXO Ventures is a venture capital investment firm based in Austin, Texas, founded in 2009, focused on healthcare and related technology companies, including healthcare IT, health services, managed care, medical devices and diagnostics, and personalized medicine. It invests across seed, early, and later stages and aims to support the growth of innovative healthcare companies and passionate entrepreneurs.

Randall Crowder

Managing Partner

Jerry DeVries

Co-Founder and Managing Partner

29 past transactions

BetterDoctor

Series B in 2017
BetterDoctor, Inc. is a technology company based in San Francisco, founded in 2011, that focuses on improving healthcare access by providing web and mobile applications for users to find doctors. Its platform allows individuals to search for healthcare providers based on their specific needs and insurance plans, offering a directory of verified doctors. BetterDoctor also serves health plans and systems by validating and delivering accurate provider data through its API, supporting numerous companies and developers in enhancing their healthcare offerings. By enabling real-time appointment scheduling and ensuring the accuracy of doctor information, BetterDoctor aims to simplify the process of finding qualified healthcare professionals, thereby improving patient outcomes. 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 dedicated to developing innovative diagnostic and minimally invasive surgical solutions for spinal disorders. By focusing on advanced medical devices, the company aims to enhance the quality of spine care through simplified procedures and reduced recovery times. Wenzel Spine's surgical systems are designed to empower surgeons in their treatment efforts, ultimately facilitating quicker recovery for patients while improving overall outcomes in spinal care.

SchoolCare

Debt Financing in 2016
SchoolCare is a digital health platform that provides free health technology to K-12 public schools, enabling school nurses to deliver effective care and enhance student safety. The company aims to create a unified health record for every family by leveraging pediatric health data within the extensive K-12 school system, which serves as a vital public health infrastructure. SchoolCare's platform captures essential student medical information, including charts, medications, and immunizations, while facilitating communication between schools, families, and healthcare providers. By addressing gaps in traditional care coordination, SchoolCare ensures that crucial care instructions reach school nurses, thereby reducing the risk of inconsistent post-discharge care. Through its innovative approach, SchoolCare seeks to improve health outcomes for children and streamline public school health programs across the United States.

Televero Health

Venture Round in 2015
Televero Health is a healthcare provider specializing in telemedicine services aimed at Medicare and complex chronic populations. The company collaborates with Medicare Advantage plans to effectively manage high-risk chronic patients and partners with community-based behavioral health providers to address addiction treatment. Televero Health's cloud-based, HIPAA-compliant platform offers a range of telehealth capabilities, including virtual consultations, remote patient monitoring, and a 24/7 navigation service for proactive follow-ups. By ensuring accessible and efficient care, Televero Health strives to improve patient outcomes and reduce hospital readmissions, making it easier for patients to connect with their care teams at any time.

Ortho Kinematics

Venture Round in 2015
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Founded in 2006, the company develops innovative diagnostic technology solutions for assessing spinal health. Its flagship product, the KineGraph Vertebral Motion Analyzer, employs fluoroscopy to capture spine motion and produce detailed patient-specific graphs that assist clinicians in diagnosing spinal instability and related conditions. In addition to its diagnostic devices, Ortho Kinematics offers comprehensive spine diagnostic imaging services through its imaging center in Austin, providing valuable information to healthcare professionals for the effective treatment of back and neck pain.

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. is a healthcare technology company based in Chicago, Illinois, specializing in hand hygiene solutions and real-time data analytics for the healthcare industry. Founded in 2011, the company provides a range of products, including portable and wall-mounted hand hygiene dispensers, monitoring badges, and data hubs. Their platform integrates various applications such as electronic hand hygiene monitoring, real-time asset tracking, and nursing insights, allowing healthcare facilities to streamline operations and access core metrics without navigating multiple systems. By leveraging location-aware applications and intelligent sensors, SwipeSense aims to enhance patient safety, foster behavior change in hand hygiene practices, and ultimately reduce preventable harm within healthcare settings. The system is designed for easy installation and minimal disruption to hospital staff, contributing to improved patient outcomes and more efficient care delivery.

Sensentia

Convertible Note in 2015
Sensentia automates complex tasks in healthcare administration, improving efficiency and service quality at lower costs. Its platform addresses various pain points in the industry, starting with a fully automated system for answering insurance inquiries.

Ortho Kinematics

Series C in 2015
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Founded in 2006, the company develops innovative diagnostic technology solutions for assessing spinal health. Its flagship product, the KineGraph Vertebral Motion Analyzer, employs fluoroscopy to capture spine motion and produce detailed patient-specific graphs that assist clinicians in diagnosing spinal instability and related conditions. In addition to its diagnostic devices, Ortho Kinematics offers comprehensive spine diagnostic imaging services through its imaging center in Austin, providing valuable information to healthcare professionals for the effective treatment of back and neck pain.

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!”

SwipeSense

Series A in 2014
SwipeSense, Inc. is a healthcare technology company based in Chicago, Illinois, specializing in hand hygiene solutions and real-time data analytics for the healthcare industry. Founded in 2011, the company provides a range of products, including portable and wall-mounted hand hygiene dispensers, monitoring badges, and data hubs. Their platform integrates various applications such as electronic hand hygiene monitoring, real-time asset tracking, and nursing insights, allowing healthcare facilities to streamline operations and access core metrics without navigating multiple systems. By leveraging location-aware applications and intelligent sensors, SwipeSense aims to enhance patient safety, foster behavior change in hand hygiene practices, and ultimately reduce preventable harm within healthcare settings. The system is designed for easy installation and minimal disruption to hospital staff, contributing to improved patient outcomes and more efficient care delivery.

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 operates a collaborative marketplace for medical capital equipment procurement. It negotiates prices for clinical items like anesthesia machines and imaging equipment, along with commoditized equipment such as laptops and furniture. Additionally, it offers Indigo, a cloud-based mobile engagement platform for customer and employee communication. Founded in 2010, OpenMarkets is headquartered in Skokie, Illinois.

Ortho Kinematics

Series B in 2013
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Founded in 2006, the company develops innovative diagnostic technology solutions for assessing spinal health. Its flagship product, the KineGraph Vertebral Motion Analyzer, employs fluoroscopy to capture spine motion and produce detailed patient-specific graphs that assist clinicians in diagnosing spinal instability and related conditions. In addition to its diagnostic devices, Ortho Kinematics offers comprehensive spine diagnostic imaging services through its imaging center in Austin, providing valuable information to healthcare professionals for the effective treatment of back and neck pain.

OpenMarkets

Series A in 2013
OpenMarkets operates a collaborative marketplace for medical capital equipment procurement. It negotiates prices for clinical items like anesthesia machines and imaging equipment, along with commoditized equipment such as laptops and furniture. Additionally, it offers Indigo, a cloud-based mobile engagement platform for customer and employee communication. Founded in 2010, OpenMarkets is headquartered in Skokie, Illinois.

Televero Health

Series B in 2012
Televero Health is a healthcare provider specializing in telemedicine services aimed at Medicare and complex chronic populations. The company collaborates with Medicare Advantage plans to effectively manage high-risk chronic patients and partners with community-based behavioral health providers to address addiction treatment. Televero Health's cloud-based, HIPAA-compliant platform offers a range of telehealth capabilities, including virtual consultations, remote patient monitoring, and a 24/7 navigation service for proactive follow-ups. By ensuring accessible and efficient care, Televero Health strives to improve patient outcomes and reduce hospital readmissions, making it easier for patients to connect with their care teams at any time.

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

Venture Round in 2012
SwipeSense, Inc. is a healthcare technology company based in Chicago, Illinois, specializing in hand hygiene solutions and real-time data analytics for the healthcare industry. Founded in 2011, the company provides a range of products, including portable and wall-mounted hand hygiene dispensers, monitoring badges, and data hubs. Their platform integrates various applications such as electronic hand hygiene monitoring, real-time asset tracking, and nursing insights, allowing healthcare facilities to streamline operations and access core metrics without navigating multiple systems. By leveraging location-aware applications and intelligent sensors, SwipeSense aims to enhance patient safety, foster behavior change in hand hygiene practices, and ultimately reduce preventable harm within healthcare settings. The system is designed for easy installation and minimal disruption to hospital staff, contributing to improved patient outcomes and more efficient care delivery.

Alafair Biosciences

Venture Round in 2012
Alafair Biosciences develops cross-linked polysaccharide hydrogel films to prevent post-surgical soft tissue attachments. Its products include membranes, bilayers, and injectable gels for applications in scar prevention, wound care, and tissue reconstruction.

Ortho Kinematics

Series A in 2011
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Founded in 2006, the company develops innovative diagnostic technology solutions for assessing spinal health. Its flagship product, the KineGraph Vertebral Motion Analyzer, employs fluoroscopy to capture spine motion and produce detailed patient-specific graphs that assist clinicians in diagnosing spinal instability and related conditions. In addition to its diagnostic devices, Ortho Kinematics offers comprehensive spine diagnostic imaging services through its imaging center in Austin, providing valuable information to healthcare professionals for the effective treatment of back and neck pain.

Televero Health

Series A in 2011
Televero Health is a healthcare provider specializing in telemedicine services aimed at Medicare and complex chronic populations. The company collaborates with Medicare Advantage plans to effectively manage high-risk chronic patients and partners with community-based behavioral health providers to address addiction treatment. Televero Health's cloud-based, HIPAA-compliant platform offers a range of telehealth capabilities, including virtual consultations, remote patient monitoring, and a 24/7 navigation service for proactive follow-ups. By ensuring accessible and efficient care, Televero Health strives to improve patient outcomes and reduce hospital readmissions, making it easier for patients to connect with their care teams at any time.

Precedent Health

Series A in 2010
Precedent Health, Inc. offers managed care services with a strong emphasis on forming partnerships with hospitals to develop comprehensive provider networks, including specialized provider networks. Founded in 2010 and headquartered in Brentwood, Tennessee, the company aims to enhance healthcare delivery by facilitating coordinated care among various healthcare providers. As of August 2018, Precedent Health operates as a subsidiary of SpecialtyCare, Inc., further integrating its services within a broader healthcare framework.

Ortho Kinematics

Venture Round in 2010
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Founded in 2006, the company develops innovative diagnostic technology solutions for assessing spinal health. Its flagship product, the KineGraph Vertebral Motion Analyzer, employs fluoroscopy to capture spine motion and produce detailed patient-specific graphs that assist clinicians in diagnosing spinal instability and related conditions. In addition to its diagnostic devices, Ortho Kinematics offers comprehensive spine diagnostic imaging services through its imaging center in Austin, providing valuable information to healthcare professionals for the effective treatment of back and neck pain.

Ortho Kinematics

Series A in 2010
Ortho Kinematics, Inc. is a healthcare diagnostics company based in Austin, Texas, specializing in spine imaging informatics. Founded in 2006, the company develops innovative diagnostic technology solutions for assessing spinal health. Its flagship product, the KineGraph Vertebral Motion Analyzer, employs fluoroscopy to capture spine motion and produce detailed patient-specific graphs that assist clinicians in diagnosing spinal instability and related conditions. In addition to its diagnostic devices, Ortho Kinematics offers comprehensive spine diagnostic imaging services through its imaging center in Austin, providing valuable information to healthcare professionals for the effective treatment of back and neck pain.

Televero Health

Series A in 2010
Televero Health is a healthcare provider specializing in telemedicine services aimed at Medicare and complex chronic populations. The company collaborates with Medicare Advantage plans to effectively manage high-risk chronic patients and partners with community-based behavioral health providers to address addiction treatment. Televero Health's cloud-based, HIPAA-compliant platform offers a range of telehealth capabilities, including virtual consultations, remote patient monitoring, and a 24/7 navigation service for proactive follow-ups. By ensuring accessible and efficient care, Televero Health strives to improve patient outcomes and reduce hospital readmissions, making it easier for patients to connect with their care teams at any time.

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 dedicated to developing innovative diagnostic and minimally invasive surgical solutions for spinal disorders. By focusing on advanced medical devices, the company aims to enhance the quality of spine care through simplified procedures and reduced recovery times. Wenzel Spine's surgical systems are designed to empower surgeons in their treatment efforts, ultimately facilitating quicker recovery for patients while improving overall outcomes in spinal care.
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