website - https://caresyntax.com
OR software company raises $45.6M and makes a new acquisition (MedCityNews)
Boston-based Caresyntax raised $45.6 million and acquired Syus, an analytics provider for hospitals.
A recent acquisition and an influx of fresh capital will help Boston-based surgical software company Caresyntax expand its footprint to more operating rooms.
Caresyntax closed on $45.6 million in funding to build out its suite of surgery software and fuel its growth across the U.S. Eight investors participated in the round, including Sunnyvale-based Plug and Play Ventures and a new limited partnership formed by Takeda and Tokyo-based Whiz Partners.
The software company also acquired Syus, an analytics provider for hospitals, which will complement its current work.
Caresyntax Co-Founder and Executive Chairman Dennis Kogan started the company in 2013, with the goal of reducing the high rate of complications from surgery. Roughly one in seven patients experience complications after a surgery. Kogan is not a surgeon himself—his background is in technology and finance. But he comes from a family of surgeons, giving him early exposure to the field.
“I saw how the most mission-criti...
