Austin health care software firm raises $1M to expand product

May 23, 2014
Austin Business Journal

Filament Labs, a health care technology company, said Thursday that a $1 million investment raised in a seed-funding round led by Houston-based venture firm Mercury Fund will be used to enhance and promote its flagship enterprise patient aftercare platform Patient IO

The enhanced version of Patient IO will allow health professionals to create personalized care plans, the company said in a statement. The platform's mobile care plans can also be used for providing patient self-care outside the clinic. Doctors will also be able to send reminders about treatment-specific tasks directly to the patients' or their caregivers' smartphones and to engage with their patients in real-time

Corinthian Health Services and Arcadia Home Care were the other companies that participated in the seed round and were joined by angel investors including David Cohen of Colorado-based Techstars LLC

As of April 1, Patient IO has been deployed to some 4,000 patients with another 4,000 patients set to take advantage of the platform in June, the company said

Patient IO previously raised $160,000 when the company participated in Techstars Austin in August 2013

Print Article opens in new window