The company which selects drugs for neuropsychiatric patients is backed again by healthcare company Mayo Clinic and hospital Cincinnati Children's Hospital, which is based on technology from the two investors.

Healthcare company Mayo Clinic and hospital Cincinnati Children’s Hospital as well as public-private investment organisation CincyTech have helped AssureRX Health, a company which selects drugs for neuropsychiatric patients, raise $12.5m.

Venture firm Four Rivers Group led the series C round, which also included existing investors Claremont Creek Venture, Sequoia Capital, Allos Ventures, as well as new investors Jven Capital and Alafi Capital.

Last year AssureRx Health raised $11m in its series B round. Corporate venturing units from Cincinnati Children’s Hospital…