US-based healthcare administration platform developer Luma Health raised $6.3m in a series A round on Tuesday that featured Stanford-StartX Fund, the VC vehicle backed by the university.
Venture capital firm US Venture Partners (USVP) led the round, with participation from unspecified existing investors.
Founded in 2015, Luma Health has created a cloud-based communication platform that enables primary care providers to conduct administrative tasks and stay in touch with their patients. The system can tailor communications to a patient’s medical needs, automate in-bound referrals and schedule appointments to fill cancelled sessions.
Luma Health will use the capital to recruit additional product engineers as the company seeks to drive its market strategy in areas including sales and promotion. Dafina Toncheva, partner at USVP, will join Luma’s board of directors.
Luma Health, which graduated from StartX’s accelerator in summer 2015, has now raised a total of $9.7m in funding. Its early investors include VC firm Azure Capital Partners and investment firm Shorooq Investments, though further details could not be ascertained.
Dafina Toncheva said: “It is hard for patients to connect with their providers along their entire healthcare pathway. Luma Health has found a way to harness mobile to improve patient-provider communication throughout the healthcare journey, making patients healthier and impacting providers’ bottom line.”
