What is CrossTx?
CrossTx operates as a closed-loop care coordination and referral management platform, specifically engineered to bolster value-based care initiatives. Its services are tailored for health systems, hospitals, health and human services agencies, and nonprofit organizations. The platform is designed for seamless integration with leading electronic health records (EHRs) and adheres to stringent healthcare regulations. By offering robust tools for chronic care management, behavioral health integration, and general care coordination, CrossTx is dedicated to elevating patient outcomes and optimizing operational workflows. The company's technology fosters enhanced collaboration among diverse healthcare providers, championing a patient-centric approach to healthcare delivery.
How much funding has CrossTx raised?
CrossTx has raised a total of $1.5M across 3 funding rounds:
Private Equity
$663K
Angel/Seed
$735K
Debt
$130K
Private Equity (2016): $663K, investors not publicly disclosed
Angel/Seed (2017): $735K led by Frontier Angel Fund
Debt (2021): $130K supported by PPP
Key Investors in CrossTx
Frontier Angel Fund
Frontier Angel Fund is a prominent angel investment network focused on supporting early-stage technology startups, particularly those with regional ties. They provide crucial seed and Series A capital alongside strategic guidance to foster innovation and economic growth.
PPP
Public-Private Partnership
What's next for CrossTx?
The recent major strategic investment in CrossTx signals a strong confidence in its mission to transform healthcare coordination. This capital infusion is likely to fuel further platform development, expand market reach, and enhance integration capabilities with a wider array of healthcare systems. As CrossTx continues to scale, its focus will remain on deepening its impact within value-based care models, potentially exploring new partnerships and technological advancements to further streamline patient journeys and improve overall health system efficiency. The company's trajectory suggests a continued emphasis on innovation and strategic growth within the health tech sector.
See full CrossTx company page
