Clinician Nexus Secures $1.5M Seed Funding to Expand Hospital Partnerships and Enhance Clinical Rotation Platform

VCBeat (WeChat ID: vcbeat) learned from foreign media that on December 19, 2019, U.S. healthcare startup Clinician Nexus announced the completion of a $1.5 million seed funding round. The round was led by Chicago-based Hyde Park Venture Partners, with other investors including Great North Labs, Sofia Fund, and Cedars-Sinai.

Clinician Nexus plans to use the funds from this round of financing to expand the number of hospitals it collaborates with and intends to add features to the school section of its online platform (such as allowing students to conduct assessments on the platform) to optimize the quality of services provided.

Clinician Nexus, founded on May 4, 2016, and headquartered in Minneapolis, United States, is a company specializing in collaborative clinical education management. Clinician Nexus facilitates the clinical rotation management process by providing a transparent platform for health systems, schools, and students.

Clinician Nexus Labs has a deep understanding of the factors that influence and hinder stakeholders in the clinical rotation management process. Therefore, in addition to data collection and scheduling on its platform, Clinician Nexus provides health systems, schools, and students with an intelligent and transparent way to connect directly, thereby streamlining the onboarding process and enhancing collaboration. The company states that its platform has been adopted by 100 hospitals and 150 schools in the United States, facilitating clinical rotations for over 10,000 students. Recently, the company also partnered with PreCheck to add comprehensive background checks to its services.

Pradip Madan, Managing Partner at Great North Labs, stated, “Great North Labs invests in teams that address customers’ critical needs and engage deeply with them; Clinician Nexus meets both criteria.”

Katrina Anderson, CEO of Clinician Nexus, stated, “We are delighted by the investors’ interest in Clinician Nexus. We look forward to collaborating with them and further consolidating the achievements made by Clinician Nexus.”

Previously, Clinician Nexus completed a $100,000 financing round in September 2019, a $300,000 financing round in February 2018, and a $350,000 financing round in September 2017. The investor in the September 2019 round was Cedars-Sinai; other details have not been disclosed.

Hyde Park Venture Partners, established on December 15, 2011, is an early-stage venture capital firm headquartered in Chicago, USA, with an office in Indianapolis. It focuses on investing in high-growth technology startups.

Great North Labs, established in September 2017 and headquartered in the Great Lakes region of the United States, is an early-stage venture capital firm that invests in upper-Midwest technology startups. Great North Labs is dedicated to investing in exponential and disruptive technologies to drive grassroots economic development.

Sofia Fund, established in 2006 and headquartered in Minneapolis, USA, invests in technology-driven growth companies led by women.

(Compiled by Yang Xiaohui)