Patient Experience Platform NexHealth Secures $4.2M Funding to Open San Francisco Office and Drive Product Innovation

On September 20, 2019, VCBeat (WeChat ID: vcbeat) learned from foreign media reports that NexHealth, a patient experience management platform, had completed a $4.2 million financing round. The round was led by Point Nine Capital, with participation from Rubicon Venture Capital, Scott Belsky, Josh Hannah, and existing investor iSeed Ventures.

NexHealth plans to use the funds from this round of financing to open an office in San Francisco, USA, improve its five-star rating product, and promote product innovation.

NexHealth is the first patient experience management platform authorized to enable physicians to conduct their practices online. Through NexHealth, physicians can deliver end-to-end patient experiences, featuring key functionalities such as real-time online scheduling, billing via text/email, automated reminders, recall campaigns, two-way messaging, and review management. NexHealth empowers physicians to engage directly with consumers, providing the seamless and modern experience that patients expect. Since its launch in 2017, the company has onboarded thousands of physicians and serves over 4 million patients each month.

Christoph Janz, Co-Founder of Point Nine Capital, stated, “Alamin and his team at NexHealth have built one of the most innovative products on the market, and we are excited to collaborate with the NexHealth team.”

“NexHealth’s mission is to modernize the way people connect with doctors while enabling physicians to run their practices more effectively,” said Alamin Uddin, Co-Founder and CEO of NexHealth. “We partner with leading providers across the United States and Canada to deliver superior services to our customers.”

PNC is a German early-stage venture capital firm focused on investing in SaaS (Software as a Service) companies. The firm was founded in 2011 by Christoph Janz, Kolja Hebenstreit, Lukasz Gadowski, and Pawel Chudzinski.

Josh Hannah is a venture capitalist and entrepreneur. Hannah is the CEO and co-founder of Flutter.com, which merged with Betfair in 2002.

Scott Belsky is an American entrepreneur and early-stage investor. In 2010, Belsky was named to Fast Company’s “100 Most Creative People in Business” list. In February 2016, Belsky left Adobe and joined Benchmark as the firm’s sixth general partner. Prior to joining Benchmark, Belsky served as an early investor and active advisor to companies such as Uber, Warby Parker, Pinterest, Periscope, and Sweetgreen.

Rubicon, founded in 2013, is an early-stage venture capital firm primarily investing in software, technology, and direct-to-consumer (DTC) companies. Rubicon boasts a unique global community of investors, with its investment focus centered on successful entrepreneurs and executives located in major cities worldwide.

iSeed Ventures is a portfolio company based in California, USA, focusing on consumer mobile technology and the healthcare industry. iSeed is committed to partnering with next-generation tech startups to jointly build enduring and impactful companies.

(Compiled by Tian Shuhang)