Tech Company Financing Transactions
Sift Healthcare Funding Round
B Capital Group, Allos Ventures and First Trust Capital Partners participated in a $20 million Series B funding round for Sift Healthcare. The round was announced on 5/9/2024.
Transaction Overview
Company Name
Announced On
5/9/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to prioritize team expansion and technology investments in artificial intelligence as it grows its platform.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
220 East Buffalo St. 2nd Floor
Milwaukee, WI 53202
USA
Milwaukee, WI 53202
USA
Phone
Undisclosed
Website
Email Address
Overview
Sift MD is a healthcare analytics platform that holistically leverages all of your data sources, both structured and unstructured, to reduce claims denials, increase patient collection rates and capture clinical insights. Sift MD turns the most challenging and important healthcare data into powerful operational tools.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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