What You Should Know:
– AcuityMD, a platform for commercializing and improving medical devices with data announced it has raised $7M in funding led by Benchmark with participation from Ajax Health. Eric Vishria, General Partner at Benchmark will also join AcuityMD’s board of directors.
– Since launching commercially in 2020, AcuityMD has become a trusted partner within the medical device industry by creating a data platform for the entire medical device lifecycle, from sale and surgery to patient outcomes. Traditionally, data about the performance of medical devices in the field were not shared across manufacturers, healthcare providers using products, or insurance companies paying for these procedures. AcuityMD breaks medical device data out of these siloes, and helps its customers connect their product-level data to insights about healthcare providers and the patient outcomes they experience.
– AcuityMD’s platform can be tailored to serve any market vertical, including orthopaedics, spine, biologics, surgical imaging, endoscopy and more. The company will use the funding to accelerate hiring with a goal to double the team by the end of the year, and continue to invest in product development.
