OneMedNet Announces Additional $3.7 Million of Funding in Private Placement Transactions and Approximately $11 Million in Reductions in Liabilities
Summary
OneMedNet announced that it raised about $3.7 million through private placement transactions with accredited investors. The company said founders and directors participated in the financing and that it will use the proceeds for working capital and general corporate purposes. It also said it settled or converted about $11 million in liabilities during the second quarter of 2025, cutting total liabilities by roughly 60% from March 31, 2025. OneMedNet positions its iRWD platform as a healthcare data business serving drugmakers, medical device companies, AI firms, and other industries.
Funding
Amount
$3.7M
Total raised
Date
June 19, 2025
Announcement date
Investors
Nasdaq
Lead investors
Company
onemednet.com
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected