Avizia Raises Additional $6M to Close $17M Series A Funding

Funding Rounds

Summary

Avizia, a Reston, VA-based telehealth solution provider, raised an additional $6m to complete its $17m Series A financing.In conjunction with the funding, Randy Scott, HealthQuest Capital Partner, joined Avizia’s Board Member.In addition, Avizia and Silicon Valley Bank (SVB) expanded a $3m debt financing and a $1.5m line of credit.The company intends to use the funds to expand its engineering teams and to enhance its comprehensive platform and grow go to market efforts.Led by CEO and Co-Founder Mike Baird, Avizia provides a telehealth platform that combines video devices with software solutions to streamline care coordination, provider collaboration, and patient engagement.

$ Funding

$
Amount $6.0M Total raised
Date October 31, 2016 Announcement date
Investors HealthQuest Capital Lead investors
Company http://www.avizia.com Funded company

Classifications

industries
HealthTech
applications
E-Commerce EDI Software

AskAI Classifications

Labels
Healthcare Software Telehealth Platform SaaS

Linked Companies

Amwell
$10M to $25M