CareDox, a New York startup focused on cloud-based storage solutions for health records, is in the midst of raising about $3.1 million, according to SEC filings. The company, founded in 2010 through Startup Health Academy, is headed by Hesky Kutscher with the purpose of making health information more easily accessible, specifically for schools, camps and for parents. The cloud platform is designed for both mobile and non-mobile access and “easily sharable,” the company says on its website.The company lists a number of already-established partners, among them Pearson, School Office Pro and Senior Systems.
CareDox’s product grew out of an earlier product that helped moms share their kids’ medical records with schools, summer camps, and physicians. CareDox does basically the same thing, but on a larger scale. CareDox provides a care coordination platform for taking care of kids. It also automates the collection of health-related data (no more paper forms) and makes it more easily accessible by school nurses, for example. The platform allows for desktop or mobile access to information in the records. New York City-based CareDox was founded in 2010 and grew up in the NYC-based accelerator Startup Health Academy. The company is now ready to raise some venture capital. According to a filing with the Securities and Exchange Commission dated August 7, Caredox has raised about $2.5 million of a targeted $3.1 million round. Previously, the company took $1.5 million in debt financing in April 2011. The filing says that Caredox may be taking the investment in exchange for both equity in the company, or stock options, or other securities. When VentureBeat called the company’s offices for comment, a voice on the other end said, “We’re not interested in talking,” and abruptly hung up. Presumably the company is not ready to talk about who contributed the new money or what it plans to do with it. CareDox lists as existing investors First Round Capital, Charles River Ventures, Band of Angels, and Giza Ventures.
