Xealth
Facts
- HQ
- Seattle
- Sectors
- Digital Health, Healthcare, Health IT, Clinical Decision Support
- Founded
- 2017
- Type
- Corporation Seattle business license
- Registered name
- Xealth Inc Seattle business license
Samsung Electronics to Acquire Seattle-Based Digital Health Startup Xealth to Enhance Healthcare Integration
Samsung Electronics is acquiring Seattle-based digital health startup Xealth, which helps healthcare providers manage digital health tools and is used by over 500 U.S. hospitals. The acquisition aims to integrate consumer health data with clinical records to enhance personalized and preventive care, with the deal expected to close later this year pending regulatory approval.
Seattle Startup Xealth Gains Investment from Morningside Ventures to Expand Digital Healthcare Platform
Seattle-based health tech startup Xealth secured new funding from Morningside Ventures to expand its digital healthcare delivery platform that integrates with electronic health records and supports over 100,000 medical providers. Since its 2017 spinout from Providence, Xealth has facilitated 12 million orders and works with more than 50 digital health vendors.
Providence spins out Praia Health, raises $20M Series A led by Frist Cressey Ventures to scale consumer health platform
Providence has spun out Praia Health and announced an oversubscribed $20 million Series A led by Frist Cressey Ventures to scale a new consumer-focused health platform; Community Health Network is Praia Health's first external customer and 17 organizations joined as program partners.
Providence launches Praia Health startup; platform supports 3M+ accounts and returned $20M+ in 2022
Providence launched Praia Health, a platform-as-a-service startup to modernize patient digital engagement by personalizing health journeys and connecting users to services; the platform—used within Providence since January 2022—supports over 3 million accounts and generated more than $20 million in measurable value in 2022. Startup veteran Justin Dearborn is executive-in-residence as Praia works with health systems and partners to commercialize its patent-pending identity and engagement technology.
Madrona Venture Labs Raises $11M for Fifth Fund to Accelerate AI Startups, Including Generative AI
Madrona Venture Labs raised $11 million for its fifth fund to support AI startups, planning to back 12 new companies with a focus on intelligent applications and generative AI. Since its 2014 founding, the Seattle-based studio has raised $40 million, backed 32 companies, and offers funding and advisory services to early-stage startups.
DexCare, Providence spinout led by CEO Derek Streat, raises $50M to expand patient-access platform
Seattle health-tech startup DexCare, spun out of Providence’s digital innovation group, raised $50 million to accelerate platform development and go-to-market expansion; its software manages health system capacity and patient appointment booking and is used by Providence, Kaiser Permanente, Mass General Brigham, Houston Methodist and others. The round follows a $20 million raise last March and was led by Transformation Capital, whose managing partner emphasized patient competition as a major hospital issue in 2022.
GeekWire revises GeekWire 200: firms >15 years old and majority PE-owned ineligible, rankings shift to quarterly in 2022
GeekWire is changing the criteria for its GeekWire 200 startup rankings: beginning in 2022, majority private-equity-owned companies and companies 15 years or older will be ineligible, and the index will move from monthly to quarterly updates, which will reshape the top ranks including removing Blue Origin.
Truveta launches early health-data platform, signs Ochsner, Saint Luke’s and UnityPoint; funding nears $200M
Seattle startup Truveta launched an early version of its health data platform, added three provider partners and now says it has raised nearly $200 million in funding to aggregate clinical data across systems.
Xealth, a Providence Spinout, Raises $24M to Expand Digital Health Platform and Workforce
Seattle-based Xealth, a Providence spinout that helps more than 20 hospital systems prescribe and monitor digital health tools, raised $24 million in new funding to expand its platform and double its 55-person workforce. The company integrates with major electronic health records, licenses its platform to hospital systems, and has onboarded services from over 50 digital health vendors.
Madrona Venture Labs raises $8M and turns investors like Spencer Rascoff into co‑founders of spinouts
Madrona Venture Labs has raised $8 million for its fourth fund and introduced a model that makes investors — including Spencer Rascoff, Julie Larson-Green and Elena Donio — co-founders, board members, and advisors of its spinouts to attract talent and accelerate startup formation. Founded in 2014, the Seattle-based studio has spun out more than a dozen companies, including recent spinouts Zeitworks, Simplata, and Stratify.
Madrona Venture Labs Raises $8M Led by Madrona, Adds Former CEOs and Operators as Investors
Madrona Venture Labs (MVL), the incubation arm of Madrona Venture Group, has raised $8M with Madrona leading the round and brought on a roster of experienced operators and former CEOs as investors to help build spun-out companies. MVL will continue partnering closely with Madrona’s investment professionals on startups like Stratify and Strike Graph as it expands its incubation efforts.
GeekWire opens voting for 2021 Startup CEO of the Year with five finalists including OctoML, Syndio and WhyLabs
GeekWire is running community voting for its 13th annual GeekWire Awards, featuring five finalists for Startup CEO of the Year: Luis Ceze (OctoML), Maria Colacurcio (Syndio), Mike McSherry (Xealth), Ray Meiring (Qorus Software) and Alessya Visnjic (WhyLabs); voting closes April 30 and winners are announced May 20 at a virtual event.
DexCare, spun out of Providence, raises $20M to scale patient access platform; Define Ventures leads round
Seattle health‑tech startup DexCare, spun out of Providence’s Digital Innovation Group, raised $20 million to expand its access-optimization platform that routes patients to appropriate care and integrates with health systems. The 25-employee company, led by CEO Derek Streat and CCO Sean O’Connor, saw increased usage during the pandemic and counts customers like Community Health Network and Houston Methodist.
DexCare announces oversubscribed $20M Series A led by Define Ventures to deliver first digital-care operating system (Mar 22, 2021)
DexCare, a new digital health company spun out of Providence and launched by Derek Streat and Sean O'Connor, announced an oversubscribed $20 million Series A on March 22, 2021, led by Define Ventures with participation from Frist Cressey Ventures, Kaiser Permanente Ventures, SpringRock Ventures and Providence Ventures.
SBA Reveals Seattle Tech Startups Received Millions in PPP Loans Including ExtraHop’s $10M and Rover’s $8.1M
The Small Business Administration released detailed data on Paycheck Protection Program loans, revealing Seattle-area tech startups like ExtraHop and Rover received between $5.4 million and $10 million to support payroll during the COVID-19 crisis. The PPP distributed $525 billion across over 5 million loans before ending in August amid issues with loan forgiveness and fraud.
Xealth partners with Cerner as Cerner invests $6 million to scale digital health prescriptions amid COVID-19
Seattle startup Xealth announced a partnership with EHR vendor Cerner and received a $6 million investment from Cerner (with participation from LRVHealth) to help hospitals rapidly adopt digital health tools accelerated by COVID-19.
Health Tech: Disrupting healthcare from the inside
Tech is all about disruption. Healthcare is about slow and steady change. How do you merge those worlds? For Mike McSherry and Mary Haggard, the answer was to innovate form the inside out. Mary runs Providence St. Joseph Health's startup incubator and Mike is the founder and CEO of Xealth, its first spinout. We hear about their work to change the healthcare system from the inside on this live Health Tech episode. Thank you to our sponsor, Providence St. Joseph Health’s Digital and Innovation Group. Follow them at twitter.com/provinnovation See omnystudio.com/listener for privacy information.
People
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Aaron Sheedy Founder, Co-founder, Co-founder and COO
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Mike McSherry Executive, CEO Xealth (a Samsung Company)
