Bridge Connector, an integration platform as a service (iPaaS) startup for health care organizations, has raised a $5.5 million Series A round led by Tampa-based Axioma Ventures. The company previously raised $4.5 million, also from Axioma Ventures, in its seed round just two months ago in June.
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Founded in 2017 by David Wenger, previously the president of a marketing firm, the startup is looking to integrate customer-relationship management systems with electronic medical records, billing, lab records, and other data systems for health organizations. Its technology is HIPAA compliant and is “built using AES 256-bit encryption,” per its press release.
Bridge Connector has partnered with health organizations and other companies including Silverline, a Salesforce consulting partner that works in health care. The company is headquartered in Palm Beach, Florida and has offices in Nashville and Knoxville, Tennessee. The company currently has a headcount of 45, with about half in the Nashville office.
The startup will be using its latest funding to expand its sales and marketing efforts to accelerate growth. Further, Bridge Connector plans to more than double its employee base to over 100 by the end of the year, including adding 60 employees to its new Nashville office. It will focus on hiring developers, support staff, and sales representatives.
Health care is one industry where innovation can be both extremely and very slow. With companies like One Medical, Oscar Health, and others, you can schedule an appointment online, meet a doctor on your phone, and have a prescription delivered to your door. But people may still struggle to navigate antiquated systems when changing doctors or seeing a specialist. Startups like Bridge Connector are now looking to automate the administrative backend of the health care space, which can potentially lead to better outcomes for patients (and medical workers) in the future.
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