Validic lands $12m in new financing raise


Validic, a digital health and remote care firm, has scored $12m in a financing round headed by Kaiser Permanente Ventures.

The round also saw participation from Arkin Digital Health, Green Park & Golf Ventures, Ziegler, Gore Range Capital, Greycroft Partners and SJF Ventures.

Validic claims its platform is the only remote care and chronic condition management solution on the market that can easily scale to entire populations without additional staff or resources because its clinical workflow integration gives providers access to remote care data and clinical escalations without changing how they work.

The company will use the newly raised capital to continue investing in its digital health and remote care platform, which has set the standard for EHR integration of digital health data alongside existing clinical data within the clinician workflow, ensuring the most complete and up-to-date patient health data is always available.

Validic CEO Drew Schiller said, “With the rapid growth of digital health technologies, people expect a more personalized, engaging and convenient experience with healthcare providers.

“Blending in-person and virtual care modalities, as well as incorporating personal health data and devices into the standard of care, enables greater collaboration, better care, improved patient satisfaction, and care team efficiency.

“Validic’s proven remote care technology and infrastructure make this an easy and seamless experience for providers and patients, and can be deployed on a national scale. We are incredibly fortunate to have investors like Kaiser Permanente Ventures and others who share our mission of improving the quality of human life by making personal data actionable.”

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