Geneva Healthcare has raised $1.83 million in its first round of financing, led by high net worth individuals including cardiologists, physicians and successful technology entrepreneurs. With this new money, the developer of a technology platform for managing data from cardiac devices will expand its reach to hospital systems and healthcare networks nationwide.
“Hospitals are seeing a great return on their investments with Geneva, and we need to get that message out even more aggressively,” said Kai Worrell, co-founder and CEO of Geneva Healthcare. “This funding will allow us to advance the development of our software and to grow our sales force.”
In fact, a recent study presented in the Academic Emergency Medicine Journal found The Geneva Healthcare Suite cut the average waiting time by 92 minutes at the UC San Diego Emergency Department.
Since its inception in 2011, Geneva Healthcare has focused on implementing the Geneva Healthcare Suite in key hospitals throughout Southern California, collecting data and measuring the value.