Proskriptive has raised $400K seed round funding, with plans to use the money to accelerate development of its Wellness Automation Platform. The company’s technology applies machine learning capabilities to healthcare data in order to prescribe high impact / low cost interventions for patients prior to the need for hospitalization or readmission. The funding came as a combination of equity and debt from investor Brian Seaberg and Zion’s Bank.
“A major challenge today across the healthcare supply chain is quantifying and managing risk,” said Brian Seaberg, lead Series A investor. “Proskriptive’s Wellness Automation predictive platform (SaaS) enables organizations in the healthcare supply chain to stay ahead of their risk and manage outcomes. The results are healthier populations and profitability across the supply chain.”
Dannea Aylsworth, a commercial relationship manager in Zions Bank’s Women’s Financial Group, together with Sheila Spangler and Karen Appelgren of the Business Resource Center at Zion’s were the ones who worked with Proskriptive to secure the loan. “We’re proud to support Proskriptive as they leverage technology to bring innovation to the health care system,” they said.