Analytics Vendor Raises $12 Million

Data analytics firm MedVentive Inc., serving providers and payers, has raised $12 million in a funding round from new and existing investors.


Data analytics firm MedVentive Inc., serving providers and payers, has raised $12 million in a funding round from new and existing investors.

New investors include National Healthcare Services, the investment arm of MemorialCare Health System in California; and CHV II, L.P., an investment fund formed by Ascension Health, Catholic Health Initiatives, Catholic Health East and Catholic Healthcare West.

Existing investors participating in the new round include CHV Capital, Core Capital Partners, Excel Venture Management, HLM Venture Partners and Long River Ventures.