With COVID-19 causing employers and health systems to look for ways to keep care costs down, a local startup has received new funding to accelerate its pandemic growth.
Dallas-based MediBookr, a population health engagement service platform, announced closing a bridge round of funding. While the amount of funding and investor names were undisclosed, the round brings the startup’s total to $3.3 million.
"Healthcare is challenged with traditionally a fairly poor patient experience which has a lot of downstream impact to the bottom line of almost all constituents involved. Underlying drivers are a general lack of transparency, too many gaps and fragmented solutions," said Sunny Nadolsky, MediBookr founder and CEO, in a statement. "We are very excited to have partners that support our mission to improve outcomes and lower costs through solutions which result in better engagement and appropriate access."
Launched in 2015, MediBookr’s technology helps employees and employers synchronize and personalize health care benefits by aggregating demand for health services.
Nandolsky, a Dallas Business Journal 2020 Women in Technology Award winner, was also the co-founder of former local startup KooLocal.com and is a mentor and investor with Health Wildcatters, which is also a backer of MediBookr.
Prior to the recent funding, MediBookr had raised a $675,000 seed round in 2018.
“The silver-lining of this pandemic for us is that the demand for our digital patient engagement solutions, including telehealth and navigation solutions, has greatly increased,” Nandolsky told NTX Inno via email.
The pandemic has accelerated demand for Medibookr’s technology, Nandolsky told the Dallas Business Journal earlier this month. And with the bridge funding, it is looking to grow. The startup currently has a team of 14 and has five positions for things like a customer success manager, UX/UI designer and software engineer listed on its website.
Medibookr also plans to use the new funding to help expand its digital platform.
“I look forward to seeing how their solutions can change healthcare for the better as they expand to meet the high demand nationwide," said Kishore Khandavalli a local founder and MediBookr board member who led previous funding rounds for the company, in a statement.
