24 Oct Brightstar invests in Moxe Health
BrightStar Wisconsin Foundation Inc. said Monday it has invested $250,000 in Moxe Health, a Madison maker of software that makes it easier to transfer clinical and claims data for use in analytics.
Moxe Health said in October it had raised $5.5 million from an investor group led by Safeguard Scientifics, a publicly traded venture-capital company based in Radnor, a Philadelphia suburb. Dan Wilson, Moxe’s chief executive officer, is one of a growing number of startup founders in Madison who came out of Epic Systems, a large Verona-based electronic medical records software maker.
“Moxe has designed the ‘pipes’ that clinical and demographic information travels through that allow for more efficient data transfer between providers and payers,” said Todd Sobotka, BrightStar’s portfolio manager. “The company’s product is being used around the country, bringing a newfound efficiency to our health care system.”
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