Startups

StartUpdates: New Developments for Healthcare Startups

Check out news from Alpha Sophia, Wisedocs, Swift Medical, and Isaac Health.

Introducing the relaunched website www.alphasophia.com! Alpha Sophia now offers an expanded range of product insights, in-depth medtech industry analysis, and informative content. Alpha Sophia is your go-to commercial intelligence solution for MedTech startups and small to medium-sized businesses. The Alpha Sophia platform enables precise healthcare provider targeting through advanced filtering and cross-filtering across multiple dimensions.


Wisedocs, machine learning software-as-a-service for medical record review, indexing, and summarization has raised $9.5 million ($12.7 million in Canada) in an oversubscribed Series A round. Information Venture Partners, an early stage b2b fintech investment firm led the round with Thomson Reuters Ventures and ManchesterStory.

The funding will be used to expand the Wisedocs team, product and sales to position it for expansion in the U.S. market. The company marked two years since it opened U.S. operations in 2022.

“The claims ecosystem has long remained a siloed and slow-moving machine,” said Connor Atchison, Founder and CEO of Wisedocs, in a press release. “With the improvements in automation, intelligence, and centralization that Wisedocs enables, the claims process will be an efficient experience for companies, team members, and claimants alike.”

To learn more, click here.


Swift Medical, a digital health company for wound care providers, has closed an $8 million round of financing co-led by current investors BDC Capital’s Women in Technology Venture Fund and funds managed by Virgo Investment Group, according to a press release.

“This financing enables us to expand our reach and enhance our technology, further revolutionizing wound care and impacting patient care,” said Brian Litten, Swift Medical CEO.

To read more, click here.


Isaac Health, a digital health company focused on brain health, has completed an oversubscribed $5.7 million Seed round. Meridian Street Capital and B Capital led the round with participation from Primetime Partners, Co-Found Partners, VU Venture Partners, and AirAngels, according to a press release.

The company wants to improve access to constrained brain health services by partnering with health systems and payers to screen, diagnose, treat, and manage people with neurological conditions such as dementia.

To read more, click here.

Photo: Yuri_Arcurs, Getty Images