Fierce Healthcare July 19, 2021
Swift Medical built an app that helps care providers improve wound care and brought in $35 million to scale up its technology.
The Series B investment was led by Virgo Investment Group through one of its managed-investment funds, followed by existing investor, DCVC, who led their Series A and BDC Capital’s Women-in-Tech Fund.
Other participating investors include leading health tech firms Claritas Capital, Chrysalis Ventures, Pender Ventures and Export Development Canada.
The company plans to use the fresh capital to scale its digital wound management platform across the care continuum in North America.
Swift Medical‘s technology is able to capture wound care information by waving the smartphone above the injured site in a “wand-like fashion.” It is also able to...