Reveal HealthTech, a healthcare technology firm, has secured a $4 million seed funding round from W Health Ventures, a leading healthcare-focused VC firm. This marks W Health Ventures’ first investment in healthcare technology services and underscores its commitment to investing in companies that address critical unmet healthcare needs by leveraging technology.
Reveal HealthTech provides cross-functional technology services to healthcare companies, offering engineering, clinical, and strategic support. The funding will be used to scale the company’s operations, hire top talent, and develop technical capabilities to serve the technology needs of its clients in the healthcare industry.
With its headquarters in the US, Reveal HealthTech aims to partner with US-based healthcare organizations to maximize patient health outcomes by leveraging technology in delivering care. The company is actively looking to acquire senior technology talent in India, where it plans to address talent challenges faced by healthcare organizations, including talent identification and selection, a lack of healthcare domain expertise, and high turnover among software teams.
According to Sanchit Mullick, Founder and CEO of Reveal HealthTech, W Health Ventures’ global expertise and focus on the healthtech sector give them an inside track on the challenges faced by the industry and will help accelerate their journey.
Through partnerships with US-based healthcare organizations, Reveal HealthTech will access an available pool of more than 150,000 engineers who have built products for the US healthcare industry. This forms the largest specialized talent pool with US healthcare technology expertise outside of the country.
As healthcare continues to evolve, Reveal HealthTech is poised to become a major player in the industry, revolutionizing healthcare technology services and improving care delivery for patients worldwide.