Health technology startup Cureatr had received a USD5.7 million investment in its first round of financing. The investment Cureatr received was from round leaders Milestone Venture Partners, Cardinal Partners, with JMI Services, LLC and the Partnership Fund for New York City participating.
The investment round also saw the appointment of Cardinal Partner Managing Partner Brandon H. Hull and Milestone Venture Partner's General Partner and co-founder Todd Pietri joining Cureatr's Board of Directors.
Cureatr's secure messaging solution was catered for doctors who deal with patients' sensitive health data. The solution provided by Cureatr was secure enough that it is compliant with the The Health Insurance Portability and Accountability Act (HIPPA) of 1996. The privacy rule of the HIPAA act provides federal protection over sensitive health information. Started by a Mount Sinai Medical Center resident doctor Joseph Mayer, Cureatr was able to secure an impressive client list including his employer, The New York Eye and Ear Infirmary, Davita HealthCare Partners and Albany Medical Center.
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