# Hivext Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hivext-technologies

- Industry: Internet
- Headquarters: Zhytomyr, Ukraine
- Website: www.hivext.com
- Total disclosed funding: $4.5M
- Latest round: Series A (Apr 24, 2012)
- Investors on record: 3

## About

Hivext Technologies specializes in healthcare management and patient engagement solutions, providing innovative telehealth platforms and mobile applications to enhance treatment accessibility and improve patient health outcomes.Hivext Technologies is based in Zhytomyr, Ukraine, and is focused on developing technology solutions for healthcare management. The company has completed 6 deals since its inception and raised a total of USD 2.00 mn. It received funding from Maxfield Capital in September 2013. There is no indication of any significant changes in its business strategy or operations, nor is it noted as a subsidiary or parent company of any other firm. Hivext was founded by individuals who have a history in the technology sector, yet specific details on the founder's previous companies are not available.Hivext’s core offerings primarily revolve around innovative solutions designed for healthcare management and patient engagement, focusing on enhancing treatment accessibility and improving health outcomes. Their flagship products include a comprehensive telehealth platform that enables remote consultations and follow-ups, alongside a suite of mobile applications geared toward medication adherence and health monitoring. These tools aim to address critical challenges such as patient isolation and medication non-compliance, providing users with real-time support and resources. Hivext targets a diverse clientele, encompassing hospitals, outpatient clinics, and individual healthcare providers, while also catering to end users such as patients and caregivers. The company has strategically positioned its products in North America and parts of Europe, where the demand for virtual healthcare solutions continues to rise.Hivext generates revenue through a subscription-based model for its telehealth services, along with direct partnerships with healthcare providers who integrate the company’s technology into their existing systems. Clients typically enter into annual contracts that provide access to the platform, tailored to meet the specific needs of healthcare facilities. Revenue streams are further augmented by additional fees for premium features, including advanced analytics and customized support services. Given its commitment to improving healthcare delivery, Hivext's pricing structure reflects a value-driven approach, aligning costs with the tangible benefits delivered to healthcare providers and patients alike.Hivext Technologies plans to expand its product offerings with new features aimed at enhancing user experience and engagement, although specific upcoming products and release dates have not been disclosed. The company is targeting expansion into additional regions across Europe and North America, with a focus on increasing its market penetration by 2025. The recent funding of USD 2.00 mn raised in September 2013 will support the development of new products and the expansion of marketing efforts in these targeted areas.

## Funding rounds

- Series A, Apr 24, 2012, $2M — Almaz Capital, Foresight Ventures
- Series B, Apr 4, 2012, $2M — Almaz Capital, Foresight Ventures
- Seed, Dec 13, 2010, $0.5M — Runa Capital

## Investors

- Runa Capital (https://capitalatlas.ai/funds/runa-capital) — Seed
- Almaz Capital (https://capitalatlas.ai/funds/almaz-capital) — Series B, Series A
- Foresight Ventures (https://capitalatlas.ai/funds/foresight-ventures) — Series B, Series A