# Merit Medicine

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/merit-medicine

- Industry: Healthcare IT
- Headquarters: Austin, US
- Website: www.meritmedicine.com
- Total disclosed funding: $2M
- Latest round: Seed (Feb 15, 2024)
- Investors on record: 1

## About

Based in Texas, US, and founded in 2022 by Chief Executive Officer Ali Panjwan, Merit Medicine, Inc. operates as a healthtech-based company providing health technology to self-funded employers, predicting high medical costs, specialty drug utilization, and rare diagnoses. In February 2024, LiveOak Venture Partners led a USD 2 million seed funding for Merit Medicine, Inc.

Merit Medicine, Inc. developed an artificial intelligence-based technology to support self-funded employers and small risk-bearing entities to predict high-cost spending in medical treatment and specialty drug therapies for chronic, complex, and rare diagnoses. The company’s technology offers a variety of features, including return on investment analysis, monitoring and maintaining optimal loss ratios, integration into client’s workflows, and adoption of stop-loss strategies.

## Funding rounds

- Seed, Feb 15, 2024, $2M — LiveOak Venture

## Investors

- LiveOak Venture (https://capitalatlas.ai/funds/liveoak-venture) — Seed