# Mytonomy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mytonomy

- Industry: Software
- Headquarters: Bethesda, US
- Website: www.mytonomy.com
- Total disclosed funding: $32M
- Latest round: Series B (Jul 12, 2021)
- Investors on record: 7

## About

Mytonomy Inc. is an innovative provider of cloud-based healthcare solutions, focusing on enhancing patient education and engagement through video content and integrated digital tools.Founded in 2011 and headquartered in Bethesda, US, Mytonomy Inc. specializes in healthcare cloud solutions. The company was co-founded by Anjali Kataria and Vinay Bhargava. Mytonomy has successfully raised a total of USD 25.00 mn through its Series B funding round, led by Level Equity, with participation from Philips Venture Capital and Retirement Plan of Carilion Clinic.Mytonomy is a prominent provider of healthcare cloud solutions specializing in video-based patient education and engagement. Their core offering, the Mytonomy Cloud for Healthcare, encompasses various components designed to enhance patient experience throughout the healthcare continuum. This platform includes the Patient Experience Cloud™, which facilitates the streaming of educational video content tailored to specific medical conditions, as well as integration capabilities with electronic health records (EHR) and communication tools such as SMS and email. Mytonomy's solutions aim to address critical issues in healthcare, such as improving nursing productivity, enhancing patient engagement, and optimizing workflows in an environment marked by staff shortages. The company serves a diverse client base, including health systems, ambulatory surgery centers, employers, and universities, with products utilized primarily in the United States and other developed healthcare markets.Mytonomy generates revenue through a subscription-based model, providing their clients with access to their suite of healthcare solutions. This includes partnerships with health systems and providers who utilize Mytonomy’s platform to deliver patient education and engagement resources. Transactions typically involve annual licensing agreements, where clients pay a fee based on the scale of their usage and the specific modules integrated into their workflows. Mytonomy's flagship products, such as the Patient Experience Cloud™ and the Analytics Cloud, are central to these agreements, ensuring clients have access to comprehensive patient education tools and analytics capabilities. The structured revenue model supports continuous updates and enhancements of their services, facilitating ongoing client engagement and satisfaction.Mytonomy plans to leverage the recent funding of USD 25.00 mn obtained during the Series B round to support the development of new products aimed at enhancing patient engagement. The company is also targeting expansion into additional geographic markets to broaden its client base. Furthermore, with a strategic focus on increasing its service offerings, Mytonomy aims to enhance its market presence in the healthcare sector by 2024.

## Funding rounds

- Series B, Jul 12, 2021, $25M — Level Equity, Retirement Plan of Carilion Clinic, Philips Health Technology Ventures
- Series A, Nov 29, 2017, $7M — MedStar Health Pension Fund, Philips Health Technology Ventures
- Seed, Apr 19, 2013 — Kapor Capital, NewSchools Venture Fund, Ananda Impact Ventures

## Investors

- Kapor Capital (https://capitalatlas.ai/funds/kapor-capital) — Seed
- NewSchools Venture Fund (https://capitalatlas.ai/funds/newschools-venture-fund) — Seed
- Ananda Impact Ventures (https://capitalatlas.ai/funds/ananda-impact-ventures) — Seed
- MedStar Health Pension Fund — Series A
- Philips Health Technology Ventures (https://capitalatlas.ai/funds/philips-health-technology-ventures) — Series A, Series B
- Level Equity (https://capitalatlas.ai/funds/level-equity) — Series B
- Retirement Plan of Carilion Clinic — Series B