# Rymedi

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

- Industry: Software
- Headquarters: Greenville, US
- Website: www.rymedi.com
- Total disclosed funding: $9M
- Latest round: Series A (Oct 25, 2023)
- Investors on record: 4

## About

Based in South Carolina, US, and founded in 2017 by Chief Executive Officer David Stefanich and Chief Strategy Officer Jason Cross, Rymedi, Inc. operates as a developer of platform to connect with healthcare professionals and data automation for patient testing, treatment, and monitoring. In October 2023, Rymedi, Inc. raised USD 9 million in Series A funding co-led by RW3 Ventures and White Star Capital, with participation from Avalanche VC and Blockchange Ventures. 

Rymedi, Inc. developed a mobile application-based platform for connecting medical professional to customers with rapid collections deployment and automated reporting of test in labs. The company offers blockchain-based architecture ensures secure data management and compliance with privacy and quality standards. It consists of two private blockchains for PII and PHI, creating an encrypted serialized ID on a public blockchain. The platform supports API integrations, customizable data presentation, and rapid deployment. Adaptable workflows simplify the transfer of health records, with a user-friendly interface. Rymedi emphasizes compliance with industry standards, providing tech-enabled services and operational simplicity. The firm automate state reporting to government agencies, ensuring efficient connectivity and data security while reducing administrative burdens. 

The company plans to utilize the October 2023 funding to expand its business reach and enhance its data security and healthcare record accessibility.

## Funding rounds

- Series A, Oct 25, 2023, $9M — White Star Capital, Blockchange Ventures, Blizzard Fund, Raptor Digital

## Investors

- White Star Capital (https://capitalatlas.ai/funds/white-star-capital) — Series A
- Blockchange Ventures (https://capitalatlas.ai/funds/blockchange-ventures) — Series A
- Blizzard Fund (https://capitalatlas.ai/funds/blizzard-fund) — Series A
- Raptor Digital (https://capitalatlas.ai/funds/raptor-digital) — Series A