Minneapolis health tech venture RedBrickHealth raising $18m

RedBrick HealthMinneapolis health engagement tech venture RedBrick Health is raising a later stage of financing to the tune of $18m with $7.5m closed according to a SEC disclosure.

Founded in 2006, RedBrick has created an enterprise grade platform that blends consumer-facing personalization with social engagement, financial clarity and connected devices.

A year ago this month, RedBrick landed $15m, followed by a move to 510 Marquette in order to accommodate hiring growth.  If this latest offering is completed, the company will be approaching $100m in capitalization.  After stepping in 2011, CEO Dan Ryan has an express interest in steering RedBrick to the public markets.

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