Medicom Health Interactive Raising $2.3m For Health & Wellness Software

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Downtown Minneapolis healthtech venture Medicom Health Interactive is raising $2.3m in equity according to a new SEC disclosure filed last week.

Led by Will Sigsbee, the former ApeniMED CEO who was appointed one year ago, the document indicates Cedar Point Capital is acting as the broker.

Medicom develops consumer focused health and wellness assessment applications for hospitals, clinics and other health care systems. Their EVALIA software product line promotes engagement and education to improve patient outcomes and increase provider revenues.

Sigsbee says the company is experiencing 50% year over year topline revenue growth, with revenue approaching $4m this year; just last week Medicom formed a national partership with Boston Scientific.

“Our customers include many of the leading health care systems in the country and collectively, have generated millions of dollars in incremental revenue while improving patient care and satisfaction.”

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