Minnesota EMR Tech Startup Binary Bridge Is Raising Half A Million

Bloomington-based Binary Bridge is raising half a million dollars in a convertible note with $220k already claimed per SEC disclosure.

Formed in 2016 by Minnesota tech entrepreneur Lori Most — Binary Bridge’s flagship hardware + mobile software product is called BackpackEMR that was brought to market a year later:

“Medical teams currently use paper forms to track their patients when bringing aid to developing countries. Local, rural clinics have similar issues where they fill out a form or just do not track their patients’ visits at all. Governments of developing countries are pushing for digital tracking to provide health metrics to determine causes of preventable diseases and death.

We can help both groups to see more patients, save money, validate impact, and provide better care with a portable, rugged, EMR (electronic medical records) that functions in low-resource, remote environments w/o consistent access to the internet.”

Most says that the funds are for product development, sales and marketing; Linkedin shows eight individuals now affiliated with the company, including new key hire and product leader Dave Bernardy.

In terms of customers and traction, she notes that 11 distinct organizations across 9 countries, including the largest NGO in Haiti, are using Bacpack EMR now resulting in “nearly 100k in signed contracts.”

The round is being led by Southwest Angel Network (Austin), including Jake Pederson from Flourish Collective , two software engineer advisors from Snapchat,  and several other “amazing individual supporters from MN and IL.”