Bethesda-based Mytonomy raises $7M seed round - Technical.ly DC

Growth

Bethesda-based Mytonomy raises $7M seed round

Philips is now an investor in the health IT startup.

Mytonomy is looking to improve the patient experience.

(Courtesy image)

Bethesda cloud-based startup Mytonomy just closed a $7 million Series A funding round, which included a large investment from health tech giant Philips.

Mytonomy, which launched last year, educates patients on upcoming procedures and care on its cloud-based platform.

“Nurses call Mytonomy their virtual assistant,” said Mytonomy CEO Anjali Kataria. “We drive longitudinal patient activation, improve patient, family and staff satisfaction, decrease labor costs, and increase top-line growth by delivering a significantly better, data-driven, personalized patient experience across the entire care continuum.”

Mytonomy delivers personalized pre-procedure, pre-arrival, in-patient, discharge, at home and ambulatory care content to patients throughout their hospital experience.

Rich Wilmot, head of Philips Health Technology Ventures, said Mytonomy has achieved impressive results that improve the patient experience while lowering costs and inefficiencies.

“Their innovative product has strong traction in the market as hospitals achieve very high patient satisfaction from patients who use Mytonomy’s cloud-based patient education system,” Wilmot said. “We look forward to teaming up with Mytonomy to help grow the business, and ultimately forge a productive partnership path for the two companies.”

Other investors include the 120-hospital MedStar Health network, Rocket Fuel cofounder George John and former Facebook and Google executive Gokul Rajaram.

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