VEDA Data Solutions closed on its second round of funding in five months.
The startup, which makes a platform to help keep healthcare provider directories accurate, raised $1 million in seed funding, led by New Dominion Angels, according to a statement. Also participating were Riverbend Capital and Vidinovo. That follows a $1 million seed round in the fall, which was also led by New Dominion Angels.
Founded by Meghan Gaffney Buck and astrophysicist/CTO Bob Lindner, the company is seeking to introduce its platform to more health systems and insurers. It updates healthcare directories every 24 hours to make sure data about doctors and providers is accurate, and does not require a dashboard to run. Buck has said that inaccurate data in directories is a pervasive problem, and collectively costs insurers $3 billion.
Around the time the round closed in the fall, Buck won the Vinetta Project’s Venture Challenge after giving her first public pitch earlier in the year, and the company entered an incubator program led by MedStar and 1776.
The team is now at 15 people and looking to grow its dev and UX teams, according to the statement. The company is looking to hire four developers in addition to growing its sales and marketing team at offices in D.C. and Madison, Wisc. (Here’s where to meet them next week). Additional positions are expected to open in March.
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!

20 entrepreneurship, tech and startup events to fill your February

These simple but crucial policy updates could be game-changers for entrepreneurs with disabilities

Tech-related orders and economic reorganizations hit Maryland. Here’s what they mean.
