Swift Medical completes fundraising
By HME News Staff
Updated 10:21 AM CST, Mon January 29, 2024
TORONTO – Swift Medical, a digital health technology company serving wound care providers, has closed on an $8 million round of financing co-led by current investors, the Women in Technology Venture Fund at BDC Capital and funds managed by Virgo Investment Group. Swift Medical, which uses artificial intelligence to improve clinical and economic outcomes in chronic and acute wound care, has earmarked the financing to accelerate its pace of technology enhancements. “Swift has built a market leading wound care tool that improves outcomes for patients and streamlines the busy workflows for providers,” said Brian Litten, CEO of Swift Medical. “We are delighted to have the support of our existing and new investors. This financing enables us to expand our reach and enhance our technology, further revolutionizing wound care and impacting patient care.” Swift Medical plans to deliver significant enhancements to its platform in 2024, including enhanced data security, improved interoperability and enhanced device capabilities. These initiatives aim to elevate the customer experience and drive excellence in health care technology, the company says. "Swift Medical is transforming the standard of wound care," said Dwayne Sansone, managing director, Virgo. "We are excited to continue of partnership with Swift to drive positive change in the digital wound care space."
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