Med-Tech Startup GemViz Receives Investment
WARSAW — GemViz LLC, a med-tech startup, announced Tuesday, March 28, that it received an investment from Elevate Ventures’ Community Ideation Fund. The investment will provide GemViz with the necessary resources to further develop its medical software and bring it to market.
The Community Ideation Fund is designed to support early stage companies in Indiana that are committed to making a positive impact in their community.
“We are thrilled to receive this funding from Elevate Ventures’ CIF program,” said Mike Cusick, chief executive officer of GemViz. “This will enable us to advance our technology and bring it one step closer to benefiting patients and health care providers. We are thankful for the support available in our community for early stage start-ups to bring innovative products to market.”
“Our team at Kedco is excited to see the progress GemViz is making since participating in our MedTech Accelerator Studio last year,” said Kedco Chief Executive Officer Alan Tio. “We will continue to work alongside partners like Elevate Ventures to identify tools in our economic development toolbox to support the company’s plans moving forward.”
GemViz’s platform is designed to integrate all available patient data sources and has the potential to improve diagnostic accuracy and optimize treatment plans. By driving patient engagement and using real-time patient data, the technology can enable health care providers to make decisions for better clinical outcomes and improved patient satisfaction.
“Gemviz is enhancing the physician’s understanding of the patient, driving better interactions, diagnosis, and outcomes,” said Dan Meek, entrepreneur-in-residence for Elevate Ventures.
GemViz plans to use the award to deliver a functional prototype and engage customers for product insights.