Optimize Health

Optimize Health

Remote patient monitoring for chronic disease

Overview

Optimize Health offers remote patient monitoring (RPM) solutions for chronic disease management to hospitals, clinics, and other medical facilities. It provides a comprehensive suite that includes RPM software, monitoring services, and connected devices, sold through a mix of subscriptions and device sales. How the product works: healthcare providers use the software platform to track patient data remotely, supported by monitoring services and connected devices that collect and transmit health information, with data managed and delivered through a subscription model. How it is different: the company combines software, ongoing services, and hardware into an integrated RPM solution designed to boost patient engagement and improve clinical outcomes, aligning with providers’ workflows and revenue needs. What the goal is: to help healthcare providers deliver better chronic disease care, improve patient experiences, and increase revenue through scalable RPM programs.

About Optimize Health

Simplify's Rating
Why Optimize Health is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise Software

Healthcare

Company Size

11-50

Company Stage

Series B

Total Funding

$37.1M

Headquarters

Seattle, Washington

Founded

2015

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Simplify's Take

What believers are saying

  • Predictive analytics in RPM boosts early warnings, aligning with Optimize Health's capabilities.
  • Value-based care expansion by CMS increases reimbursements for Optimize Health's outcomes.
  • Rising chronic diseases like diabetes expand addressable market for RPM solutions.

What critics are saying

  • Todd Haedrich's departure creates leadership instability, slowing Series B execution.
  • New internal CEO lacks scaling experience, trailing Teladoc and Livongo leaders.
  • Prevencio and Biofourmis win hospital contracts with superior AI predictive analytics.

What makes Optimize Health unique

  • Optimize Health delivers RPM platform preventing episodic events via proactive data insights.
  • Subscription model combines software, monitoring services, and connected devices for providers.
  • Seattle-based firm raised $18M Series B in October 2023 from Foundry and Escalate.

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Funding

Total Funding

$37.1M

Below

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Paid Vacation

Paid Sick Leave

Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

0%

2 year growth

2%
The Business Journals
Mar 18th, 2024
Optimize Health promotes new CEO from within

He is replacing Todd Haedrich, who left Optimize Health last month after leading the company for more than two years.

VCCircle
Jan 30th, 2024
Electrifi Mobility, Optimizers raise early-stage funding

Optimizers Healthcare startup Optimizers has secured an undisclosed amount in seed funding led by Finvolve.

Profit By RPO
Nov 8th, 2023
12 Tips to Optimize and Write Your Resume with Chat GPT

12 Tips to Optimize and write Your Resume with Chat GPT.

VC News Network
Oct 18th, 2023
Optimize Health, a Seattle-based startup, secures $18.6 million in funding to enhance its telehealth software

Seattle-based startup Optimize Health successfully secured $18.6 million in a Series A funding round.

Life Science Washington
Oct 17th, 2023
Seattle startup Optimize Health lands $18.6M to boost remote care software

Seattle-based Optimize Health completed its $18.6 million Series B funding round, which was led by Foundry and Escalate Capital Partners.

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