News Release
WARSAW — GemViz LLC, a med-tech start-up, announced this week that it has received an investment from Elevate Ventures’ Community Ideation Fund.
The investment will provide GemViz with the necessary resources to further develop its innovative medical software and bring it to market.
Elevate Ventures is an Indianapolis group that has invested more than $150 million into more than 50 different startups.
The CIF is designed to support early-stage companies in Indiana that are committed to making a positive impact on their local community.
GemViz’s selection for the investment is a testament to the company’s dedication to improving healthcare outcomes and its potential to create jobs and stimulate economic growth in the area.
“We are thrilled to receive this funding from Elevate Ventures’ CIF program,” said Mike Cusick, CEO of GemViz LLC.
“This will enable us to advance our technology and bring it one step closer to benefiting patients and healthcare providers. We are thankful for the support available in our community for early-stage start-ups to bring innovative products to market,” he said.
“Our team at KEDCO is excited to see the progress GemViz is making since participating in our MedTech Accelerator Studio last year,” said KEDCO CEO 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 LLC’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 leveraging real-time patient data, this technology can enable healthcare providers to make informed decisions, resulting in 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 LLC’s receipt of the CIF is a significant milestone in the company’s journey toward bringing its solution to market. The company plans to use the award to deliver a functional prototype and engage customers for product insights.
