MADISON – Catalyze.io on Wednesday announced it has closed a
first round of financing.
The Madison-based company, which offers cloud-based technology
to make it easier for developers to create health and wellness
applications, said the round of “Series A” financing was co-led
by Baird Capital’s venture capital group, Arthur Ventures and
There was also participation from the State of Wisconsin
Investment Board, Gener8tor, Angels on the Water and other
The companies did not disclose the amount raised.
According to a statement released, Catalyze.io plans to use the
proceeds from the financing to accelerate the development of its
technology platform. The company has developed a cloud-based
technology platform to simplify and speed up the development of
mobile health care applications for health care payers,
providers and software vendors.
As part of the financing, Don Layden, venture partner with Baird
Capital, and James Burgum, managing partner with Arthur
Ventures, will join the Catalyze.io board of directors.
"We are very excited to partner with Baird Capital given their
significant experience and network within health care," said
Catalyze.io Chief Executive Travis Good. ”The investors bring a
wealth of knowledge and resources that will play a major role in
the future growth of our company."