ReadySet Surgical, a Cincinnati health care IT company that seeks to drive efficiency and compliance within the surgical supply chain, has raised $5.5 million in a Series A financing round led by Cleveland-based JumpStart Inc.’s NEXT Fund. Also participating in the funding round are all of ReadySet’s seed-round investors and new investor North Coast Ventures.
JumpStart Senior Partner Rem Harris will join ReadySet’s board.
ReadySet’s software is designed to create a seamless supply chain between hospitals and medical device manufacturers, generating cost savings for both parties and the patients they serve. The company plans to use the capital to expand sales and marketing, product development and customer success to serve its growing customer base.
“JumpStart’s NEXT Fund was excited to partner with (ReadySet CEO) Keerthi (Kanubaddi) and ReadySet at this important and exciting stage of growth,” Harris stated. “Over the past two years, Keerthi and his team have demonstrated focused execution to develop industry leading solutions and more importantly gain market traction. As a result, the company is well-positioned re-define the existing supply chain model for hospitals and device manufacturers.”