Healthcare administrative hub, Dock Health, has secured $5 million in funding led by MassMutual’s MM Catalyst Fund (MMCF). DaVita Venture Group and initial seed investor August Capital also participated in the funding round. Dock Health plans to use the new funding to expand its platform from a task and workflow management tool to a more powerful automation engine and analytics platform with integrations to promote administrative best practices in healthcare.
The MM Catalyst Fund focuses on supporting companies that address societal challenges, and MassMutual sees Dock Health’s vision of reducing friction in healthcare delivery and improving health outcomes as aligned with its mission. Dock Health aims to alleviate the burden of administrative tasks for healthcare professionals, allowing them to focus more on patient care. The company was originally established within Boston Children’s Hospital’s innovation department and spun out in 2020 to improve collaboration between clinical and administrative aspects of care delivery.
Dr. Michael Docktor, CEO and co-founder of Dock Health, expressed excitement about the funding and the opportunity to enhance the company’s technology and support the needs of healthcare organizations seeking efficient and accountable care. Dock Health experienced accelerated growth during the pandemic, offering APIs and professional services to provide immediate value and facilitate easy adoption for healthcare providers.
Dock Health is headquartered in Great Barrington, Massachusetts, with teams located in various cities across the United States. The company serves customers in different healthcare specialties and settings, aiming to eliminate friction in the healthcare ecosystem and promote sustainable care delivery.
