@texoventures.com
TEXO Ventures is an early-stage healthcare venture capital firm in Austin, TX dedicated to investing in and building innovative healthcare companies.
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TEXO Ventures is an early-stage healthcare venture capital firm located in Austin, TX. They are dedicated to investing in and building innovative healthcare companies. With a mission to redefine the healthcare industry, TEXO Ventures partners with audacious entrepreneurs who have the vision to address the persistent pain within healthcare.
By leveraging advances in technology and business models, they seek to decrease utilization, increase access, improve quality, and reduce the cost of care. Recognizing the alarming statistics in the healthcare industry, such as 75% of healthcare expenditure in the US being due to chronic disease, TEXO Ventures is committed to bringing about change. They focus on the business of healthcare, specifically on innovative companies operating at the convergence of Health IT and Health Services.
These technology-enabled health services often implement recurring revenue models and require less capital to commercialize, making them highly scalable. One example of TEXO Ventures' innovative portfolio company is OpenMarkets. This scalable, SaaS-based purchasing platform offers price transparency to providers for a wide range of equipment.
By aggregating capital equipment needs across their network of providers, OpenMarkets helps control costs without disrupting existing supplier relationships or purchasing protocols. TEXO Ventures is at the forefront of driving innovation in the healthcare industry, striving to create a future of high-quality, affordable healthcare for all
Company Type
Privately Held
Company Size
2-10
Year Founded
2009
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