Healthcare marketplace Medxoom raises $8 million

Atlanta-based Healthcare marketplace platform Medxoom has raised an additional $8 million in venture capital from strategic industry investors. The funding round was led by Castellan Group, with participation by existing investors Las Olas VC and TTV Capital, as well as additional participation from healthcare tech and venture communities.

Medxoom offers its white-label platform to plan administrators, payers, and healthcare systems to improve member engagement, care selection, and payments experiences.

“We’re pleased with our progress in the ecosystem; it’s great to be able to help progressive plan leaders and administrators integrate their offerings into a cohesive experience. Our clients want their members to receive a curated marketplace experience focused on quality and cost containment . The era of a functioning Healthcare Marketplace in the US continues to progress; we’re pleased Medxoom’s platform and payments technologies help deliver their needs.” – Jeff Toewe, Medxoom CEO and Founder.