Philly health fund backs VitalTrax to build software for clinical trials

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ImpactAlpha

A $6 million Philadelphia fund launched in December to back local health startups and position the city as a health tech hub has made its first investment.

VitalTrax has developed a mobile app, Wing, to help research teams more easily recruit and communicate with clinical trial patients.

The VitalTrax team is based out of the Drexel University and Science Center incubator, [email protected]

Founder Zikria Syed, raised $26 million for a previous life sciences startup, NextDocs. The seed funding for VitalTrax: $150,000.

The fund is backed by Safeguard Scientifics, Ben Franklin Technology Partners and Independence Blue Cross.

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Photo credit: Photo via Peter Miller / Flickr Creative Commons