bttn., a Seattle, WA-based healthtech startup, closed a $5M add-on to its seed funding.
The round was led by Fuse.
The company intends to use the funds to expand technology, sales, and operations teams to further expand and refine the platform, foster additional partnerships, and extend its customer base.
Bttn. provides a B2B E-commerce platform for medical supply procurement
is solving critical supply chain issues such price volatility and constrained access to medical supplies, while rapidly onboarding customers and expanding to all healthcare providers across the country.
The COVID-19 pandemic has exposed the inefficiency and fragility of the medical supply chain. bttn. created a digitized and efficient solution to address the frustration associated with these challenges — price gouging, lack of supply, and arduous order fulfillment processes. bttn.’s software recognizes nationwide buying trends and offers real time access to a variety of products with price and supplier discovery wherein customers recognize savings between 20-40% on their medical supply bills by leveraging scale to improve purchasing power. Additionally, procuring supplies through the B2B E-commerce platform streamlines ordering with an intuitive order interface that retains order information as well as offers real-time shipment tracking.
“The current medical supply industry is like the housing market prior to Zillow – opaque, analog, and slow moving. bttn. provides a service that is the complete opposite, a B2B wholesale purchasing experience that is crystal clear and customer-centric,” said Brendan Wales, General Partner at FUSE. “They are fearlessly challenging the status quo and disrupting an archaic system. As a result, they are onboarding customers faster than any marketplace I have invested in throughout my career.“
Led by JT Garwood, CEO & Co-founder, bttn. is a developer of technology solutions for healthcare customers. The company automates purchasing of medical supply at direct-from-manufacturer prices. Additionally, bttn. provides market based data reports to customers to promote market transparency.
bttn. has quickly closed in on $1m in revenue while boasting more than 400 customers, multiple government contracts, and participation from some of the nation’s largest healthcare systems. To date, the company has served 20 healthcare associations including the Washington State Community Health Association and Homecare & Hospice Association of Utah.
FinSMEs
19/08/2021