For-Profit Arm Of Miami Children’s Health Invests In Clinical Research Tech Venture
The for-profit investment group of Miami Children’s Health System has invested an undisclosed sum in an Atlanta startup that develops clinical research automation technology.
Children’s Health Ventures announced Tuesday that it participated in Aces Health’s most recent fundraising round, which also included venture capital firms from New York, Silicon Valley and Miami.
Miami Children’s Health System is the region’s only health care system dedicated exclusively to children. Children’s Health Venture works to advance innovative health care products and services through investments.
Aces Health is a digital platform for healthcare companies and researcher that captures and tracks patient data and communications to ensure clinical safety.
Children’s Health Venture’s participation in the fundraising round establishes a relationship that will add value to both organizations, said Aces CEO Jordan Spivack.
“We firmly believe that innovation breeds innovation,” Spivack said. “With direct relationships with more than 25 of the largest Clinical Research Organizations and pharmaceutical companies, we are excited to add Miami Children’s Health System and Miami Children’s Research Institute to our cohort.”
Founded in 2015, Aces has raised about $300,000 to date, according to venture capital database Crunchbase.