Kno2, a Boise, Idaho-based startup developing ways for healthcare systems to communicate with each other, has raised $15 million in new funding.
The Series A funding round was led by Seattle-based Providence Ventures, the investment arm of Providence, the largest health system in Washington state, along with Health Enterprise Partners. Providence Ventures manages about $300 million in venture capital and has backed multiple companies aiming to improve healthcare.
Kno2’s software eases the confidential transmission of patient information between healthcare providers, which can be clumsy and time-consuming and still often relies on faxing.
“Kno2 is all about interoperability. We allow providers to connect to multiple methods of exchange all in one single location,” and eliminate faxing, according to a video on the company’s website.
The company’s technology starts with its electronic secure fax system, which enables Kno2 to analyze connectivity and streamline communication with other providers. For instance, Kno2 can identify whether linked providers belong to the CommonWell Health Alliance, which standardizes health communication protocols, or other compatible systems. Providers can then switch to more direct communication methods, such as querying for patient records via direct message, through the Kno2 system.