Boston Business Journal: New Leaf Ventures invests $12M in electronic health records startup QPID

Boston Business JournalMay 6, 2014

QPID Health, an electronic health records spinout from Massachusetts General Hospital, has received a $12.3 million investment from New Leaf Venture Partners.

Launched last February, the Boston-based startup completed it’s Series A funding in March 2013, which came from Cardinal Partners, Matrix Partners, the Massachusetts General Physicians Organization and Partners Innovation Fund. Today’s Series B funding was supported by all previous investors and led by New York City-based New Leaf.

The company said it will use the investment to accelerate the growth of the company and support wider use of its software, which is designed to work with other EHR programs. The company said that over the course of last year, its first year of commercial operation, it ended the year with 4,000 active clinical users, and grew by another 1,000 in the first quarter of 2014.

Read the full article:  Boston Business JournalMay 6, 2014