Censinet has raised $7.8 million in Series A funding to accelerate the transformation of third-party risk management in healthcare. Co-led by HLM Venture Partners and Cedars-Sinai Health System, this investment will expand the capabilities of the Censinet Platform and drive its adoption among healthcare providers.
Key Article Points:
Censinet raised $7.8M in Series A funding, co-led by HLM Venture Partners and Cedars-Sinai Health System.
The funding will enhance the Censinet Platform’s vendor risk management capabilities and scale its market presence.
The Censinet Platform is the first third-party risk management solution designed exclusively for healthcare providers.
Key features include real-time risk intelligence, automation, and a focus on improving patient care and cybersecurity.
Learn more about how Censinet is transforming third-party risk management for healthcare providers by visiting Censinet’s website.
The $7.8M funding will support the expansion of the Censinet Platform’s capabilities and scale its go-to-market operations.
The Series A funding was co-led by HLM Venture Partners and Cedars-Sinai Health System, with additional support from Schooner Capital, LRVHealth, and Excelerate Health Ventures.
The Censinet Platform is a third-party risk management solution designed exclusively for healthcare providers, offering tools like real-time risk intelligence and automated vendor assessments to streamline risk management processes.
The funding will enable the platform to enhance its vendor risk management capabilities, improve cybersecurity features, and expand its adoption among healthcare providers.
Healthcare providers face significant risks from third-party vendors, including cyber threats, compliance challenges, and disruptions to patient care. Censinet’s platform addresses these by automating processes and providing real-time updates on vendor risks.
Visit Censinet’s website for more information.