Posted on Business First, Jun 18, 2013
Edumedics LLC recently received major financial commitments from three Kentucky investment funds.
Edumedic was started in 2010 by two Louisville health care professionals who recognized that employees with chronic diseases such as hypertension and high cholesterol typically account for up to 70 percent of a business’s medical costs.
The company helps clients manage the health of employees with chronic diseases.
Its recent financial commitments include $200,000 from the University of Louisville Foundation, $150,000 from Kentucky Science & Technology Corp. and $150,000 from Commonwealth Seed Capital LLC.
So far, the Louisville-based business has raised $1.5 million in capital.
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