OneChart Accelerates Growth with New Investment from Ripple Ventures

August 13, 2024

OneChart is thrilled to announce a major boost to its mission of transforming medical charting and administrative tasks. 

Ripple Ventures, led by Matt Cohen, joins OneChart as their newest investors following an investment from Silicon Valley investor Jason Calacanis and Venture Capital fund Launch.co. 

OneChart is poised for growth and their platform is proving extremely beneficial for the healthcare practitioners on many levels in both Canada and the USA. 

As a proud client of The Forge at McMaster University, OneChart is revolutionizing the healthcare industry. Their cutting-edge platform enables accurate medical charts in seconds, slashing the time healthcare professionals spend on charting and administrative tasks by up to 50%. This means more time for patient care and smoother, more engaging appointments.

Shreyas Suri, CEO & Co-Founder of OneChart, and the entire team are looking forward to this next step.

“Matt, Naz, Dom, Katie, and the entire Ripple team have been incredibly supportive since day one. We’ve received really focused advice and expertise when it comes to growing customers, and scaling our platform. We’re very excited to have Ripple join as our newest investors, and now are supported by both Ripple and Launch, which has given us an amazing foundation as we continue to expand” says Suri. 

OneChart has the backing of a stellar lineup of ecosystem supporters, including The Forge, The Clinic @ Mac, Innovation Factory, League of Innovators, Communitech, and the Digital Medicine Society. With guidance from key advisors in medical, engineering, industry, and academic fields, OneChart is set for incredible growth.

The investment from Ripple Ventures who are early investors in Voiceflow, OnCall Health (acquired by Qualifacts), and Wisedocs, marks a thrilling milestone for OneChart. Coupled with support from Launch.co who previously backed Uber, Robinhood, and Superhuman amongst others, the company is primed for remarkable expansion and innovation in healthcare.

“OneChart is ideal for clinics and healthcare institutions as our software helps physicians and other healthcare practitioners cut down time spent on charting and administrative tasks, which allows them to spend more time in front of their patients” says Suri.

Here is how the core technology works: Practitioners simply turn on the system at the beginning of a patient visit to capture the conversation, the OneChart platform uses that context to automatically create structured medical notes in an encrypted and HIPAA and PIPEDA secure manner. After the appointment, OneChart also assists with related tasks, like suggested billing codes, and referral letters. 

Clinicians then review the drafted charts which are easily integrated into any EMR system of choice. OneChart and its approach cuts medical charting time by half and doubles the speed of closing charts, offering a practical solution to one of healthcare’s most pressing inefficiencies.

“We focus on helping practitioners automate their administrative burden through digitization, simplifying the charting and documentation process. What this means is that practitioners who use our platform are able to leverage our AI technology to help save time in a way that is accurate and intuitive … We’re really able to give doctors back more hours in their day with our platform, while helping them stay more engaged with their patients, and we couldn’t be more excited to drive that vision forward” said Suri.

For more information about OneChart and their groundbreaking work, please visit OneChart

About OneChart:

OneChart is on a mission to cut down the time healthcare professionals spend on medical charting and administrative tasks, letting them focus on what truly matters – patient care. Supported by The Forge at McMaster University and many other key partners and advisors, OneChart is revolutionizing the healthcare industry.

About Ripple Ventures:

Ripple Ventures is partnering with early stage founders at day-zero. We invest across two key thesis areas: enterprise software and developer tools, leading pre-seed / seed rounds with high conviction. In addition to capital we play a strategic role in portfolio companies by providing operational guidance across functions like go-to-market, hiring, and fundraising, helping startups grow and scale successfully. 

For media interviews, please contact:
Paul Fitzgerald
Publicist for OneChart & The Forge @ McMaster University
289-795-6176
paul@saltandpeppermediainc.com