Fresh Capital

DrChrono Closes $2.8 M. Round Led by Yuri Milner

DrChrono with Y Combinator founder Paul Graham. From left to right: Michael Nusimow, Mr. Graham, Katelyn Gleason and Daniel Kivatinos.

Drchrono, the company that is working to get more doctors using easy tools on the iPad and in the cloud, just announced a $2.8 million round of funding led by Yuri Milner. The Russian tech mogul must really like these guys! Mr. Milner invested just over $1.2 million in Drchrono’s seed rounds back in July and August; now he’s recruited Google’s search guru Matt Cutts as an investor. Betabeat interviewed Drchrono’s Daniel Kivatinos back in May, while the company was stilling finishing up the Y Combinator program. “Investors in Silicon Valley are the best you can find. If they see amazing ideas, they will move fast to cultivate that idea but invest if they can,” he told us at the time. Drchrono makes iPad apps for doctors to handle things like billing and patient check-in.

Med-Tech

Dr. Chrono Adds Another $650K From Yuri Milner’s Personal Account

The Dr. Chrono team with Y Combinator's Paul Graham.

New York born, Y Combinator-bred Drchrono, a tablet app for doctors, just added another big name investor to its cap table. Russian billionaire Yuri Milner has invested $650,000.

As Adrianne Jeffries wrote about Drchrono when they raised $675,000 back in July:

Drchrono started in New York almost three years ago with the goal of bringing the same principles of good design that rule companies like Square and Mint to electronic medical records. After a stint in the Rose Tech Ventures incubator, founders Daniel Kivatinos and Michael Nusimow skipped coasts to join Y Combinator. “The alumni of YC is a really powerful network,” Mr. Kivatinos told Betabeat in May, and right he was: The start-up just raised a $675,000 seed round from a dazzling line-up of investors including General Catalyst, Charles River Ventures, 500 Startups, Gmail creator and FriendFeed co-founder Paul Buchheit, Google’s Principal Engineer Matt Cutts, and the Start Fund (made up of investments from Yuri Milner and SV Angel).

Mr. Milner must have liked what he was seeing, because he went back in for a double dip out of his personal account. Drchrono hopes to make an iPad as standard issue in a doctor’s waiting room a beat up clipboard and germ ridden copy of last August’s Cosmo.

Fresh Capital

New York-Born, Y Combinator-Bred Drchrono Raises $675K to Get Doctors on the iPad

DrChrono with Y Combinator founder Paul Graham. From left to right: Michael Nusimow, Mr. Graham, Katelyn Gleason and Daniel Kivatinos.

Drchrono started in New York almost three years ago with the goal of bringing the same principles of good design that rule companies like Square and Mint to electronic medical records. After a stint in the Rose Tech Ventures incubator, founders Daniel Kivatinos and Michael Nusimow skipped coasts to join Y Combinator. “The alumni of YC is a really powerful network,” Mr. Kivatinos told Betabeat in May, and right he was: The start-up just raised a $675,000 seed round from a dazzling line-up of investors including General Catalyst, Charles River Ventures, 500 Startups, Gmail creator and FriendFeed co-founder Paul Buchheit, Google’s Principal Engineer Matt Cutts, and the Start Fund (made up of investments from Yuri Milner and SV Angel). Read More

The Third Degree

Across Time Zones with DrChrono’s Daniel Kivatinos

drchrono team

Drchrono is a dynamic medical company that provides the core electronic health recordplatform, scheduling, patient reminders and billing system that every practice needs,” the site says. In short, the Silicon Valley start-up founded in New York 2 1/1 years ago is building technology for doctors that takes advantage of the mobility and efficiency of the iPad. Founder Daniel Kivatinos answered some questions for Betabeat about the medical industry and the Y Combinator accelerator program. Read More