HELIXintel has closed on a $4 million round of seed funding that will support its continued expansion across the U.S.
The Buffalo-based startup helps companies track and maintain their equipment, and also hosts a business-to-business marketplace for equipment purchases.
“This funding is fuel to our already accelerated growth over the past year,” President Michael Mainier said. “This is going to help us expand nationwide, support our engineering efforts and meet our customers’ needs.”
HELIXintel is based in the Incubator@CBLS facility on the Buffalo Niagara Medical Campus. The company has 12 full-time employees and is looking to hire about six more this year.
The round was led by HSB fund of Munich Re Ventures, Stellifi and Lab Ventures. Lauren DeLuca’s Motivate Ventures invested in the company for a second time, as did Green Egg Ventures. Launch NY did not invest in HELIXintel this round but did invest previously.
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