Emerging Industries | Startups
Co-founder and CEO
Redox | Madison
After five years working for health care tech giant Epic Systems, Luke Bonney co-founded his own health care data platform company, Redox, in 2014. Today, Madison-based Redox is recognized as one of the most successful startups in the state. The digitization of health care has helped drive usage of the platform, which allows health care organizations and technology vendors to connect to Redox once and then authorize what data they send and receive from partners through a centralized hub. Redox markets its focus on developer experience, consistent data model and nationwide network as distinctions of the platform.
In 2021, the startup raised $45 million in a Series D funding round led by private equity firm Adams Street Partners, with funding to date topping $95 million. The latest funding round is being used to “accelerate product innovation, hire new talent, and meet widespread demand for its health data integration platform,” the company said in a news release.
Redox says more than 2,000 health care organizations and 350 health care software vendors use its platform to exchange and integrate more than 25 million patient records per day across more than 90 electronic health record systems. Earlier this year, Redox expanded into Canada.
Education: Bachelor’s, Cornell University