VEDA Data Solutions Raises Another $1 Million, Plans Hiring

VEDA Data Solutions closed on its second round of funding in five months.

The startup, which makes a platform to help keep healthcare provider directories accurate, raised $1 million in seed funding, led by New Dominion Angels, according to a statement. Also participating were Riverbend Capital and Vidinovo. That follows a $1 million seed round in the fall, which was also led by New Dominion Angels.

Founded by Meghan Gaffney Buck and astrophysicist/CTO Bob Lindner, the company is seeking to introduce its platform to more health systems and insurers. It updates healthcare directories every 24 hours to make sure data about doctors and providers is accurate, and does not require a dashboard to run. Buck has said that inaccurate data in directories is a pervasive problem, and collectively costs insurers $3 billion.

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