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Framington Utah based Udo LLC Raises $20 Million, Launches New Video-based Healthcare Collaboration App

Framington Utah based Udo LLC Raises $20 Million, Launches New Video-based Healthcare Collaboration App

November 1, 2021 Craig Etkin

Framington, Utah – Udo LLC (www.udo.com), one of the newest and fastest-growing tech companies in Utah, today announced the official launch of its new video-based healthcare collaboration app. The company also announced initial funding of $20 million from a network of private investors, many of whom are associated with the healthcare industry. The initial funding will be used to scale the company’s first product, Udo Care. Udo Care is a HIPAA-compliant, video-based mobile app that allows providers to interact directly with their patients. Patients can also add their family members or loved ones to the conversation. This technology also allows providers to communicate and collaborate seamlessly with other providers, with additional context to make faster, better decisions for the patient. Udo Care will improve communication and efficiencies in healthcare and create better outcomes of care for the patient.

“Udo Care is intended to universally collaborate across all healthcare sectors, industries, and institutions, emphasizing the importance of connecting people in the moments that matter most. This empowers providers with immediate access to the most relevant information, in context, to ensure better patient outcomes.” —Udo Co-Founder and Chief Product Officer, Dr. S. Ryan Facer.

Earlier this month, the Governor’s Office of Economic Opportunity awarded Udo with tax incentive credits totaling $2.87 million over the next five years, showing their confidence in Udo’s potential to bring job growth and economic opportunities to Utah.

Danny Frasure, co-founder and CEO of Udo and Ryan Facer, co-founder and chief product officer, cut the ribbon at the company’s new headquarters in Farmington. The company company plans to add 300 jobs over the next five years.

“This expansion is a big win for Davis County,” said Dan Hemmert, the Office of Economic Opportunity’s executive director. “Udo will add to Utah’s growing health tech sector, creating jobs for engineers, copywriters, and more. We wish Udo success as they continue to grow.”

Danny Frasure, Udo Co-Founder and CEO, notes the exceptional speed of Udo’s progress since its inception. “Udo is progressing rapidly, even by Utah’s technology standards. We intend to create as much benefit for the Utah community and economic ecosystem as we possibly can. This commitment of support from the Governor’s Office of Economic Opportunity will be a significant aid to our ability to reach our highest potential, while maintaining our company headquarters in Utah.”

About Udo LLC

Udo is a privately held communications technology company nestled among the Wasatch Mountains in Farmington, Utah. Udo has created a HIPAA compliant, video-based technology that connects providers directly to their patients in a new and unique way. Patients can also invite their friends and family members to participate in their healthcare journey.

Udo has gathered leaders and experts in both business and healthcare, under the unified vision to connect and empower humanity through innovation. The Udo Care apps for patients and providers (“Udo Care Provider” and “Udo Care Patient”), are now available for download on the Apple and Android app stores.

To learn more about Udo LLC, visit http://udo.com/

Contact:
Udo LLC
182 N Union Ave
Farmington, UT 84025
385-424-1100
info@udo.com

SOURCE: http://www.intelligence360.io
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Venture Capital
7160, Framington, Salt Lake City, Udo, Utah, Venture Capital

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