Funding

Matthew Gitelis Co-Founded PatientIQ Raises $30M in Series C Funding

Sep 4, 2026 | By Devin Jacobs

SUMMARY

PatientIQ raised $30M in Series C funding.
The funding will support expansion.
PatientIQ helps improve patient outcomes.

PatientIQ, a Chicago, IL-based provider of a patient outcomes intelligence platform, has raised $30 million in a Series C funding round led by Hughes & Company.

The round also saw participation from Health Enterprise Partners and August Capital.

The company will use the capital to expand across existing specialties and health systems, grow its real-world evidence platform, and develop a direct-to-patient commerce marketplace.

Funding Snapshot

Metric	Details
Fundraise Amount	$30M
Valuation	Not disclosed
Company	PatientIQ
Sector	HealthTech / Patient Outcomes Intelligence
Headquarters	Chicago, Illinois, USA

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About PatientIQ

Founded in 2016 by Matthew Gitelis, PatientIQ provides an outcomes intelligence platform that helps healthcare organizations collect, analyze, and improve patient outcomes. The cloud based platform integrates with more than 50 EHR systems, including Epic, Oracle Cerner and Athenahealth, allowing outcomes data to be collected within existing clinical workflows.

PatientIQ also supports medical device and life sciences companies with automated data collection and powers national clinical registries for organizations including the American Academy of Orthopaedic Surgeons, American Association of Neurological Surgeons, and Society for Thoracic Surgeons.

Core offerings include:

Patient outcomes collection
EHR-integrated data capture
Real-world evidence generation
Patient commerce marketplace

Core Technologies / Products / Services

Capability/Product	Application/Use Case
Outcomes Intelligence Platform	Collects and analyzes patient outcomes
EHR Integrations	Automates outcomes capture within clinical workflows
Real-World Evidence Platform	Helps life sciences and medical device companies generate clinical evidence
Patient Marketplace	Connects patients with relevant products and services

Leadership Comments

"We spent a year studying the patient-reported outcomes space," said Travis Hughes, Founder and Managing Partner of Hughes & Company. "What we found in PatientIQ is something rare – a company that helped create and define an entirely new category that has a meaningful impact on quality of care.

"The reason outcomes data has been so hard to act on in healthcare isn't a lack of will – it's a lack of infrastructure," said Matthew Gitelis, CEO of PatientIQ. "Building that infrastructure, specialty by specialty, workflow by workflow, is what PatientIQ has been doing for a decade.