Medical records-tech company Medcurity Inc. says it has secured a second round of funding this year from a West Side investment firm.

The firm, SeaChange Fund, invested $500,000 in Spokane-based Medcurity earlier this month.

SeaChange, founded in 2018 as the Seattle Angel Fund before changing its name, boasts on its website that it has a history investing in young companies with strong revenue scale potential.

In May, WRF Capital, the investment arm for Seattle-based nonprofit Washington Research Foundation, invested $200,000 in Medcurity.

Founded in 2018 by Joe Gellatly and Amanda Hepper, Medcurity developed a Health Insurance Portability and Accountability Act-compliant platform to help health care organizations, store patient data more easily and safely.

Several of SeaChange Fund’s investors were early-stage investors in Microsoft Corp., Gellatly says.

“It’s more than money,” Gellatly adds. “It’s about the relationships that will be formed.”

Medcurity will use some of latest round of investment money for salary support for a chief information security officer and two sales executives who were hired recently. Funding also will be dedicated to continued product development and sales and marketing efforts, Hepper says.

In June, the company moved into about 2,000 square feet of space in the Garden Court building at 222 W. Mission, north of downtown. The company has five full-time employees, including Gellatly and Hepper, and currently has five interns.

It was a contact of Gellatly’s, who now works at SeaChange Fund, that kicked off the introduction between Medcurity and the firm.

Gellatly met his friend during the 1999–2000 academic year at Whitworth University—the one year Gellatly attended the college. In late 2019, the friend contacted Gellatly via email and told him he was interested in what Medcurity had developed so far.

That led to a months-long exchange of information in which Gellatly and Hepper made a pair of pitches to the firm.

SeaChange Fund managing partner Susan Preston says, “Joe and Amanda impressed us from the start. And we love their team.”