Naples health care tech CEO invests $1M in firm — despite $20M in losses

Dr. Michael Dent, founder and CEO of Naples-based personalized health care network HealthLynked Corp., is matching his belief in his company with his wallet: He’s providing $1 million in financing for the company. 

It’s a hefty funding round — representing about 20% of the company's total revenue of $4.97 million in the 12 months through March 31, according to data from PitchBook.  HealthLynked, which uses cloud-based software to connect doctors, patients and medical data, was founded in 2016 and has around 40 employees. It’s publicly traded over the counter under the symbol HLYK.  

The financing from Dent, the company says, signifies his “unwavering belief in the company's mission and his commitment to protecting shareholder interests as HealthLynked continues to gain traction in the market.”