Tag: Investment
Notable Systems adds $12M investment
April 1, 2025HME News Staff
DENVER - Notable Systems has announced a $12 million growth investment led by Harbert Growth Partners and Grotech Ventures.
The funding will fuel the continued expansion of the company’s technology and go-to-market teams as it scales to meet growing demand across the health care industry.
"Notable Systems is solving a massive and expensive problem in the health care system with extraordinary precision and performance," said Tom Roberts, general partner at Harbert...
PE firms invest in Soleo Health
February 4, 2025HME News Staff
FRISCO, Texas – Court Square Capital Partners and WindRose Health Investors have announced the closing of a jointly controlled investment in Soleo Health.
Court Square and WindRose have partnered with Drew Walk, co-founder and CEO, and Craig Vollmer, co-founder and chief commercial officer, to recapitalize the business and provide additional capital to support future growth.
“We are thrilled to partner with WindRose and Court Square on the next phase of our growth strategy,”...
Inogen accelerates entry in China
January 27, 2025HME News Staff
GOLETA, Calif. – Inogen has entered into a strategic collaboration with Jiangsu Yutue Medical Equipment & Supply Co. (Yuwell) to broaden its product portfolio through distribution of certain respiratory products in the United States, expand and enhance its innovation pipeline through joint R&D efforts and accelerate its entry into the Chinese market.
As part of the collab, Yuwell, which generated more than $1 billion in revenue in 2023, has also agreed to invest about $27.2 million...
Nymbl wants to be at ‘core’ of business
January 17, 2025Liz Beaulieu, Editor
COLUMBUS, Ohio – Nymbl Systems is ready to scale significantly in 2025 with a new investment and a sharp focus on building out its team and business management solution.
The company announced in December that it received an equity investment from Charlotte-based Frontier Growth, which specializes in supporting vertical software-as-a-service companies. Frontier’s portfolio also includes AxisCare, a Waco, Texas-based software solution for non-medical home care companies.
“One...
Nymbl Systems receives investment
December 23, 2024HME News Staff
COLUMBUS, Ohio – Nymbl Systems, a provider of cloud-based practice management software for orthotics and prosthetics, complex rehab technology and home medical equipment providers, has received an equity investment from Frontier Growth.
The amount of the deal was not disclosed, but Charlotte-based Frontier Growth typically makes initial equity investments of $5 million to $30 million in mission critical vertical SaaS companies with $3 million to $20 million of annual recurring revenue...
MediWound raises $25M
July 16, 2024HME News Staff
YAVNE, Israel – MediWound has entered into a definitive purchase agreement with several new and existing investors, including Mölnlycke Health Care, a medtech company specializing in solutions for wound care and surgical procedures. MediWound plans to use the $25 million in gross proceeds from the private investment in public equity (PIPE) to advance EscharEx pre-commercial activities and support general corporate purposes. “We are proud to have the strong support of Mölnlycke,...
Investor buys BioMatrix
June 25, 2024HME News Staff
SEATTLE – Frazier Healthcare Partners, a Seattle-based, health care-focused investment firm, has closed on its acquisition of BioMatrix Holdings, a Plantation, Fla.-based national provider of home infusion services.
Frazier is partnering with Ted and Kathee Kramm, two highly experienced industry executives in the home infusion market, to lead BioMatrix with Ted as CEO and Kathee as president. The Kramms began their careers as clinicians (pharmacist and nurse, respectively) and have...
Better Health secures new funding round
June 13, 2024HME News Staff
SAN FRANCISCO – Better Health, a medical supply provider, has received $14 million in strategic funding, including investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth - University of Miami Health System, and Mosaic General Partnership.
Better Health will use the funding to bring a more comprehensive solution to payers and providers, while also expanding into new categories to better serve members with chronic conditions. The company is also...
SeaFort helps fund rollout of nat’l platform for orthotics
June 4, 2024HME News Staff
HALIFAX, Nova Scotia – SeaFort Capital has made a majority investment in The Médicus Group which represents Mable Health’s first investment in the orthotics, prosthetics and mobility aids industry. Mable Health acquired Médicus from Metro and the Bleau family. “We are very excited to be partnered with SeaFort Capital and to support the growth of the Mable Health business,” said Michel Lanctôt, a general manager at Medicus who will now serve as president...
Float follows ‘North Star’ to growth
May 22, 2024Theresa Flaherty, Managing Editor
SAN FRANCISCO – With its latest round of funding, Float, a provider of on-demand home infusion staffing and technology, is poised to expand its “frictionless” solutions, says CEO Ryan Johnson.
The $10 million in Series A funding, announced in April, has allowed the company to quickly scale its solutions and expand into Arizona.
“Each month, we’re staffing over 1,800 visits and this month we were up 15% month on month, so we continue to grow quite quickly,”...