Kareo Garners $29,500,000 New Funding Round

  • Feed Type
  • Date
    1/21/2014
  • Company Name
    Kareo
  • Mailing Address
    3353 Michelson Irvine, CA 92612
  • Company Description
    Kareo offers the first on-demand revenue cycle automation software for medical billing companies. Kareo connects medical billing professionals with healthcare providers on one system to share information and coordinate workflow across organizational boundaries. Kareo makes the collection of physician revenues fast, easy, and predictable.
  • Website
    http://www.kareo.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $29,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This new capital will be used to invest in sales and marketing to accelerate growth, further enhance the company’s cloud-based software platform, and scale its revenue cycle management operations.
  • M&A Terms
  • Venture Investor
    Greenspring Associates
  • Venture Investor
    OpenView Venture Partners
  • Venture Investor
    Silicon Valley Bank

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