Kareo Receives $5,000,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70b031f8-aa9e-43ba-9db9-3f2f89245861&Preview=1 -
Date
9/13/2010 -
Company Name
Kareo -
Mailing Address
131 Innovation Drive Irvine, CA 92617 -
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
Venture Equity -
Transaction Amount
$5,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Kareo will use the new capital to enhance customer service, expand its product suite, build out sales and marketing initiatives, and bolster its management team. -
M&A Terms
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Venture Investor
OpenView Venture Partners
