Recondo Technology Garners $2,000,000 New Financing Round

  • Feed Type
  • Date
    1/25/2013
  • Company Name
    Recondo Technology
  • Mailing Address
    8200 E. Maplewood Avenue Greenwood Village, CO 80111
  • Company Description
    Recondo connects providers, payers, and patients using breakthrough cloud computing solutions throughout the healthcare revenue cycle. Our software services are designed to ensure Proper Payments across the continuum of US healthcare and bring efficiencies and cost savings to healthcare payment processing, which currently costs US healthcare a staggering $460 billion in annual expense.
  • Website
    http://www.recondotech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment will enable Recondo to accelerate its already impressive organic growth rate, enhance its customer support teams, and complete strategic acquisitions.
  • M&A Terms
  • Venture Investor
    Bregal Sagemount

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