Kareo Garners $55,400,000 New Funding Round

  • Feed Type
  • Date
    7/28/2015
  • Company Name
    Kareo
  • Mailing Address
    3353 Michelson Irvine, CA 92612 USA
  • 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
  • Transaction Amount
    $55,400,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This capital will finance the continued development of Kareo’s product line—which enables physicians to manage all major aspects of their practice—as well as expand the company’s market access.
  • M&A Terms
  • Venture Investor
    Montreux Equity Partners
  • Venture Investor
    Silver Lake
  • Venture Investor
    Stripes Group
  • Venture Investor
    Greenspring Global Partners
  • Venture Investor
    OpenView Venture Partners
  • Venture Investor
    Silicon Valley Bank
  • Venture Investor
    Western Technology Investment

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