MotionSoft Receives $2M from Edison Ventures
MotionSoft, a Rockville-MD-based provider of Software-as-a-Service (SaaS) and payment solutions to the health and wellness industries, has received a $2 million follow-on investment from Edison Ventures.
The company intends to use the capital to increase its development, sales and marketing efforts.
Led by CEO Al Noshirvani, Motionsoft Motionsoft provides Software-as-a-Service (SaaS) and financial solutions to the health and wellness industries. Its Complete Member Management Software and Billing Suite is designed to give users the ability to focus on the important parts of member and facility management including sales and prospecting, retention and engagement, and reporting/strategy.
The company serves nearly 2,000 clients in the USA, Mexico, Canada, and Europe, including commercial gyms, family activity facilities, schools, universities and hospitals/corporate-based wellness facilities.