Jump Technologies, Inc., an Eagan, MN-based innovative software company with solutions that improve supply management in hospitals, closed a $3.5m funding round.
Black Granite Capital LLC made the investment.
The company intends to use the funds to expand and enhance its solutions and grow the company’s sales, customer success, development and quality assurance teams.
Led by CEO John Freund, Jump Technologies provides health systems with cloud-based supply chain solutions to improve the way supplies are managed, from demand through use and replenishment. The company’s solutions, including JumpStock™ Inventory Management and InnerTrack™ Receiving & Package Tracking, enable automated supply management, reducing overstocking, stock-outs, hoarding and waste, while increasing inventory turns, data-driven decision making, and accurate forecasting and planning.