Forerun, Inc., a Waltham, MA-based provider of electronic charting solutions for the hospital emergency department, has closed a $2m Series C financing.
The round was led by Massachusetts Technology Development Corporation, and includes new investors including Michael B. Kaufman, Managing Partner of KBT Partners, and additional backers.
The company intends to use the funds to deliver product and technology enhancements and roll out FlexChart, which is a charting solution for the ED that allows physicians and hospitals to capture clinical documentation data electronically and improve productivity. Its core functionality includes electronic physician documentation, discharge processing and quality and business intelligence reporting.
It leverages Forerun’s Digital Pen Technology that enables clinicians to collect data at the bedside. That information, as well as other clinical data, is automatically imported into the electronic chart.
Led by President and CEO Ken Wolfe, Forerun was founded by emergency medicine practitioners and IT experts associated with Beth Israel Deaconess Medical Center and Harvard Medical School.