LaunchPoint, an Itasca, IL-based provider of cloud-based solutions, software, and services for healthcare organizations, raised $22.5m in funding.
Carrick Capital Partners, an investment firm focused on technology-enabled businesses, made the investment. In conjunction with the funding, Carrick’s Alex Mason and Steve Unterberger, Managing Director, Operations, will join LaunchPoint’s Board.
The company intends to use the funds for new product development, expansion of sales and marketing efforts, and enhancement of the client experience at LaunchPoint and its two divisions, Discovery Health Partners and Ajilitee.
Led by Terrence Ryan, CEO, LaunchPoint operates businesses that provide cloud-based solutions, software, and services for healthcare organizations. Its two divisions are:
– Discovery Health Partners, a provider of payment integrity software and solutions for healthcare payers, and
– Ajilitee, a healthcare information and analytics consulting business.