Novarus Healthcare, Inc., a Charlotte, N.C.-based healthcare IT solutions development company, raised $750k in equity funding.
Dioko Health Ventures, an early-stage investment fund focusing on healthcare services and information technology, made the investment. In conjunction with the funding, Matthew King, Managing Partner at Dioko Ventures, joined Novarus’ Board of Directors.
The company intends to use the funds to continue to enhance its technologies and expand its reach.
Founded in 2011, Novarus provides employers with IT service solutions to improve healthcare, employee engagement, and benefits delivery.
The company currently provides:
– Novarus EmployeeConnect, a mobile app for employers to engage employees, facilitate collaboration, promote company objectives, and drive efficiency, as well as offer accessible benefits information for employees;
– Novarus BERT, a solution for companies to manage benefits invoice reconciliation by identifying and resolving errors.