Array Analytics, a Washington, DC—based provider of a SaaS healthcare IT enterprise solution, closed a $2m Pre-Series A financing.
Three private investors participated in the round.
The company, which has raised $4.8m since its founding in 2017, intends to use the capital to advance its healthcare IT enterprise product called Pivotal.
Led by Carl Davis, co-founder and CEO, and Fady Barmada, Co-founder and Chief Strategy Officer, Array provides a cloud dynamic master planning and strategic optimization platform for healthcare business planning. Pivotal employs mapping technology to allow users to visualize target areas, identify patient care locations, and perform complex analyses that factor in travel times, patient encounters and volumes and competitor analysis.
Roadmap features for the product will produce insights around staffing, revenue, capital and operating expenditures, and overall ROI, all necessary components of health system strategic planning.
This latest round follows a strategic partnership agreement with UnitedHealth Group’s OptumInsight analytics division. The partnership will result in marketing an integrated solution alongside OptumInsight’s legacy CMA/P2020 product, which serves a customer base that includes over 200 hospital systems across the US.