LeanTaaS, Inc., a Santa Clara, California, and Charlotte, North Carolina-based provider of software solutions to increase patient access and transform operational performance for healthcare providers, raised $130m in Series D funding.
The round was led by Insight Partners with participation from Goldman Sachs. As part of the deal, Insight Partners’ Jeff Horing and Jon Rosenbaum and Goldman Sachs’ Antoine Munfa will join LeanTaaS’ Board of Directors.
Led by Mohan Giridharadas, founder and CEO, LeanTaaS provides software solutions that combine lean principles, predictive analytics, and machine learning to transform hospital and infusion center operations. The company’s software is being used by over 100 health systems across the nation which all use the iQueue cloud-based solutions to increase patient access, decrease wait times, reduce healthcare delivery costs, and improve revenue.
The company intends to use the funds to invest in building out the existing suite of products (iQueue for Operating Rooms, iQueue for Infusion Centers and iQueue for Inpatient Beds) as well as scaling the engineering, product and GoToMarket teams, and expanding the iQueue platform to include new products.
With this investment, LeanTaaS has raised more than $250m in aggregate, including more than $150m from Insight Partners.