MedTrainer Raises $43M In Series B Funding

MedTrainer, a Los Angeles, CA-based provider of a cloud based solution for healthcare credentialing, training, and compliance management, raised $43m in Series B funding.

The round was led by Vista Equity Partners, with participation from existing investor Telescope Partners. In conjunction with the funding, Abhay Puskoor, Senior Vice President at Vista, will join MedTrainer’s Board of Directors.

The company intends tom use the funds to accelerate its growth trajectory through talent acquisition, product expansion, and partnership development.

Founded in 2013 and led by Steve Gallion, CEO, MedTrainer provides a cloud-based software solution that drives revenues, streamlines workflows, and eases employee onboarding for more than 15,000 healthcare facilities and 300,000 healthcare professionals across North America.

The company is also rapidly expanding its partnership base consisting of local associations all the way through fortune 10 companies in order to fulfill its mission of simplifying compliance.

FinSMEs

13/04/2022