Florence Acquires Zipnosis

mergers and acquisitions

Florence, a New York-based healthcare enablement software provider, acquired Zipnosis, a Minneapolis, MN-based provider of an asynchronous-first virtual care solution.

The amount of the deal was not disclosed.

With the acquisition, Florence will broaden its product offerings with synchronous and asynchronous virtual care and further their mission to create a consumer-centric interface that engages patients at every stage of their journey across virtual and physical care.

Zipnosis, dba of DocSquad LLC, is a 60-person health tech company that offers a white-labeled virtual care solution that uses asynchronous telemedicine to connect patients with local board-certified physicians — anytime, anywhere. Zipnosis has facilitated 4.5 million patient encounters and engaged 3,500 physicians at over 50 different top health institutions, including Ballad Health, SSM Health, the Medical University of South Carolina, and Allina Health. 

Led by Aniq Rahman, CEO, Florence is a health tech company that creates solutions to solve the issue of clinical capacity. Its technology enables healthcare providers to deliver care while reducing costs via consumer-grade patient experiences that automate workflows for staff.  With Florence, users can track and accelerate their healthcare journey via smartphone, update clinical information, facilitate prescription fulfillment, initiate self-discharge and schedule follow-up appointments.

The acquisition follows Florence’s formal launch last month, at which time the company announced $20 million in seed funding led by Thrive Capital, GV (Google Ventures), and Salesforce Ventures.

FinSMEs

25/05/2023