Press Release – Upfront Closes Financing
Upfront Healthcare Closes Financing
FOR IMMEDIATE RELEASE:
Chicago, IL – Upfront, the market leader in content personalization and automated care navigation, closes financing led by top strategic investor LRVHealth and supported by existing investors Nashville Capital Network, Echo Health Ventures, and Hyde Park Venture Partners.
Upfront’s mission is to eliminate waisted effort and make all visits valuable for everyone. The amount of waisted administrative effort and patient confusion in healthcare leads to higher costs and lost revenues, amounting to billions annually. We are very excited to partner with the LRVHealth team and LP base to continue to invest in the success of our clients and our growth.
Upfront enables leading healthcare organizations to establish and maintain consumer loyalty and navigate increasing volumes to the right service at the right time. Furthermore, Upfront creates a modern, personalized consumer experience that powers new service adoption, increases efficiency, and improves access.
Keith Figlioli commented, “LRVHealth has been focused on solutions that help consumers appropriately leverage all the services that health systems offer. The Upfront team has a proven track record and we are excited to be part of the continued growth of Upfront.”
To learn more about this exciting company, please contact:
Upfront Healthcare Services
About Upfront Healthcare:
Upfront Healthcare creates a better ambulatory experience for all. Upfront optimizes medical appointments in advance to enhance financial performance, open patient access, improve physician engagement and drive higher quality scores.
Founded in 2000, LRVHealth is the premier early stage venture platform exclusively focused on finding, investing in and building disruptive new digital health, devices and diagnostic companies. The firm consists of experienced healthcare entrepreneurs, operators and investors with deep domain expertise in almost every aspect of the healthcare system. In addition to its operating partners, LRVHealth has built an effective “inside healthcare” network that consists of a small number of highly engaged provider organizations that are both geographically and competitively diverse, and are complemented by select payers and healthcare vendors who add valuable perspective and expertise across the healthcare landscape. LRVHealth has provided the first institutional funding into dozens of successful healthcare focused startups for nearly two decades, including GetWellNetwork, Phreesia, MedVentive, lifeIMAGE and Convergent Dental. For more information please follow LRVHealth on Twitter (https://twitter.com/lrvhealth) and LinkedIn (https://www.linkedin.com/company/LRVHealth), or visit www.lrvhealth.com.
About Nashville Capital Network:
NCN is a partnership of 130 professional investors, most of whom have been founders and executives of highly successful health care companies. NCN leverages the experience and expertise of the individuals within its partnership to identify, develop, and support promising, high-growth companies. NCN manages several investment funds including NCN Angel Fund I, NCN Angel Fund II, and Tennessee Angel Fund. For more information on NCN, please visit www.nashvillecapital.com.
About Echo Health Ventures:
Echo Health Ventures LLC invests to build and grow tomorrow’s great health care companies. We invest across every stage and work with our portfolio companies to challenge and transform the health care system. As a strategic collaboration, Cambia Health Solutions and Mosaic Health Solutions, we work closely with our Parents to catalyze the development of our portfolio companies’ and accelerate their innovations to scale nationally. Echo Health Ventures operates nationwide with offices in Seattle, Durham, N.C., and Portland, Ore. Follow us on Twitter @healthecho.
About Hyde Park Venture Partners:
Hyde Park Venture Partners (HPVP) is an early stage venture capital firm dedicated to fueling high-growth technology startups across the Midwest and beyond. With offices in Chicago and Indianapolis and a network of advisors throughout the region, HPVP invests in proven startups who have incredible founding teams and fast growth. As one of the Midwest’s most active investors, HPVP’s sweetspot is investing in B2B software and consumer marketplace startups that are raising their first or second round of capital to accelerate growth.