Reveleer Secures $65 Million in Financing to Drive Strategic Expansion and Enhance Product Offerings

Reveleer, a leading AI-powered healthcare technology data and analytics company committed to advancing sustainable value-based care for health plans and risk-bearing providers, today announced it has raised over $65 million in new capital in a financing round led by Hercules Capital, Inc. “This funding will have a tremendous impact as it positions us to strategically pursue inorganic growth opportunities in value-based-care technology, accelerating innovation and enhancing patient care through healthcare AI technology,” said Jay Ackerman, CEO and President at Reveleer. “With this infusion of capital, we can swiftly seize market opportunities and further our mission. We are excited to have Hercules Capital, Inc. as a new financial partner.” “We are enthusiastic about the opportunities automation has unlocked for value-based care models nationwide,” said Andrew Adams, Co-Founder and Managing Partner at Oak HC/FT. “Reveleer has a demonstrated track record of growth across its operations, consistently delivering improved clinical outcomes for its growing roster of payer and provider clients, and we look forward to our continued partnership.” “Backing Reveleer’s growth trajectory is crucial as the company tackles significant challenges for payers and providers, including handling the influx of clinical data, optimizing workflow efficiency, and bridging care gaps,” noted Tom Hertzberg, Managing Director at Hercules Capital, Inc. The acquisi...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Andrew Adams Health IT Funding Health IT Fundings Health IT Investment Hercules Capital Hercules Capital Inc. Jay Ackerman Oak HC/FT Reveleer Tom Hertzberg Source Type: blogs