Kareo Receives $5,000,000 New Financing Round

  • Feed Type
  • Date
    9/13/2010
  • Company Name
    Kareo
  • Mailing Address
    131 Innovation Drive Irvine, CA 92617
  • Company Description
    Kareo offers the first on-demand revenue cycle automation software for medical billing companies. Kareo connects medical billing professionals with healthcare providers on one system to share information and coordinate workflow across organizational boundaries. Kareo makes the collection of physician revenues fast, easy, and predictable.
  • Website
    http://www.kareo.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Kareo will use the new capital to enhance customer service, expand its product suite, build out sales and marketing initiatives, and bolster its management team.
  • M&A Terms
  • Venture Investor
    OpenView Venture Partners