Aver Informatics Secures $8,500,000 Series A Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2749b13a-904a-45b0-8fa0-8ed1ab081cbd
Date
5/27/2014
Company Name
Aver Informatics
Mailing Address
375 AMS Court Green Bay, WI 54313 USA
Company Description
Aver Informatics’ data analytics platform radically simplifies the healthcare reimbursement process. Through analyzing the vast amounts of “fee for service” data already available in current healthcare claims systems, Aver automatically packages patient care services into episodic bundles, making the payment process simple for each the payer, provider and patient.
Website
http://www.averinformatics.com
Transaction Type
Venture Equity
Transaction Amount
$8,500,000
Transaction Round
Series A
Proceeds Purposes
The new funding will be used to accelerate growth, as well as expand Aver Informatics’ world-class engineering and sales teams.
M&A Terms
Venture Investor
Venture Investor
Venture Investor