hc1.com Continuing Growth With $7M in Funding

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(Image courtesy of hc1.com) (Image courtesy of hc1.com)
INDIANAPOLIS -

Indianapolis-based hc1.com says a $7 million capital infusion will help continue its "aggressive expansion." The company, a healthcare-specific Customer Relationship Management system, received the funds from Indianapolis-based lead contributors Health Cloud Capital Fund I LP with participation from Elevate Ventures.

Health Cloud Capital Fund is a private equity firm that, like hc1.com, is led by Chief Executive Officer Brad Bostic. The fund’s first platform investment was hc1.com. In 2015, hc1.com landed a more than $13 million round of funding and the new Series B capital will support overall growth and boost adoption of its ProviderView and hc1 Opioid Dashboard products and services.

Bostic says "access to intuitive, real-time insight is key to bringing a more personalized, high-value approach to healthcare. This investment will enable us to accelerate the development of our healthcare relationship management solutions, expand our talented team, and continue to gain adoption across progressive organizations that are committed to improving healthcare through personalized service and proactive engagement."

In addition to the funding, hc1.com has also announced the addition of Chief Business Officer Raj Venkat and Vice President of Services and Analytics Michael Braverman.

hc1.com says more than 1,200 laboratory, post acute care and health care provider locations are customers.

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