LaunchPoint Raises $3.5 Million in Series B Financing - LaunchPoint
Summary
“We see deep market interest in supporting health IT priorities with agile business solutions that drive top and bottom line performance. Based on current business results, strong market interest, and current investor support, we opted to keep LaunchPoint privately held at this point in time.” Founded in 2008, LaunchPoint has served 30 customers through its two divisions: Ajilitee, a consulting and services firm that specializes in agile analytics, business intelligence, cloud enablement, and information management; and Discovery Health Partners, a provider of intelligent healthcare cost containment solutions that include subrogation, coordination of benefits and dependent eligibility verification. Customers include leading healthcare payers, provider networks, academic medical centers, and self-insured corporations. “With its suite of cloud offerings and strength in execution, LaunchPoint is carving a leadership position in helping healthcare organizations compete in entirely new ways.” LaunchPoint founders previously served in leadership capacities with HP Worldwide Information Management Services and as founders and executive management of Knightsbridge Solutions, a leading business intelligence consultancy acquired by HP in 2006. Corporate divisions Ajilitee and Discovery Health Partners deliver highly flexible, scalable and cost-efficient solutions that enable customers to innovate with information and advance their competitive position.