SSM Partners Completes Minority Investment In ProviderTrust

Funding Rounds

Summary

The company is the market leader in the data science of exclusion monitoring, license verification, and sanction screening, with the ultimate goal of helping clients improve the levels of patient safety and quality that they strive to provide. "We believe SSMs investment validates our success and opportunity, and we are excited to partner with such an experienced healthcare IT investor as we continue to grow our business," Rosen said. SSM invests $5-20 million in rapidly growing companies within three primary areas: healthcare, software & technology, and Internet & consumer. Starting with a relationship built on trust, SSM makes minority and majority equity investments and offers its entrepreneur-partners a thorough understanding of the growth company lifecycle and a collaborative approach to building great businesses. SSMs healthcare IT current and past investments include Apixio, Bloodhound Technologies, Connecture, EnableComp, Novu, Passport Health Communications, and RemitDATA.

$ Funding

$
Amount - Total raised
Date September 25, 2018 Announcement date
Investors SSM Partners Lead investors
Company http://www.providertrust.com Funded company

Classifications

industries
HealthTech
applications
Web and Content Management

AskAI Classifications

Labels
Healthcare Compliance Software Credential Verification Software SaaS

Linked Companies

ProviderTrust
$10M to $25M