Venture Capital News: Carepoynt Closes $2M Seed Round
2018-08-10
SAN FRANCISCO, CA, Emerging leader in the digital health field, has raised a $2 million seed funding round.
US Capital Global has been retained by Carepoynt as its Series A round financial advisor, following a $2 million seed funding round. Carepoynt is an emerging leader in the digital health field. The company is dedicated to putting patients and consumers at the center of a more rewarding and engaging healthcare ecosystem.
Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in asset-based finance and capital raise services. The firm focuses on providing lower middle market businesses and investors with sophisticated debt, equity, and investment products usually available only to larger companies and institutional investors.
"We are immensely pleased to partner with US Capital Global in our endeavors to remedy the current costly, chaotic, and uncoordinated healthcare ecosystem with our Rewardsware for Healthcare platform," said Tim Stanley, CEO and founder of Carepoynt. "With US Capital Global's support and expertise, Carepoynt is well-positioned to enhance its platform and pursue plans to go to market."
"It has been pleasure serving Carepoynt as its exclusive financial advisor, and we look forward to our continued collaboration in the future," said Jeffrey Sweeney, Chairman and CEO at US Capital Global. "Our shared enthusiasm for Carepoynt's unique product was a key determinant in engaging with the company. With US Capital Global's support, Carepoynt is well-positioned to advance its strategic market expansion into the rapidly growing digital health sector."
About Carepoynt
Developed in response to the costly, chaotic, and uncoordinated healthcare ecosystem, Carepoynt is a consumer-centric program built around a multi-channel, cloud-based Rewardsware for Healthcare platform. Here members can connect, align, engage, and be rewarded within a trusted network of health-focused providers, payers, employers, and strategic partners. Carepoynt's mission is to encourage healthier living, enhance value, and improve the results of health investments, while enabling more engaging experiences and better outcomes across the healthcare and wellness ecosystem.
About US Capital Global
Since 1998, the US Capital team has been committed to providing small and lower middle market businesses and investors with sophisticated debt, equity, and investment opportunities usually available only to larger middle market companies and institutional investors. The US Capital Global group manages direct investment funds and provides wealth management and capital raise services. Operating with its registered investment bank affiliate, US Capital Global Securities, LLC, the firm acts as a licensed placement agent for companies, funds, and projects, and collaborates closely with its peers in professional banking and investment advisory. http://www.uscapglobal.com
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