Led · Equity · May 2025

Persivia offers an all-in-one, AI-powered platform that integrates clinical, claims, social, and operational data to deliver clean, governed data and intelligent tools for population health, quality improvement, and patient management. The platform is designed to streamline operations, improve clinical outcomes, and enable value-based care across healthcare organizations. The company supports over 200 hospitals and 12,000 clinicians nationwide. Founded by Dr. Mansoor Khan and Dr. Fauzia Khan, the article describes Persivia as Marlborough, MA–based and also lists a headquarters in Vienna, Virginia with additional offices in San Francisco and Gurugram, India. Persivia plans to use new funding to expand its sales force, roll out new AI solutions, and pursue targeted acquisitions and partnerships. It recently completed a significant recapitalization to finance those growth initiatives.

Led · Series B · Mar 2022

TimeDoc Health is a Chicago, IL–based virtual care management activation company led by CEO Will Boeglin. The company combines a SaaS platform with care coordination services to support chronic care management, remote patient monitoring, and behavioral health integration. Its solution helps providers establish care management programs to deliver continuous, comprehensive care for patients with chronic health conditions. TimeDoc pairs software and staffed care coordination to operationalize chronic care programs. The company raised $48.5M in a Series B and plans to use proceeds to hire additional care coordination staff, sales and marketing personnel, and developers to expand its technology capabilities. TimeDoc provides a software platform for virtual care management programs used by hospitals, physician group practices, and Federally Qualified Health Centers. Led by CEO Will Boeglin, the platform is leveraged for Chronic Care Management and Behavioral Health Monitoring. Since launching in 2016 the company has raised over $8M in total funding. TimeDoc plans to use new capital to accelerate sales resources, strengthen Electronic Health Record (EHR) integrations, roll out Remote Patient Monitoring, and develop tools to improve outcomes for chronically ill patients. The company’s clients use its software to manage remote care workflows and patient monitoring across provider settings. The business is headquartered in Chicago, IL. TimeDoc Health is a Chicago-based provider of cloud-based digital care management solutions and digital nursing services that coordinate care for chronically-ill patients. Its solution combines a care management platform with digital nursing services to engage, monitor, and coordinate care on a monthly basis. The company works with 70+ healthcare clients participating in programs such as Medicare’s Chronic Care Management (99490 / G0511), Comprehensive Primary Care Plus, Patient-Centered Medical Home, and state-wide opioid use disorder programs. These engagements generate new monthly recurring revenues for clients and help prepare them for value-based reimbursement models. TimeDoc serves Federally Qualified Health Centers, Rural Health Clinics, multi-specialty and primary care practices, community hospitals, and independent physician associations in over 30 states. The company plans to use the funding to expand its platform into behavioral health and remote patient monitoring and to double its headcount within the next 12 months.

Led · Series A · Feb 2021

ProcessMaker is a no-code/low-code open-source process automation platform that enables business analysts and IT to automate complex workflows connecting people and existing systems. Founded in 2000 by Bobby Vernon and Brian Reale and headquartered in Durham, North Carolina, the company was bootstrapped until its first outside investment in 2021. It has grown to about 140 global employees, several million open-source downloads, hundreds of commercial customers across 52 countries, and more than 150 universities. The platform offers off-the-shelf solutions such as commercial account opening for community banks and automations for student-facing higher-education workflows (e.g., transfer-credit approvals). ProcessMaker has been named a Gartner representative vendor in the 2020 iBPMS Market Guide, won a 2020 CODiE Award for Best Digital Process Automation, and was ranked an enterprise BPM momentum leader on G2 Crowd. The company says it will use the new investment to continue investing in its digital process automation platform and to build out its presence in community banking, higher education, and manufacturing.

Led · Equity · Apr 2019

Decisions develops no-code business rule and process automation software that lets non-programming staff automate workflows and business logic. Its technology is deployed as the basis of multiple commercial applications across healthcare, life sciences, finance, logistics and operations software. The platform is used directly by companies on almost every continent, serving small and mid-size businesses as well as many Fortune 500 corporations. The company was founded in 2010 by Carl Hewitt and is based in Chesapeake, Va. Decisions intends to use new funding to continue growth and to develop new products and services. The article does not disclose revenue or user metrics.

Led · Equity · Mar 2019

eHealth Technologies provides medical record retrieval and organization services and image-enabled Health Information Exchanges through its eHealth Connect® suite. Its eHealth Connect® solutions streamline care transitions and aim to ensure physicians have the right information, and the eHealth Connect® Image Exchange enables HIE subscribers to access full diagnostic-quality medical records within the patient record. The company serves customers across the U.S., working with prominent HIEs and top-ranked hospitals, including 16 of the top 20 U.S. News & World Report Honor Roll Hospitals for 2018–2019. Founded in 2006 and led by CEO Jeff Markin, eHealth Technologies is based in West Henrietta, New York. The company raised $41M in funding from Aldrich Capital Partners and intends to use the proceeds for continued growth and development of new products and services. eHealth Technologies provides continuity of care solutions that streamline and largely automate transitions of care, supplying external medical records and diagnostic-quality images within provider workflows. Its flagship offering, eHealth Connect, also delivers real-time reporting on referral patterns so hospitals can monitor referral business. The company says more than 50 percent of the largest hospitals and leading health information exchanges use its solutions, including 11 of the top 17 hospitals on the 2012–2013 U.S. News Honor Roll. In the past two years demand for its solutions has increased revenue by over 230 percent. eHealth Technologies is expanding its infrastructure and plans to broaden marketing of its solutions to IDNs, hospitals, HIEs and cancer treatment centers. Management positions these efforts to help providers see patients faster and improve first-appointment productivity.