Longmeadow Capital
171 Dwight Road, Suite 310, Longmeadow, MA, 01106, United States
Overview
Longmeadow Capital Partners is a venture capital and private equity firm specializing in investments in growth capital, management buyouts.
- Total investments
- 3
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Investment portfolio
- Hatch
Participated · Series B · Feb 2022
VisuWell is a Nashville, Tenn.-based provider of configurable virtual care solutions led by CEO Gerry Andrady. Its enterprise-ready, browser-deployed platform is white-labeled for health systems and offers telemedicine, virtual triaging, asynchronous visits, and bi-directional EMR integrations. The platform provides acquisition and engagement strategies to expand patient access to care. VisuWell is launching a virtual urgent care solution designed to digitally triage and route low-acuity patients to virtual urgent care. The company intends to use funding to scale across all departments to support expansion of its virtual care platform and to deliver new product offerings. VisuWell, formerly known as WeCounsel, is a Nashville, Tenn.-based telemedicine enablement company. Led by CEO Sam Johnson, it provides a SaaS telemedicine platform that allows healthcare organizations of all types to deliver continuity of care and access to health services by equipping practitioners and their patients with tools for virtual care delivery. The company completed a new round of undisclosed funding. The round was led by Longmeadow Capital (Longmeadow, MA) and Point Judith Capital (Boston, MA), among other participants. VisuWell intends to use the funds for sales growth and market expansion. The financing was reported by FinSMEs on April 27, 2018.
- IntelyCare
Participated · Series A · Nov 2018
IntelyCare operates an AI-based, tech-enabled nurse staffing platform that schedules and matches nursing professionals (IntelyPros) with open assignments at healthcare organizations. The platform combines data and behavioral science with machine learning to optimize pay rates and shift matching. The company reports more than 30,000 nursing professionals working with IntelyCare at over 1,600 facilities; IntelyPros more than doubled in 2021 while client demand nearly tripled year-over-year. Since its Series B in February 2020, IntelyCare’s annual revenue has grown by more than 850%. IntelyCare emphasizes a nurse-centric approach, offering W-2 employment with benefits and continuing education to improve retention. The company plans to use new funding to expand into additional states and invest heavily in its AI-based platform and data science technology to address post-acute care staffing needs. IntelyCare is a Quincy, Mass.-based intelligent workforce management solution for post-acute facilities offering a platform and mobile app that connects nurses with flexible on-demand shift opportunities. Its system intelligently matches nurses to open shifts using advanced machine learning algorithms that optimize matching and pricing, creating shifts before facilities know their own need. The platform is designed to reduce burnout and turnover among nursing staff. In February 2020 the company raised $45M in Series B new equity and debt financing. The round was led by new investor Endeavour Vision and included Kaiser Permanente Ventures and Generator Ventures. IntelyCare intends to use the funds to expand operations and broaden its business reach. IntelyCare provides an AI-powered workforce management solution that matches nurses to open shifts at post-acute healthcare facilities and dynamically prices wages to improve fill rates. The product includes a mobile app that surfaces tailored shifts, geofencing for check-in/check-out, automated billing, downloadable credential profiles, and a rating system that refines matching over time. Its matching and pricing engine uses dozens of data elements and more than 600,000 observations; nurses who use the app open it about five times per day and shifts can be filled in as little as six hours. Predictive analytics forecast potential openings weeks in advance to help facilities plan and immediately fill shifts when posted. IntelyCare says it will use the new funding to expand development and adoption of its platform to help address a nationwide nursing shortage. The company is headquartered outside of Boston, Mass., and emphasizes increasing nurse flexibility and reducing administrative burden for facilities.
- WeCounsel
Led · Series A · May 2016
WeCounsel Solutions is a Chattanooga, Tenn.-based telemedicine software company led by founder and CEO Harrison Tyner. It offers a HIPAA-compliant, cloud-based telemedicine suite comprising secure video and end-to-end practice management tools such as scheduling, document sharing and billing. The platform also includes advanced workflow solutions designed for virtual patient engagement. Companies like InSight Telepsychiatry and R3 Continuum use WeCounsel’s software. In February 2016 the company closed a $3.5M Series A equity funding round. WeCounsel intends to use the funds to accelerate growth, continue to enhance the product offering and augment business development initiatives.
Team
Richard B. Steele
Founder and Managing Member
LinkedIn