Healthcare IT Today February 3, 2025
Total 2024 Debt and Equity Funding Surpasses $110 Million, Bolstering Organic and Acquisition-Focused Growth Strategy
CoachCare, a leader in remote patient monitoring (RPM) and virtual care management, announced an $11 million investment from growth equity firm Catalyst Investors. This latest round follows a $48 million funding in June led by Integrity Growth Partners and Topmark Partners, bringing CoachCare’s total equity funding for 2024 to $59 million. In addition, the company has secured a credit facility with Everberg Capital, providing up to $52 million in debt financing. With these initiatives, CoachCare has raised over $110 million in debt and equity capital this year to support its dual-pronged growth strategy and to provide liquidity to its existing equity holders.
“The capital raised...