SaaS Capital Provides $2.0 Million in Growth Funding to GoMo Health
May 23, 2023
CINCINNATI, SEATTLE, ASBURY PARK, May 23, 2023 – SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, today announced that it has provided a $2.0 million line of credit to GoMo Health.
“GoMo Health’s growth in the digital care management, patient engagement, and population health market with 20 health plans, dozens of providers and health systems, and major life sciences companies, has accelerated our business trajectory, and we are pleased to partner with SaaS Capital to further our ability to invest in continuous process improvement of our science and cloud-based engagement platform,” says Bob Gold, Founder and Chief Behavioral Technologist.
GoMo Health is a science-based patient and consumer engagement company focused on healthcare and wellness. The company’s solution strengthens health care organizations’ ability to provide better, more cost-effective care for those with high-risk, chronic, and complex wellness issues.
“SaaS Capital is excited to announce its partnership with GoMo Health,” said Randall Lucas, Managing Director of SaaS Capital. “The strong leadership team at GoMo Health has built an industry-leading platform that focuses on providing better remote care solutions that encourage self-care. We are proud they chose us as their financing partner to support their continued growth.”
About GoMo Health
GoMo Health® applies a proprietary, evidence-based science of engagement, BehavioralRx®, to our cloud-based digital therapeutic, Concierge Care®, to actively extend care plans, and provide resources and support to people in their “lived” environments – enhancing outpatient care and impact. This outpatient care delivery model integrates support for psychosocial and physical needs to create personalized, behaviorally-based care plans that empower patients in their own care management and healthy decision making. Connecting with patients via its’ Telehealth Triple Play™, GoMo Health uses an intelligent mobile BOT to collect and triage patient data via home medical devices, conduct in the moment “conversations”, and gather electronic patient-reported outcomes (ePRO). This has proven to modify behaviors of patients with chronic and complex conditions worldwide, resulting in significant improvement in health outcomes and adherence, and decreased costs of care for providers, hospitals, health plans, employers, and life science companies. Visit gomohealth.com to learn more.
About SaaS Capital
SaaS Capital is the leading provider of growth debt designed explicitly for B2B SaaS companies. SaaS Capital’s growth debt is structured to provide a significant source of committed funding, deployment flexibility, and lower overall cost of capital, all while avoiding the loss of control associated with selling equity. SaaS Capital was the first to offer lending alternatives to SaaS businesses based on their future recurring revenue. Since 2007, SaaS Capital has committed more than $375 million in growth debt facilities to deliver better outcomes for our 110+ clients, resulting in more than $2 billion in total enterprise value created. Visit www.saas-capital.com to learn more.
Who Is SaaS Capital?
SaaS Capital® is the leading provider of long-term Credit Facilities to SaaS companies.Read More