SaaS Capital Provides $4.0 Million in Growth Funding to Qure4u
April 1, 2021
CINCINNATI, SEATTLE, BRADENTON, April 1, 2021 – SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, today announced that it has provided a $4.0 million line of credit to Qure4u.
“Qure4u’s mission to make healthcare more conveniently accessible, drive practice efficiency and enhance clinical insight resonates deeply within our core belief while also building a strong business with sustainable growth. We are proud to partner with SaaS Capital and are excited for rapid growth across healthcare,” said Monica Bolbjerg, MD, CEO, Founder, Qure4u.
Qure4u enables contactless care management and engagement. The company offers the leading fully integrated virtual care and patient experience platform deployed in hundreds of practices, clinics, hospitals, and health systems today.
“SaaS Capital is excited to partner with the telemedicine and patient portal platform Qure4u,” said Rob Belcher, Managing Director of SaaS Capital. “This is actually a repeat of a very successful business the management team built in Denmark, and they are growing fast in the larger US market. Management is very sensitive to ownership dilution and has chosen non-dilutive options to fund the growth of the business to date. We are honored that they chose SaaS Capital as their financial partner for this next phase of growth. Digitization in the delivery of medicine had already been increasing and has obviously accelerated dramatically in the past year during the pandemic. The team at Qure4u is excellent, and the company is well-positioned for growth.”
About Qure4u Inc.
Qure4u’s holistic patient engagement platform and contactless “digital front door” offer patients and providers a scalable, EHR-embedded platform that supports the entire care journey. Remote check-in, Virtual Waiting Room™, Digital Health Key™, Qure4u DriveUp™, data sharing, telehealth, pre- and post-procedure prep, remote patient monitoring, secure communication, and care plan features to close the gap for patients and providers between office visits. By enabling patients with self-service tools to manage their health from anywhere, Qure4u drives practice efficiency and enhances clinical insight. The company’s solutions improve patient engagement, outcomes, and satisfaction. Visit www.qure4u.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 deployed $209.5 million in growth debt to deliver better outcomes for 60+ clients, resulting in $753 million in total enterprise valuation 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