13 January 2020:
DrChrono has raised a $20 million growth capital round from ORIX Growth Capital. The company will use the fresh capital to spur expansion and increase market share through further investing in the technology platform (EHR, medical billing and API) and expansion of engineering, sales, and support functions.
Daniel Kivatinos, Co-Founder and COO of DrChrono, said, “The ORIX team has funded some of the best healthcare entrepreneurs and companies in the world. We are extremely excited about this partnership. With our platform and services evolving and maturing, we are in an excellent position to bring the DrChrono platform to larger facilities and specialty practices.”
Daniel Kivatinos, added, “Our goal with this additional funding from the ORIX team will be to make the software experience even more amazing, and make critical hires to ensure DrChrono provides the most innovative technology to medical practices.”
David Orlandella of ORIX Growth Capital, said, “After meeting the DrChrono executive team, we were excited about their vision of the future, where healthcare will simply work for physicians and for their patients on a modern platform. Clearly having a modern cloud-based platform is part of the future. We loved the ecosystem of extendible apps that can be layered onto the platform, making it a powerful operating system of any medical practice.”
DrChrono develops the essential platform and services for modern medical practices to make care more informed, more interactive, and more personalized.
(Image – DrChrono)