14 December 2019:
Healthcare SaaS startup GrowthPlug has raised $1 million from Elevate Capital and its investment syndicate.
The startup will use the fresh capital to support the company’s expansion of its operations, product development, and technology roadmap.
As part of funding, Nitin Rai, Managing Director at Elevate Capital will join GrowthPlug’s Board of Directors.
Nitin Rai, Managing Director at Portland-based Elevate Capital, said, “We’ve been very impressed with GrowthPlug’s innovative and targeted approach to serving a rapidly growing number of customers in the healthcare practice market. Our investment in GrowthPlug also supports our mission to provide funding to minority entrepreneurs with disruptive ideas and products – one of the co-founders is a woman and both co-founders are entrepreneurs of color.”
Sudhir Bhatti, CEO and co-founder of GrowthPlug, said, “We’re very pleased to have Elevate Capital’s support as GrowthPlug continues to grow to meet the demand of this underserved market which includes more than 300,000 healthcare practitioners who need our products. It’s been rewarding to have our customers tell us that GrowthPlug has been a game changer for their business growth and ability to enhance their patients’ experience and engagement with their practices. We’re excited about the opportunities ahead.”
GrowthPlug was founded in 2016. It was launched in 2017. It is a practice growth and optimization SaaS that is focused on helping healthcare practices to accelerate new patient acquisition, manage online reputation, automate front desk operations, and elevate the patient experience.
(image – GrowthPlug)