Quinsite Closes $2.5M in New Funding
Emerging Leader in Disparate Data Aggregation and Analysis for Radiology Practices Plans to Expand Offerings to Other Specialty Healthcare Providers
Huge congrats to Raleigh-based healthcare analytics superstar Quinsite (RevUp 2019) on the recent close of a $2.5 million Seed round! The funding round was led by veteran RTP-based investor Jeff Clark and includes investment from a combination of angel and institutional investors. This new funding will enable Quinsite to pursue new market opportunities, increase strategic business development efforts and accelerate enhancements to its Comprehensive Healthcare Analytics Platform™.
Quinsite’s innovative technology platform offers real-time, robust dashboards and reports to help healthcare practice leaders gain visibility across their entire organization, leveraging data to increase productivity, optimize resources, improve quality, and boost revenue.
Quinsite currently serves 20% of the top 100 largest radiology practices in the US and boasts a 100% client retention rate. The company plans to build on that success and expand further into additional specialty healthcare practices including Pathology, Anesthesiology, Emergency Medicine and Orthopedics.
Huge congrats to the Quinsite team on this well-deserved infusion of resources!
More About RevUp Capital
RevUp Capital invests in B2B and B2C companies that are revenue-driven and ready to double down on growth. We deploy cash and capacity to help companies grow from $1-3M to $10-30M, quickly and efficiently, using a revenue-based model. Companies enter our portfolio with $500K-$3M in revenue, a strong growth rate, and a team that’s ready to scale. Our typical investment range is $300K-$500K.
We invest into a company's market-facing activity using a cash and capacity model. We pair our cash investment with dedicated support from the RevUp Growth Platform: a powerful resource to build a data-driven growth engine, delivered by people who get the work done. Rather than take equity, companies return investment through a small percentage of revenue over time. More at www.revupfund.com