Tech Company Financing Transactions

Babel Health Funding Round

Babel Health closed a $5 million Series A venture capital round on 4/29/2019. Investors included Draper Triangle Ventures, Strategic Healthcare Investment Partners and private investors.

Transaction Overview

Company Name
Announced On
4/29/2019
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors

Draper Triangle Ventures (Lead Investor) (Michael Stubler)

Strategic Healthcare Investment Partners (Lead Investor)

Proceeds Purpose
The Series-A financing will enable Babel Health to further invest and maintain its sales and delivery momentum, acquire additional talent, and rapidly build out a roadmap resulting in the most comprehensive and contemporary software and services platform in the industry.

Company Information

Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
106 Isabella St. 102
Pittsburgh, PA 15212
USA
Email Address
Overview
The healthcare insurance industry is in a period of unprecedented disruption and change. Babel Health's vision is to sell cost-effective software to payers that can be leveraged and managed across all programs providing utility and integration of data and processes.
Profile
Babel Health LinkedIn Company Profile
Social Media
Babel Health Company Twitter Account
Company News
Babel Health News
Facebook
Babel Health on Facebook
YouTube
Babel Health on YouTube

Management Team

Title
Name
Email & Social
Chairman
Oron Strauss
  Oron Strauss LinkedIn Profile  Oron Strauss Twitter Account  Oron Strauss News  Oron Strauss on Facebook
Chief Executive Officer
Robert Dunn
  Robert Dunn LinkedIn Profile  Robert Dunn Twitter Account  Robert Dunn News  Robert Dunn on Facebook
Chief Financial Officer
Sharon McCarthy
  Sharon McCarthy LinkedIn Profile  Sharon McCarthy Twitter Account  Sharon McCarthy News  Sharon McCarthy on Facebook
Chief Technical Officer
Mark Tobias
  Mark Tobias LinkedIn Profile  Mark Tobias Twitter Account  Mark Tobias News  Mark Tobias on Facebook
VP - Client Services
Lisa Pouncey
  Lisa Pouncey LinkedIn Profile  Lisa Pouncey Twitter Account  Lisa Pouncey News  Lisa Pouncey on Facebook
VP - Operations
Debra Kircher
  Debra Kircher LinkedIn Profile  Debra Kircher Twitter Account  Debra Kircher News  Debra Kircher on Facebook
VP - Product Management
Sree Turlapati
  Sree Turlapati LinkedIn Profile  Sree Turlapati Twitter Account  Sree Turlapati News  Sree Turlapati on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/26/2019: Blueshift venture capital transaction
Next: 4/29/2019: Loon venture capital transaction

 

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