Tech Company Financing Transactions

GTESS Funding Round

GTESS, based in Irving, secured $12 million in funding from HLM Venture Partners, General Catalyst Partners and Kodiak Venture Partners.

Transaction Overview

Company Name
GTESS
Announced On
5/2/2005
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors

HLM Venture Partners (Lead Investor) (Peter Grua)

General Catalyst Partners (John Simon)

Kodiak Venture Partners (Lou Volpe)

Proceeds Purpose
GTESS will use the capital to continue to invest in the development and marketing of automated, integrated technology-based solutions for health plans, benefit administrators and network providers.

Company Information

Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
2701 E. Grauwyler Rd.
Irving, TX 75061
USA
Phone
800.226.2832
Website
www.gtess.com
Email Address
[email protected]
Overview
GTESS Corporation provides business process outsourcing (BPO) solutions that help healthcare plans and benefit managers automate the management and administration of healthcare payment systems, greatly improving process efficiencies and productivity, while reducing errors, overpayments and costs.
Profile
GTESS LinkedIn Company Profile
Social Media
GTESS Company Twitter Account
Company News
GTESS News
Facebook
GTESS on Facebook
YouTube
GTESS on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Kevin Naughton
  Kevin Naughton LinkedIn Profile  Kevin Naughton Twitter Account  Kevin Naughton News  Kevin Naughton on Facebook
Chief Operating Officer
Donna Taylor
  Donna Taylor LinkedIn Profile  Donna Taylor Twitter Account  Donna Taylor News  Donna Taylor on Facebook
VP - Client Services
Angela Hintz
  Angela Hintz LinkedIn Profile  Angela Hintz Twitter Account  Angela Hintz News  Angela Hintz on Facebook
VP - Operations
Sherry Schmidt
  Sherry Schmidt LinkedIn Profile  Sherry Schmidt Twitter Account  Sherry Schmidt News  Sherry Schmidt on Facebook
VP - Sales
Kevin Bittner
  Kevin Bittner LinkedIn Profile  Kevin Bittner Twitter Account  Kevin Bittner News  Kevin Bittner on Facebook
VP - Sales
Jim Gallagher
  Jim Gallagher LinkedIn Profile  Jim Gallagher Twitter Account  Jim Gallagher News  Jim Gallagher on Facebook

 

 

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Prev: 5/2/2005: GHN-Online venture capital transaction
Next: 5/2/2005: Mindjet venture capital transaction

 

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We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

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