Tech Company Financing Transactions
Loyal Funding Round
On 7/22/2024, Loyal received $33.5 million in Series B investment from Concord Health Partners and private investors.
Transaction Overview
Company Name
Announced On
7/22/2024
Transaction Type
Venture Equity
Amount
$33,500,000
Round
Series B
Investors
Concord Health Partners (James Olsen)
Proceeds Purpose
The company intends to use the funds to provide resources to expand its customer base and product development, support customer success and accelerate growth.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
756 West Peachtree St. Northwest
Atlanta, GA 30308
USA
Atlanta, GA 30308
USA
Phone
Undisclosed
Website
Email Address
Overview
Loyal started in 2015 as Transparently with a core belief: Too many patients are making healthcare decisions without the information they want or need. While there are mounds of data generated in healthcare, it's only creating more confusion. Today as Loyal, we strive to continue to erase that confusion by giving the power back to the health systems that have spent decades earning the trust of their patients.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chad Mallory
President
Brian Gresh
VP - Engineering
Jamie Futch
VP - Finance
Matthew Philippi
VP - Product Management
Amira Pettus
VP - Product Management
Abhi Sharma
VP - Sales
Steph Geissinger
Browse more venture capital transactions:
Prev: 7/22/2024: Cohere venture capital transaction
Next: 7/22/2024: The Bouqs venture capital transaction
Share this article
About Database of VC Transactions
We document every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs