Tech Company Financing Transactions
Babel Health Funding Round
Babel Health, operating out of Pittsburgh, secured $1.5 million in investment from private investors and Pamplona Capital Management.
Transaction Overview
Company Name
Announced On
3/14/2017
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Undisclosed
Investors
private investors (Lead Investor)
private investors (Alan Hoops)
Pamplona Capital Management (Mark Pacala)
Proceeds Purpose
The funding will be used to support Babel's ongoing product development efforts and to accelerate sales and marketing endeavors.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
106 Isabella St. 102
Pittsburgh, PA 15212
USA
Pittsburgh, PA 15212
USA
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Oron Strauss
Chief Executive Officer
Robert Dunn
Chief Financial Officer
Sharon McCarthy
Chief Technical Officer
Mark Tobias
VP - Client Services
Lisa Pouncey
VP - Operations
Debra Kircher
VP - Product Management
Sree Turlapati
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