Tech Company Financing Transactions
Spencer Health Solutions Funding Round
Spencer Health Solutions, operating out of Morrisville, secured $43 million from private investors.
Transaction Overview
Company Name
Announced On
8/31/2023
Transaction Type
Venture Equity
Amount
$43,000,000
Round
Series D
Investors
Proceeds Purpose
The company intends to use the funds to support continued growth in those markets including capital for devices, new operational team members, and sales and marketing resources.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
2501 Aerial Center Pkwy, 100
Morrisville, NC 27560
USA
Morrisville, NC 27560
USA
Phone
Email Address
Overview
Spencer Health Solutions got its start from a medical encounter that many people are familiar with. Tom Rhoads experienced the stress and uncertainty of his father's trip to the emergency room, which hit its peak when the doctor came out and asked Tom what medications his father was on. There was no easy answer to that seemingly easy question. With his background in pharmaceuticals and entrepreneurship, Tom knew there had to be better ways to care for patients -- and that he could be the one to put a team together to make that happen.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Rhoads
Chief Scientific Officer
Alan Menius
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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