Tech Company Financing Transactions
Ontrak Funding Round
Goldman Sachs participated in a $45 million capital raise for Ontrak. The round was announced on 9/27/2019.
Transaction Overview
Company Name
Announced On
9/27/2019
Transaction Type
Debt
Amount
$45,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Catasys intends to use the proceeds to retire the Company's existing credit facilities, continue scaling new contracts and expansions, invest in additional technology enhancements, develop new products including the Catasys PRE platform, and provide excess capital for growth.
Company Information
Company Status
Publicly-held
Industry
Healthcare IT
Mailing Address
2120 Colorado Ave. 230
Santa Monica, CA 90404
USA
Santa Monica, CA 90404
USA
Phone
Website
Email Address
Overview
Ontrak (formerly Catasys) is a leading AI and technology-enabled healthcare company. Its Catasys PRE (Predict-Recommend-Engage) platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages people who aren't getting the care they need.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 9/27/2019: Zylo Therapeutics venture capital transaction
Next: 9/27/2019: Teampay venture capital transaction
Share this article
About Our VC Transactions Data
Our team works diligently to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs