Tech Company Financing Transactions

AscendHealth Funding Round

AscendHealth closed a $20.1 million Series B funding round on 12/31/2006. Investors included Polaris Partners, CHL Medical Partners and Three Arch Partners.

Transaction Overview

Company Name
AscendHealth
Announced On
12/31/2006
Transaction Type
Venture Equity
Amount
$20,100,000
Round
Series B
Investors

Polaris Partners (Lead Investor) (Brian Chee)

CHL Medical Partners (Jeffrey Collinson)

Three Arch Partners (Mark Wan)

Proceeds Purpose
Richard Kresch, M.D., President and CEO said, "This new capital will allow the Company to accelerate the rollout of our innovative business model and delivery of much needed psychiatric care to patients in underserved markets across the country."

Company Information

Company Status
Acquired or Merged
Industry
Healthcare Services
Mailing Address
280 Madison Ave. 305
New York, NY 10016
USA
Phone
888-320-8101
Website
www.ascendhealth.net
Email Address
[email protected]
Overview
The AscendHealth Corporation is a newly established behavioral healthcare company whose President and CEO, Richard Kresch, M. D., has maintained a successful 30 year leadership and entrepreneurial record in both the not-for-profit and proprietary sectors.
Profile
AscendHealth LinkedIn Company Profile
Social Media
AscendHealth Company Twitter Account
Company News
AscendHealth News
Facebook
AscendHealth on Facebook
YouTube
AscendHealth on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Richard Kresch
  Richard Kresch LinkedIn Profile  Richard Kresch Twitter Account  Richard Kresch News  Richard Kresch on Facebook
Chief Financial Officer
Steve Page
  Steve Page LinkedIn Profile  Steve Page Twitter Account  Steve Page News  Steve Page on Facebook
Chief Operating Officer
Neal Cury
  Neal Cury LinkedIn Profile  Neal Cury Twitter Account  Neal Cury News  Neal Cury on Facebook
VP - Finance
Cathi Ledet
  Cathi Ledet LinkedIn Profile  Cathi Ledet Twitter Account  Cathi Ledet News  Cathi Ledet on Facebook
VP - Marketing
Randy Kaniecki
  Randy Kaniecki LinkedIn Profile  Randy Kaniecki Twitter Account  Randy Kaniecki News  Randy Kaniecki on Facebook
VP - R & D
Tom Rourke
  Tom Rourke LinkedIn Profile  Tom Rourke Twitter Account  Tom Rourke News  Tom Rourke on Facebook

 

 

Browse more venture capital transactions:

Prev: 12/31/2006: SARCode Bioscience venture capital transaction
Next: 12/31/2006: Miasole venture capital transaction

 

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