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VisiQuate Receives $50M Equity Investment from Sixth Street Growth

VisiQuate Receives $50M Equity Investment from Sixth Street Growth
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DrFirst Raises $50M in Equity Funding


DrFirst Raises $50M in Equity Funding
DrFirst, a Rockville, Md.-based health technology company, raised $50m in equity funding.
Sixth Street Growth made the investment. Following Sixth Street’s previous $35m investment and another $50m from Goldman Sachs Growth, both in 2020, DrFirst’s investment total over the past year is now $135m. In conjuntion with the funding, Lee Mooney of Sixth Street has joined DrFirst’s Board of Directors.
The company intends to use the funds to continue to expand operations and its business reach.
Led by James F. Chen, CEO and chairman, DrFirst makes e-prescription and telehealth-related software products for healthcare providers, payers and life science companies including medication management, care collaboration, medication adherence, and price transparency for prescriptions and medical procedures. The company’s solutions are used by nearly 300,000 healthcare professionals, including more than 100,000 prescribers, nearly hal ....

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SaaS provider DrFirst lands $50M to grow its business


Photo: Tassii/Getty Images
Healthcare SaaS provider DrFirst collected an additional $50 million equity investment from Sixth Street Growth, following the firm’s $35 million investment from last year.
Between Six Street Growth’s contributions and another $50 million from Goldman Sachs Growth, DrFirst has raised $135 million in the past year alone.
In addition to its investment, Sixth Street Growth principal Lee Mooney has joined DrFirst’s board of directors.
WHAT IT DOES
The Rockville, Maryland-based company provides a range of software solutions for stakeholders across the healthcare spectrum, including providers, payers and life science companies. It has products for e-prescribing, medication management, care collaboration, medication adherence and price transparency. ....

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