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Classified in: Health, Science and technology, Business
Subject: VEN

Panoramic Ventures Continues to Invest in the Future of Healthcare


ATLANTA, Nov. 16, 2021 /PRNewswire/ -- Panoramic Ventures today announced its participation in a significant financing round for Trella Health led by private equity firm Cressey & Company LP, a top investor in healthcare services and healthcare tech companies. Trella Health, a provider of actionable insights for healthcare networks, accountable care organizations (ACOs), and the post-acute care market, has been a Panoramic Ventures portfolio company since 2016.

The investment underscores Panoramic's continuing focus on healthcare tech solutions that help to increase care efficiencies, lower costs, and improve overall healthcare outcomes. In addition to Trella Health, companies in Panoramic's current investment portfolio include:

Panoramic has a long track record of making successful investments in the healthcare tech space, with notable exits including Ingenious Med, REACH Health, Vendormate, and Aspirion.

"As a supporter of Trella Health's mission of creating optimal care networks that yield superior outcomes and greater efficiencies, we're pleased to take part in its latest financing round to fuel its continued growth," said Mark Buffington, Managing Partner of Panoramic Ventures. "Data-driven decisions are key to improving how our healthcare system in the United States operates. We look forward to continuing to support Trella as it reshapes how decisions are made around patient care to augment quality and lower costs."

U.S. national healthcare expenditure reached $3.8 trillion in 2019, or $11,582 per person, and is estimated to reach $6.2 trillion by 2028.

About Panoramic Ventures
Panoramic Ventures is a venture capital firm based in Atlanta that takes a "wider-view" approach to investing by targeting the Southeast and Midwest and placing a focus on diverse founders and university startups. Panoramic opens new doors for overlooked founders, giving more entrepreneurs access to capital to build leading tech companies. For more information, visit www.panoramic.vc or follow Panoramic Ventures on LinkedIn, Instagram, or Twitter @panoramicvc.

Media Contact:
Kathy Berardi 
media@panoramic.vc 
678.644.4122 

SOURCE Panoramic Ventures


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News published on 16 november 2021 at 13:17 and distributed by: