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Data Center News > Blog > Investments > Loyal Closes $33.5M Series B Funding
Investments

Loyal Closes $33.5M Series B Funding

Last updated: July 23, 2024 4:54 am
Published July 23, 2024
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Loyal, an Atlanta, GA-based healthcare expertise firm targeted on digital affected person engagement, raised $33.5M in Sequence B funding.

Backers included Harmony Well being Companions and a number of strategic buyers.

The corporate intends to make use of the funds to supply sources to broaden its buyer base and product improvement, assist buyer success and speed up development.

Based by Chad Mallory, Loyal gives a client expertise platform for improved care utilization. Utilized by the nation’s well being programs and hospitals, its AI-powered answer makes it simpler for sufferers to attach and entry care throughout their complete well being journey, thereby driving loyalty with their trusted well being supplier.

The platform has a buyer base of 38 well being programs.

Chad Mallory has determined to step down from his place as Chairman and CEO, with the total assist of the Board, to transition right into a Senior Advisor function, efficient July 26. Saurabh Sinha, Founder and Chairman of the Board of Administrators of Emids Applied sciences, has been appointed Chairman of the Loyal Board of Administrators and can assist lead an effort to recruit extra experience to Loyal and construct on the success of the Firm. Moreover, Mark Hipp has joined the Loyal Board of Administrators, bringing in depth expertise in advising high-growth expertise enabled companies.

FinSMEs

22/07/2024

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See also  Atraverse Medical Raises $12.5M in Seed Funding
TAGGED: 33.5M, Closes, Funding, Loyal, Series
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