SocialClimb, a leading Software-as-a-Service Healthcare Marketing Platform, announced today that they raised $8.5 million of growth capital from Spring Capital Partners and Resolve Growth Partners to further accelerate growth. Over the past two years, the Company has continued its expansion upmarket to larger practices and hospital groups. This investment will focus on driving additional product development and market expansion into those segments.
Since founding, the SocialClimb platform has interacted with millions of patients per month to attract them to practices and physicians that can help improve their health. The number of patients influenced by SocialClimb to drive better healthcare continues to double at an aggressive pace and this investment will further accelerate the pace of growth.
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“SocialClimb, a SaaS Healthcare Marketing Platform, Secures $8.5 Million in Growth Funding.”
“We are very excited about the growth of our business over the past two years. This latest round of funding with Spring Capital and Resolve is further validation of the large and growing market opportunity for us,” said Ty Allen, SocialClimb CEO. “This capital will enable us to continue our innovation and aggressive growth.”
The SocialClimb Healthcare Marketing Platform enables physician-owned practices, Private Equity owned practices, and large hospital groups to strategically and cost-effectively acquire new patients. SocialClimb’s suite of marketing tools enables digital marketing for individual physicians at scale and drives patient acquisition and growth.
“SocialClimb’s platform allows healthcare groups to identify and target prospective patients in HIPAA-compliant and unique ways. The platform tracks patient acquisition costs from marketing efforts down to an individual patient name – gone are the days of marketing guesswork in healthcare. Spring Capital is excited to partner with SocialClimb as they continue to transform healthcare marketing through innovation.” said Chad Rigdon, Director at Spring Capital.
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