Vesta Healthcare Raises $65 Million in Financing to Propel Growth
Horizon Technology Finance Corporation (HRZN)
Last horizon technology finance corporation earnings: 4/28 04:15 pm
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Vesta Healthcare, a virtual care provider group for people with home care, today announced the close of $65 million in a Series C round with new debt financing.The equity round was led by Boston-based RA Capital Management, with participation from Oak HC/FT, Chrysalis Ventures, CareCentrix/Walgreens, Nationwide, Kaiser Permanente Ventures, Lux Capital, Generator Ventures, Deerfield Management and others. Debt financing was provided by Horizon Technology Finance Corporation, an affiliate of Monroe Capital.“The home is the last frontier of healthcare, and caregivers are the most vital yet disconnected resource in the delivery system,” said Randy Klein, CEO of Vesta Healthcare. “We’re proud of what we’ve built with the support of our existing investors and thrilled for RA Capital Management, Chrysalis and Horizon to join the team.”Vesta Healthcare is one of the fastest-growing specialized providers in the country. Now serving more than 50,000 people, Vesta
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