rater8 Closes Series A Funding
rater8, a Montvale, NJ-based company that provides healthcare reputation management and patient feedback solutions, has closed Series A funding.
rater8, a Montvale, NJ-based company that provides healthcare reputation management and patient feedback solutions, has closed Series A funding.
Investors
The round was led by Elsewhere Partners.
Founded in 2017, Elsewhere Partners is a growth/expansion firm based in Austin, Texas. The firm prefers to invest in B2B software and technology-enabled services sectors located outside of traditional venture capital hubs.
rater8 Use of Funds
The company will use the funds to expand its market presence among medical practices and hospitals of various sizes. Additionally, the funds will be allocated towards team expansion, strengthening industry partnerships, and enhancing its SaaS solutions to cater to the evolving needs of patients and the modern healthcare community.
About rater8
rater8 is a company that provides SaaS solutions that enable medical practices and providers to effortlessly garner 5-star patient reviews on leading sites and gather real-time patient feedback. Through its user-friendly platform, healthcare professionals can collect real-time patient feedback via satisfaction surveys, benchmark their performance against similar practices nationwide, and drive operational improvements without burdening patients with lengthy surveys. Based in Montvale, New Jersey, rater8 serves hundreds of practices and hospitals of all sizes and specialties.
Funding Details
Company: rater8, LLC
Raised: Undisclosed
Round: Series A
Funding Month: April 2024
Lead Investors: Elsewhere Partners
Additional Investors:
Company Website: https://rater8.com/
Software Category: Reputation Management and Patient Feedback Solutions
