SocialClimb, a Lehi, Utah-based Software-as-a-Service healthcare marketing platform, announced that it raised $8.5 million of growth capital from Spring Capital Partners and Resolve Growth Partners to accelerate growth further.
The Company has continued its upmarket expansion to larger practices and hospital groups over the last two years.
This investment will focus on driving additional product development and market expansion into those segments.
"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."
Thousands of physicians and practices across the country use SocialClimb's SaaS platform to improve their digital presence, target new patients, and meet aggressive growth targets.
Company: SocialClimb, LLC.
Raised: $8.5M
Round: Growth Funding
Funding Month: November 2022
Lead Investors: Spring Capital Partners and Resolve Growth Partners
Additional Investors:
Company Website: https://socialclimb.com/
Software Category: Healthcare Marketing Platform
About the Company: SocialClimb is a healthcare marketing platform that connects physicians and their best-fit patients online. 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. Its suite of marketing tools allows digital marketing for individual physicians at scale and drives patient acquisition and growth. It helps healthcare providers target and attract patients by improving their reputations, dominating local search, and growing the value of their healthcare facility, no matter how large or small. In addition to helping providers collect reviews and improve their rankings, its industry-leading platform uses deep analytics to deliver targeted reputation ads to attract the most profitable patients. SocialClimb has thousands of customers across the United States.
Source: https://www.prnewswire.com/news-releases/socialclimb-secures-8-5-million-in-growth-funding-from-spring-capital-and-resolve-growth-partners-301671537.html