MediSpend Receives The greater part Expansion Financial commitment From Susquehanna Expansion Equity

PORTSMOUTH, N.H.–(Enterprise WIRE)–MediSpend (or the “Company”), a world wide technological innovation firm supplying finest-in-course alternatives for the lifetime sciences field, today introduced that it has received a bulk financial commitment from Susquehanna Advancement Equity, LLC (“SGE”), an entrepreneur-centric progress fairness agency solely targeted on software package and information providers companies. SGE’s prior investments across the broader healthcare vertical consist of Evive, HMP World, iContracts, MMIT, ProviderTrust and RLDatix. Money terms of the financial commitment had been not disclosed.

MediSpend is a worldwide technology business delivering very best-in-class answers for the daily life sciences marketplace, enabling some of the world’s most significant pharmaceutical, professional medical machine and rising biotech corporations to compliantly take care of high-threat business enterprise features as a result of leading-rated program and customer providers. The MediSpend World-wide Compliance Suite represents the industry’s initially world-wide SaaS remedy goal-built to manage the finish-to-close course of action of health care company (HCP) engagement via transparency reporting, which incorporates application that facilitates exterior grant requests. The new partnership will speed up and help MediSpend’s merchandise and consumer growth across the broader life sciences market.

“We are amazingly fired up to companion with the Susquehanna Growth Equity staff as we progress into our subsequent phase of organization development,” said Craig Hauben, CEO of MediSpend. “This partnership will market investments throughout the organization as we develop our merchandise presenting to proceed our mission to help be certain close-to-close compliance for our clients.”

“We are thrilled to spouse with MediSpend, a crucial innovator inside the global existence sciences market whose compliance suite consists of transparency, engagement and grants management capabilities all bundled jointly in a solitary program and workflow remedy,“ claimed Scott Feldman, Handling Director at SGE “MediSpend is goal-built for integration around the globe, enabling consumers to seamlessly deal with increasingly sophisticated reporting specifications in unique geographies across the globe.”

In conjunction with the transaction, Scott Feldman, Managing Director at SGE will join MediSpend CEO, Craig Hauben, and present buyers Steve Eaton and Dave Cormack on the Board of Administrators.

ABOUT MEDISPEND

MediSpend is a world technologies business offering best-in-class options that enable lifestyle science companies to compliantly handle higher-hazard business functions as a result of prime-rated computer software and shopper services. MediSpend is the compliance procedure of record for some of the world’s most significant pharmaceutical, professional medical product, dental and emerging biotech corporations all over the entire world. The MediSpend World-wide Compliance Suite signifies the industry’s 1st world SaaS option function-developed to take care of the conclude-to-close method of HCP engagement by means of transparency reporting, which involves application that facilitates external grant requests. MediSpend is headquartered in Portsmouth, N.H., with places of work in Minnesota, New York, Pennsylvania and the Netherlands. Take a look at MediSpend on-line at www.medispend.com.

ABOUT SUSQUEHANNA Development Fairness

Susquehanna Progress Equity, LLC (SGE) is an entrepreneur-centric development equity fund with versatile cash and time horizons. SGE is solely focused on expansion-phase software program, online and data products and services companies. The business has invested over two billion dollars in 60+ current market-foremost technology firms around the previous 15 several years and has portfolio companies throughout the US, Canada, EU, and Israel. SGE is backed by a one of a kind and individual source of money, enabling the organization to give business people and administration teams independence and adaptability to maximize progress. To learn a lot more, be sure to visit www.sgep.com.