Advanced Practice Strategies, Inc. (APS), provider of an e-learning and talent management platform for clinicians, announced today the completion of a $12M Preferred Series C capital raise led by River Cities Capital Funds, a growth equity firm investing in healthcare and IT companies. Incumbent investor Ascension Ventures also participated.
Trax Technologies, Inc., the provider of a leading global logistics SaaS platform, has announced that Strattam Capital, LLC, a private equity firm focused on core enterprise information technology and services, will take a majority stake in the company. Strattam is investing in partnership with Trax’s current management team, led by Founder and CEO J. Scott Nelson. Strattam […]
River Cities led a $9 million investment in Canvas, the global leader in mobile apps for collecting and sharing business information.
This study considers operating metrics from 66 public SaaS companies during their developmental period (pre-$50M in revenue). This report is meant to offer entrepreneurs insight into River Cities’ perspective and experience gained from more than 13 years of supporting SaaS entrepreneurs.
Kindred Healthcare announced that it has signed a definitive merger agreement to acquire Centerre Healthcare, a national company dedicated to operating Inpatient Rehabilitation Hospitals, for a purchase price of approximately $195 million in cash.