What You Should Know:
– Kyruus, a provider search and scheduling solutions company raises $30 million in new funding from Francisco Partners, a technology-focused private equity firm.
– Kyruus will use the investment to expand its patient access platform to help health systems enhance the patient experience, both during and beyond the COVID-19 pandemic.
Kyruus, a Boston, MA-based suite of provider search and scheduling solutions for health systems, today announced that it has obtained $30 million in new funding from Francisco Partners, a leading global technology-focused private equity firm with extensive experience in healthcare IT.
A Better Match Means Better Care
Founded in 2010, Kyruus delivers industry-defining provider search and scheduling solutions that help health systems match patients with the right providers across their enterprise-wide access points. Serving more than 250,000 providers across leading health systems nationwide, the Kyruus ProviderMatch® suite of solutions—for consumers, access centers, and care settings—enables a modern and consistent patient experience, while optimizing provider utilization. The company’s award-winning provider data management platform powers each of the ProviderMatch solutions and transforms how health systems understand and manage their provider networks.
The new financing comes on the heels of a $42 million Series D round Kyruus closed late last year. At a time when the Kyruus platform has been critical to the ability for healthcare organizations to facilitate patient access during the COVID-19 pandemic, the additional funding will propel the company’s plans to expand its platform, broaden its footprint with health systems, and expand to new market segments.
“Kyruus exists to enable human beings to care for other human beings,” said Graham Gardner, MD, Co-Founder and CEO of Kyruus. “We anchored our platform on the principle that healthcare organizations could better match patients to the right providers and care settings through a data-driven approach to routing and scheduling. This ability to connect patients to the appropriate care – across virtual and in-person appointments – has never been more critical. We are excited to work with the team at Francisco Partners to accelerate our impact through a range of strategic opportunities.”
Kyruus’ funding totals over $155 million since its founding in 2010, and $72 million total in the last 6 months, following a Series D close in late 2019.