Lightspeed Venture Partners leads $18.3 mln funding in Evariant

Lightspeed Venture Partners has led an $18.3 million Series B funding round in Evariant, a software-as-service company focusing on the healthcare provider market. Lightspeed was joined by Dignity Health, salesforce.com and Series A investor Health Enterprise Partners. Chris Schaepe, partner at Lightspeed, will join Evariant’s board.

Press Release

Evariant, a leading software-as-a-service (SaaS) company serving the healthcare provider market, announced today that it has raised $18.3 million in Series B financing.

The investment was led by Lightspeed Venture Partners with Dignity Health, salesforce.com and Series A investor Health Enterprise Partners also participating. Chris Schaepe, a partner at Lightspeed, will join Evariant’s Board of Directors.

“Evariant is a category leader transforming the way healthcare service providers manage their businesses across a number of increasingly related areas.” said Schaepe. “By integrating the management of patient and physician relationships, execution of marketing campaigns and analysis of costs and quality of services delivered; Evariant customers gain a distinct advantage in this increasingly competitive healthcare market.”

Evariant has emerged as one of the fastest-growing SaaS companies in the healthcare provider market, delivering a suite of innovative solutions that help hospitals identify and execute on the most important strategic growth, patient engagement, and physician alignment initiatives.

“Healthcare Providers are faced with tremendous challenges as they balance the transition from volume to value-based organizations,” said William Moschella, Evariant CEO and Co-founder. “Hospitals need access to big data, analytics and digital communication capabilities to turn clinical data into meaningful insights that drive proactive conversations. By providing these solutions on an integrated platform, we enable our customers to realize efficient patient, physician and employer engagement strategies.”

About Evariant
Evariant combines digital marketing solutions, big data and analytics into a unified platform. This allows healthcare organizations to identify opportunities, measure marketing campaigns against reportable ROI and improve patient, physician and employer engagement. For more information visit www.evariant.com. You can also follow us on Twitter, Facebook and LinkedIn.

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