Nashville based healthcare Information Technology and outsourcing services' provider emids technology has raised $13.3 million in its initial fund raising round through Baird Capital and Council Capital. Both investment groups are focused on healthcare based investment opportunities and emid's platform was the perfect opportunity to land with.
emids Technologies was founded in 1999 and is head quartered in Nashville, Tennes. Company has a delivery centre in Bangalore, India. Company is growing at a CAGR of 40% over past 5 years and is expected to do so in coming years and so. Company specializes in giving partnership experience to its customers.
This investment will be a milestone in emid's growth trajectory, which should continue with its organic growth trajectory. Company expects to remake healthcare through health care and IT. As per Mr. Saurabh Sinha, emid's CEO, Baird capital and Council Capital are the ideal partners to work with amid the growing need og IT and customizable solution's need for every healthcare organization.
Brentwood Capital Advisors served as financial advisor to amid for this deal.
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