Member News
Lifesprk gets $16 Million Series A investment
Lifesprk has raised a $16.1 million Series A round of funding that is plans to use to invest in an electronic-records system, step up hiring and create new partnerships.
The investment was led by California-based Virgo Investment Group. Minnetonka-based Cherry Tree & Associates served as an adviser on the deal.
“The traditional model of health care is siloed, broken, and confused in payment reform,” said Lifesprk CEO Joel Theisen. “Now is the time to capitalize on immediate market opportunities for true disruption.”
Read the full story in the Minneapolis/St. Paul Business Journal.