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Advised by Lawrence, Evans & Co., MedWorxs Secured Growth Capital from Grenville SRC
- Date April 1, 2017
- Transaction type Financing
- Industry Healthcare, Healthcare Technology, Software, Technology
Grenville Strategic Royalty Corp. has provided MedWorxs LLC with $150,000 in growth capital as a result of a connection made with Lawrence, Evans & Co., LLC on Axial.
Grenville’s investment partners, Foregrowth Holdco Inc. and Darwin Strategic Royalty Corp., invested alongside Grenville, for a total commitment from the three parties of $300,000 to MedWorxs.
Medworxs is a privately-held, Denver-based company that provides inpatient and ambulatory software solutions to healthcare facilities through its proprietary cloud-based, software-as-a-service platform. Its service offering includes electronic health records, ambulatory health records, revenue cycle management software, financial and management software.
This is the second deal Grenville SRC has closed as a result of their Axial membership.
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