Quantis Inc's latest series B financing round saw the receipt of USD7.5 million tranche from an overall amount of USD10 million investment from Safeguard Scientifics Inc. The remaining USD2.5 million came from other investors such as Fuse Capital.
Quantia's main business is the operation of a web-based mobile physician relationship management system named QuantiaMD. This system allows healthcare professionals, including pharmaceutical firms, medical device companies, healthcare systems and paying agencies to interact with medical professionals for revenue generation purposes. The system has become one of the most efficient ways wherein all parties are able to reduce cost, save time and improve quality of care for its stakeholders.
According to Safeguard Scientifics Managing Director for Healthcare Gary Kurtzman MD, "We are excited to work with a seasoned management team that has a deep understanding of technology, healthcare data, healthcare analytics, social meda and physician engagement. Decisions made by physicians and other healthcare providers drive approximately 80% of nearly USD3 trillion annual healthcare spend(sic) in the US. Quantia offers a highly differentiated digital platform that actively engages its growing network of physicians by providing meaningful content and an online forum to discuss important and relevant issues. In addition, Quantia provides a unique way for health syatems, payers, pharma and medical device companies to actively engage physicians."
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