LaunchPoint, a provider of information-centric enterprise business solutions and services, announced today the close of a private Series B financial raise of $3.5 million, bringing total corporate investments to $6.7 million. Backers include the roster of existing LaunchPoint Series A investors and new private contributors.
Founded in 2008, LaunchPoint has served 30 customers through its two divisions: Ajilitee, a consulting and services firm that specializes in agile analytics, business intelligence, cloud enablement, and information management; and Discovery Health Partners, a provider of intelligent healthcare cost containment solutions that include subrogation, coordination of benefits and dependent eligibility verification. Customers include leading healthcare payers, provider networks, academic medical centers, and self-insured corporations.
In 2011, LaunchPoint revenue grew by ten-fold and its customer base doubled. LaunchPoint now employs more than 40 people. This latest financial raise will be allocated toward new customer onboarding and continued software-as-a-service (SaaS) solution development.
LaunchPoint founders previously served in leadership capacities with HP Worldwide Information Management Services and as founders and executive management of Knightsbridge Solutions, a leading business intelligence consultancy acquired by HP in 2006.
About LaunchPoint LaunchPoint is a provider of information-centric enterprise services and solutions for healthcare organizations. Corporate divisions Ajilitee and Discovery Health Partners deliver highly flexible, scalable and cost-efficient solutions that enable customers to innovate with information and advance their competitive position. More information is available at