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SoloHealth Closes Major Financing Round; Plans Nationwide Rollout for 2012 October 21, 2011
By: Bart Foster |
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Today we are announcing we have closed $8.2 million in a round led by healthcare IT industry veteran and founder of HBOC, Walter Huff, bringing our total raised to nearly $13 million. This is incredibly exciting news for our company. I must acknowledge a big “thank you” to my entire team here at SoloHealth. Everyone—and I mean every single team member—has helped contribute to our success.
We are excited and energized about today’s news as we enter into a pivotal and opportunistic time in our business with the planned nationwide rollout of our award-winning SoloHealth Station. We’ve had a tremendously positive response from all the audiences that the SoloHealth Station touches – consumers, retailers, health and wellness marketers, and the healthcare industry – and are quite bullish on our ability to contribute towards a healthier, more efficient American healthcare system.
I’m sure many of you have seen or used the blood pressure machines located in retailers across America. As you know, they are extremely out-dated, especially compared to the next-generation SoloHealth Station, a comprehensive, state-of-the-art health and wellness screening kiosk that improves overall healthcare access by empowering consumers to take health into their own hands. Our goal is to replace many of the 25,000 out-dated blood pressure machines currently found in retail locations nationwide.
Additionally, we are proud to announce several growth statistics including that we have tripled our Atlanta workforce since January, adding jobs in IT, Sales, Finance, Operations, and HR. We also plan to hire approximately 50 additional staff during next 18 months including a CFO, Marketing Director and Ad Sales executives, effective immediately.
Stay tuned as we prepare for this exciting and fast-moving time for our company!
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