Follow-on Financing from RevTek Capital Continues to Fuel the Growth of PaxeraHealth
RevTek demonstrates its commitment to partnership with its fourth round of funding for PaxeraHealth. PaxeraHealth continues to build on its strong and growing recurring revenue business model, and RevTek continues to provide funding as needed to support this growth. RevTek Capital provided PaxeraHealth with this fourth round of funding within days, allowing PaxeraHealth to focus on sales and operations while not getting distracted by an extended process of raising capital.
RevTek Capital understood the potential of PaxeraHealth’s innovative medical imaging platform and next-generation technology to automate clients’ workflow, elevate patient care, and improve clinical, financial, and operational outcomes. The recent financing round is a testament to RevTek Capital’s creative loan structuring and commitment, allowing PaxeraHealth to accelerate growth and gain market share.
PHOENIX, ARIZONA, UNITED STATES, April 2024
World-leading AI imaging platform developer
PaxeraHealth Corp™ is a world-leading, innovative medical imaging platform developer based in Boston, MA. They design next-generation technology to automate clients’ workflow, elevate patient care, and improve clinical, financial, and operational outcomes.
Leveraging technology and staying at the forefront of new imaging technological developments is our top priority at PaxeraHealth, which is why we are considered pioneers in the imaging industry for artificial intelligence. They offer ‘Algorithms as a Service’ and a zero-coding authoring platform to enable healthcare systems to self-develop and expedite the production of clinically validated imaging AI algorithms. Additionally, we have developed native AI algorithms for our imaging platforms that concurrently aid with analyzing large sets of data, prioritizing high-risk studies, decreasing reading times, and reducing false positives and costly patient recalls.
Their team of professionals is composed of seasoned developers, product specialists, and analysts who help shorten the learning curve and allow their customers (radiologists and clinicians) to recognize the value immediately. They customize their services to solve challenges regarding accessing medical imaging and reports, archiving, sharing, and staying secure and cost-effective.
Here’s why radiologists and clinicians love their high-tech platform:
Develop and provide a full range of imaging solutions
Cost-effective, scalable solutions that meet any size healthcare facility’s needs
All solutions comply with industry standards, work flawlessly and efficiently, and have low maintenance costs with high up-times
Optimum consultation and sales services through our regional offices and an extensive distributor network
User-friendly and customizable interface with multi-lingual interface support
RevTek Capital Fuels PaxeraHealth’s Growth
RevTek Capital recognized the immense potential of PaxeraHealth’s innovative medical imaging platform and next-generation technology to automate clients’ workflow, elevate patient care, and improve clinical, financial, and operational outcomes. The recent financing round is a testament to RevTek Capital’s commitment to supporting businesses in redefining and extending their industry profile. Helping its customers create exceptional performance, results, and value is everyone on the team’s mission. Scott Peters, CEO and founder of RevTek Capital, expressed his enthusiasm for the relationship:
“PaxeraHealth’s dedication to helping radiologists and clinicians excel across the country resonates deeply with our mission at RevTek Capital. We believe that by providing the financial resources they need, PaxeraHealth will continue its exceptional performance and growth.”
For more information about PaxeraHealth and its mission to solve challenges regarding accessing medical imaging and reports, archiving, sharing, and staying secure and cost-effective, please visit www.paxerahealth.com.
About RevTek Capital
RevTek Capital is an Industry-leading capital provider that provides strategic debt financing of $2MM to $20MM+ in tranches to innovative companies with predictable annual recurring revenue (ARR) of $3MM+. The funding is used for sales growth, acquisitions, and enhancing infrastructure for scaling operations. Each company’s debt structure is customized to its unique accomplishments and circumstances.
RevTek leverages years of lending and entrepreneurial experience. This allows them to provide customized credit solutions to growing companies with predictable recurring revenue nationwide. We aim to help entrepreneurs grow their businesses while maximizing enterprise value for owners, management teams, and shareholders. In addition, the professional team at RevTek has many years of experience in marketing and operations to assist their clients.
Key Benefit Summary
- Helping founders realize their vision
- Cost-effective capital for growing tech-enabled companies
- The company leadership retains control
- Repayment is structured into simple and manageable monthly payments
- Faster access to funding – closing in as little as four weeks
If you need capital to give your tech-enabled business the next boost it needs or need more advice on how to grow your business, please get in touch with us at www.revtekcapital.com.
