BlueStrata Raises $1.66M Financing Round

BlueStrate, the St. Louis-based company is well positioned to compete with the largest providers in the fast paced field of HealthIT. By implementing their solution, focusing on understanding the needs of the customer and working to fully implement their product more quickly than others, they have made it possible to differentiate their approach. Since its inception in 2012, the company has been building a business base in the Midwest and is now working to expand its geographical reach. Bill Schmidt, Managing Partner of Cultivation Capital Life Sciences Fund, will join the Board of Directors as part of the investment
‘BlueStrata’s penetration of the expanding long-term care market has been impressive. With a growing customer base and a well-deserved platform solution, BlueStrata is well positioned to be a key player in an attractive market,” said Bill Schmidt, Managing Partner at Cultivation Capital.
BlueStrata plans to use the investment to deliver a strategic vision and growth plan that includes sales expansion, marketing, partnerships and the current implementation of the SaaS solution.
‘Working with experienced leaders to help quickly overcome any barriers and accelerate our strategic plans is key to sustaining our continued growth,’ says Tony Coco, President of BlueStrata. ‘We consider our partnership to be a perfect fit, combining the expertise of Cultivation Capital with the organizational momentum of BlueStrata. ”
About the Capital of Culture
The Capital of Culture is the St. Louis-based early stage venture capital firm investing in high-potential technology and life sciences companies across the Midwest Cultivation Capital is managed by a team of experienced entrepreneurs who have started more than 30 companies, raised more than $200 million and had several successful exits. Visit http://www for more information. Capital of cultivation Come on,
About BlueStrate
BlueStrata EHR is a SaaS model electronic health record system designed and tailored specifically to the needs of the long-term care market. Our mission is to improve the quality of resident care while at the same time increasing operational, administrative and financial performance. The BlueStrata implementation process integrates the customer’s workflow into the training program and enables users to adapt quickly, integrating the full EHR solution across the organization. When using our software, users experience the simplicity of entering information once in a clinical interface and increase their productivity as data is shared across the system. The system provides reliable, secure and HIPAA-compliant storage of resident health records.

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