We are pleased to welcome Boston-based Zakipoint Health into the RevUp portfolio! Cofounders Ramesh Kumar (CEO) and Bijay Ghimire (CTO) created the healthcare analytics and communication company to give a wide spectrum of customers a better way to manage runaway healthcare costs. Today, Zakipoint's best-in-class platform, reporting, and engagement tools empower employers, benefits consultants, and third-party administrators to bend the cost curve. Using their technology, companies have reduced their healthcare risks by 20% and achieved major cost savings on their healthcare spend.
How? Zakipoint's platform enables third-party administrators, benefits consultants and employers to drive down healthcare costs by steering individuals to better and lower cost decisions. The platform is a SaaS-based tool that integrates all healthcare data, enabling a customer to analyze claims, population risks, and provider and benefit plan performance in one place, and then take action through a library of recommended cost-containment actions. Zakipoint also offers a white-labeled mobile app that brings those recommendations to the individual, with incentives to better manage their own health.
We are thrilled to welcome Zakipoint to the RevUp family. Stay tuned for updates on this healthtech superstar!
More About RevUp Capital RevUp Capital invests in B2B and B2C companies that are revenue-driven and ready to double down on growth. We deploy cash and capacity to help companies grow from $1-3M to $10-30M, quickly and efficiently, using a revenue-based model. Companies enter our portfolio with $500K-$3M in revenue, a strong growth rate, and a team that’s ready to scale. Our typical investment range is $300K-$500K.
We invest into a company's market-facing activity using a cash and capacity model. We pair our cash investment with dedicated support from the RevUp Growth Platform: a powerful resource to build a data-driven growth engine, delivered by people who get the work done. Rather than take equity, companies return investment through a small percentage of revenue over time. More at www.revupfund.com)