BIP Capital, one of the most active early-stage investors in the Southeast, has announced the opening of a second office in Greenville, South Carolina. The Atlanta-based VC firm has also made an investment in the city’s ecosystem, leading the Series A round of healthtech company ChartSpan.
Greenville’s ChartSpan is the largest healthcare managed service provider for chronic care management programs in the U.S. They offer a secure desktop app, free for patients of participating healthcare providers, which allows users to input, organize, request and send health records, prescriptions, over-the-counter medications, and lab results.
The platform provides chronic care patients with a 24/7 nurse line, help with care coordination between different providers, and the ability to track specific health goals. Providers gain the benefit of higher patient engagement and better treatment adherence.
“We’ve been searching for something in the chronic care management space for three years,” BIP Capital CEO Mark Buffington Mark Buffingtontells Hypepotamus.
“ChartSpan was the first company we found that we think has built a truly replicable, scalable business model, especially for the call center space,” he says.
BIP Capital is coming in as lead investor for ChartSpan’s $15 million Series A, which also included Blue Heron Capital, Bailey Southwell & Co., C&B Capital, and Service Provider Capital.