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Kyruus Snags an Extra Investment of $4M from Salesforce Ventures


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The walls of the two-story office of Kyruus are decorated with values and quotes linked to Kyruus's mission: providing better access to healthcare services. (Photo by Lucia Maffei / BostInno)

Kyruus, a Boston-based analytics and scheduling software provider for healthcare systems, announced on Tuesday a strategic investment from Salesforce Ventures, the corporate investment group of the Californian cloud computing company.

The announcement followed the filing of a Form D with the Securities and Exchange Commission in early October. The regulatory filing worth $14 million is an amendment to the company's previously announced round, according to a Kyruus's spokesperson.

In April this year, Kyruus announced it raised a $10 million round from Providence Ventures, the venture capital fund of Providence St. Joseph Health. Other investors in Kyruus include Venrock, Highland Capital, New Leaf Venture Partners, Leerink Transformation Partners, F-Prime Capital Partners, Fidelity Biosciences, McKesson Ventures and Lux Capital.

The $4 million strategic investment from Salesforce Ventures accompanies the launch of ProviderMatch for Salesforce, a new software providing health system access centers with a seamless process for matching and booking patients with the right providers through an end-to-end provider search, scheduling and data management solution.

The platform is part of Salesforce Health Cloud on the Salesforce AppExchange, the enterprise cloud marketplace where business can purchase cloud, mobile, social, IoT, analytics and artificial intelligence technologies.

"We’ve seen incredible momentum for our combined offering with Salesforce as health systems face rising competition and take steps to differentiate the experience they provide to their customers," Graham Gardner, CEO of Kyruus, said in a statement. "Having Salesforce join as an investor propels our ability to meet that market demand, build on the value we deliver together, and improve how patients access healthcare."

In July this year, Kyruus moved its headquarters from Back Bay to a new space in the Seaport. The office is home to around 130 employees, with the goal to increase headcount to 150 by the end of the year.


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