Louisville healthcare company attracts $9.5m investment


Louisville healthcare company attracts $9.5m investment

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SentryHealth, a Louisville-based healthcare company formerly known as Edumedics, has completed $9.5 million Series A financing.

The funding round was led by Lunsford Capital, a private investment company founded in Louisville by Bruce Lunsford, and was syndicated by a group of funds and angel investors.

Chicago-based OCA Ventures participated in the round, and their General Partner Bob Saunders is an observer to the company’s board of managers. Other participants included Chrysalis Ventures’ co-founder Doug Cobb, and Blue & Co. partners Dale Skaggs and Mike Stigler.

The company announced in December 2015 the closing of the first $4.2 million of the Series A. The latest addition of $5.3 million brings the total Series A to $9.5 million.

SentryHealth CEO Alice Shade said: “We are delighted to close this important capital raise, and to welcome Mr. Lunsford and Mr. Danehy to our board. SentryHealth will use the growth capital to accelerate our expansion into states beyond our core populations in the Midwest.”

Healthcare, Investment, SentryHealth, Edumedics, Alice Shade, US