CipherHealth, a leader in patient-centered communication solutions, announced that it has received a capital investment from Atalaya Capital Management in support of continued growth and expansion.
Since 2009, CipherHealth has been a leader in patient engagement. It offers a platform that enables patients and caregivers to connect through scalable and omnichannel communications. CipherHealth helps healthcare systems better understand all patients while providing personal, relevant, and actionable communications.
Atalaya Capital Management is a privately held alternative investment advisory firm. And Atalaya primarily focuses on making private credit and special opportunities investments in three principal asset classes: specialty finance, real estate, and corporate. Founded in 2006, Atalaya is based in New York City and has approximately $10.5 billion in assets under management.
The incremental capital raised from Atalaya will enable CipherHealth to continue investing in its industry-leading service across the healthcare continuum.
Lincoln International acted as exclusive financial advisor to CipherHealth, helping to arrange and negotiate the capital raise.
KEY QUOTES:
“We are excited to partner with Atalaya as we position our business for our next stage of growth. The investment will provide us with capital to support our ongoing strategic initiatives and improved delivery of care.“
– Jake Pyles, CEO of CipherHealth
“We are impressed by CipherHealth’s comprehensive offering and continuous product improvement as it strives to create better patient experience and outcomes. We are excited to contribute to CipherHealth’s continued success.“
– Mark Schachter, Managing Director at Atalaya
