Kyruus Closes $30 Million From Francisco Partners

By Dan Anderson ● June 11, 2020
  • Kyruus — a leader in provider search and scheduling solutions for health systems — announced it has raised $30 million in a new round of funding from Francisco Partners

Kyruus — a leader in provider search and scheduling solutions for health systems — announced it has raised $30 million in a new round of funding from Francisco Partners. Francisco Partners is a leading global technology-focused private equity firm with extensive experience in healthcare IT.

This round of funding comes on the heels of a $42 million Series D round of funding that the company closed late last year. And at a time when the Kyruus platform has been critical to the ability for healthcare organizations to facilitate patient access during the COVID-19 pandemic, this round of funding will propel the company’s plans to expand its platform, broaden its health systems partnerships, and expand to new market segments.

Kyruus is known for pioneering the patient access category within healthcare IT and has maintained its market leadership with an experienced, mission-driven team, award-winning platform, premium partner network, and proven customer impact.

And Kyruus now serves 600 hospitals and over a quarter of a million healthcare providers across the US. Through its enterprise provider data management and patient access platform, Kyruus enables healthcare organizations to understand their care networks like never before. Plus it connect consumers with the right care via modern search and scheduling experiences.

Francisco Partners’ investment brings Kyruus’ total funding to over $155 million. And the firm’s Co-President Ezra Perlman — who focuses on investments in the healthcare IT sector — will serve on Kyruus’ Board of Directors, joining existing investors from Venrock, Highland Capital Partners, and Providence Ventures as well as industry veterans from Partners HealthCare and athenahealth.

Key Quotes:

“Kyruus exists to enable human beings to care for other human beings. We anchored our platform on the principle that healthcare organizations could better match patients to the right providers and care settings through a data-driven approach to routing and scheduling. This ability to connect patients to the appropriate care – across virtual and in-person appointments – has never been more critical. We are excited to work with the team at Francisco Partners to accelerate our impact through a range of strategic opportunities.”

– Graham Gardner, MD, Co-Founder and CEO of Kyruus

“Kyruus offers an unparalleled platform for enabling healthcare organizations to route patients to the right care options and streamline the access experience,” said . “At a time when major capacity constraints have converged with a rapid uptick in new care delivery methods, Kyruus is perfectly positioned to meet the industry’s evolving needs. We look forward to working with Graham and the rest of the Kyruus team to support the company’s ability to coordinate care for patients across the country.”

– Ezra Perlman