# Apacheta

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apacheta

- Industry: Software
- Headquarters: Media, US
- Website: www.apacheta.com
- Total disclosed funding: $5.6M
- Latest round: Series B (Apr 24, 2007)
- Investors on record: 2

## About

Apacheta Corp. specializes in cloud-based software solutions for the home medical equipment and durable medical equipment sectors, enhancing operational efficiency and patient care through innovative technology.Founded in 2002, Apacheta Corp. operates from Media, US. The company focuses on delivering software solutions for home medical equipment and durable medical equipment providers. In December 2018, Brightree acquired Apacheta Corp. for undisclosed financial terms. The latest funding round was the Series B, amounting to USD 2.60 mn, led by Palisades Growth Capital, marking the total amount raised by the company to USD 2.60 mn across four deals, with the most recent deal dated December 17, 2018.Now branded as Brightree Mobile Delivery, Apacheta specializes in cloud-based software solutions for home medical and durable medical equipment providers. Their offerings include a mobile application framework designed to enhance efficiency and transparency, focusing on inventory management, patient resupply, and mobile delivery services, catering primarily to healthcare organizations across North America.Brightree generates revenue through subscription-based services that provide software tailored for home medical equipment, durable medical equipment, and pharmacy home infusion markets. Clients subscribe to various service packages, including billing and business management, revenue cycle management, and mobile delivery solutions. The revenue model relies on recurring transactions for access to essential software and support services.Following its acquisition in December 2018, Brightree plans to leverage Apacheta's solutions to expand its product offerings. The company is focusing on launching new features and enhancements for their software solutions to better serve the healthcare sector. Additionally, Brightree aims to enter new geographic markets across North America, targeting expansion by 2023. The recent Series B funding of USD 2.60 mn will be utilized to support these product developments and market expansion initiatives.

## Funding rounds

- Series B, Apr 24, 2007, $2.6M — Palisades Growth Capital
- Series B, Oct 4, 2005, $2M — Palisades Growth Capital
- Series A, Nov 23, 2004, $1M — Blacksmith Capital

## Investors

- Blacksmith Capital (https://capitalatlas.ai/funds/blacksmith-capital) — Series A
- Palisades Growth Capital (https://capitalatlas.ai/funds/palisades-growth-capital) — Series B