# Live Chair

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/live-chair

- Industry: Healthcare IT
- Headquarters: Columbia, US
- Website: www.livechair.co
- Total disclosed funding: $4.9M
- Latest round: Seed (Jul 5, 2022)
- Investors on record: 6

## About

Live Chair Inc. is a technology company focused on creating innovative software solutions that enhance operational efficiency for enterprises across various sectors.Founded in 2016 by Andrew Suggs and Jahmal Rhaney, Live Chair Inc. is headquartered in Columbia, US. The company has engaged in 4 funding deals, with the most recent investment being a Seed round of USD 4.78 mn on July 5, 2022, led by Healthy Ventures, alongside participation from Designer Fund and Freesolo Ventures. The total amount raised by the company is USD 4.78 mn, with a current valuation of USD 14.973 mn.Live Chair Inc. specializes in advanced technology solutions that improve operational efficiency for mid-sized to large enterprises. Their product suite includes software applications that streamline workflows, enhance data management, and enable real-time communication. Targeting sectors such as finance, healthcare, and manufacturing, these solutions have been adopted across North America and Europe, addressing challenges in productivity and operational bottlenecks.The company employs a subscription-based revenue model, allowing clients to access their software solutions either monthly or annually. This approach not only ensures consistent revenue but also promotes long-term customer relationships. Revenue generation includes initial setup fees, training packages, and ongoing support services, facilitating a comprehensive user experience. Their flagship product is a cloud-based platform designed to meet the unique operational needs of various enterprises.In July 2022, Live Chair Inc. raised USD 4.78 mn in Seed funding to support their expansion into new markets, specifically targeting the southeastern and mid-Atlantic coasts of the US. This funding will be utilized to develop and launch new products aimed at enhancing their software offerings and increasing market reach.

## Funding rounds

- Seed, Jul 5, 2022, $4.8M — Designer Fund, Healthy Ventures, Freesolo Ventures
- Seed, Apr 29, 2021 — Healthworx
- Seed, May 22, 2020, $0.1M — Jumpstart Health Investors
- Seed, Jan 1, 2020 — Right Side Capital Management

## Investors

- Right Side Capital Management (https://capitalatlas.ai/funds/right-side-capital-management) — Seed
- Jumpstart Health Investors (https://capitalatlas.ai/funds/jumpstart-health-investors) — Seed
- Healthworx (https://capitalatlas.ai/funds/healthworx) — Seed
- Designer Fund (https://capitalatlas.ai/funds/designer-fund) — Seed
- Healthy Ventures (https://capitalatlas.ai/funds/healthy-ventures) — Seed
- Freesolo Ventures — Seed