# Mangrove Management Partners

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mangrove-management-partners

- Industry: Healthcare
- Headquarters: Lexington, US
- Website: www.mangrovemp.com
- Latest round: Series B (Oct 20, 2021)
- Investors on record: 2

## About

Mangrove Management Partners is a healthcare management firm dedicated to enhancing patient outcomes and improving healthcare delivery through innovative solutions and strategic partnerships.Founded in 2020, Mangrove Management Partners operates in Lexington, US, providing healthcare management solutions. The firm has completed 1 deal, with its most recent deal occurring on October 20, 2021. Mark Rowe serves as both Founder and CEO, leading the company toward its strategic objectives.Mangrove Management Partners specializes in delivering innovative solutions within the healthcare sector, focusing on enhancing patient outcomes and optimizing healthcare delivery. Their core offerings include foundational best practices, clinical trials management, data analytics, and care optimization strategies, designed to align the interests of various stakeholders in the healthcare ecosystem. The end-users of these services comprise leading physicians, healthcare institutions, and the communities they serve across various geographical markets. By leveraging investments in technology, infrastructure, and research, Mangrove Management Partners addresses critical challenges in healthcare delivery, enabling improvements in operational efficiency and patient satisfaction.Mangrove Management Partners generates revenue through strategic partnerships and direct collaborations with healthcare providers and institutions. The business model revolves around B2B transactions, engaging in multi-year contracts with hospitals and health systems for management solutions. Revenue is derived from the value delivered in terms of improved patient outcomes and operational efficiencies, which are critical metrics for their healthcare partners.In October 2021, Mangrove Management Partners raised an undisclosed amount in venture funding from NewSpring Capital and Wells Fargo Strategic Capital, with participation from individual investors. The company will utilize the funding to support its expansion across the Northeast. Future growth strategies include the design and launch of new products targeting specific healthcare challenges, with expansions into new geographical regions planned to enhance their market presence.

## Funding rounds

- Series B, Oct 20, 2021 — NewSpring, Wells Fargo Strategic Capital

## Investors

- NewSpring (https://capitalatlas.ai/funds/newspring) — Series B
- Wells Fargo Strategic Capital — Series B