# NextHealth Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nexthealth-technologies

- Industry: Healthcare IT
- Headquarters: Denver, US
- Website: www.nexthealthtechnologies.com
- Total disclosed funding: $27M
- Latest round: Series B (Mar 3, 2019)
- Investors on record: 4

## About

NextHealth Technologies, Inc. is a digital solutions provider focused on enhancing business performance through innovative web services and advanced analytics, serving clients in various sectors.Founded in 2013 by Eric Grossman, NextHealth Technologies, Inc. is headquartered in Denver, US. The company specializes in digital solutions aimed at optimizing online presence for businesses. In June 2022, the company was acquired by Softheon Inc. as part of a growth strategy. The latest funding round, a Series B, raised USD 17.00 mn, led by TT Capital Partners, with participation from Blue Cross of Idaho and Norwest Venture Partners, marking a total of USD 17.00 mn raised across 4 deals.NextHealth Technologies, Inc. offers a comprehensive suite of digital solutions, including a content management system, advanced web hosting services, and customizable website development. These products are designed to optimize site speed, security, and user engagement for clients ranging from small businesses to e-commerce platforms, primarily in North America and Europe.The company generates revenue through a subscription-based model, allowing clients to access their digital services for a recurring fee. This model ensures predictable income streams and offers tiered pricing plans to meet varying customer needs. Key products include premium web hosting packages and advanced analytics tools, with transactions typically structured as annual subscriptions.NextHealth Technologies, Inc. is focused on leveraging its recent acquisition by Softheon Inc. to expand its business growth. The company is exploring new product launches and plans to enter additional geographic markets, details of which may be announced in the foreseeable future. The recent funding will support these initiatives, providing necessary resources for development and market expansion.

## Funding rounds

- Series B, Mar 3, 2019, $17M — Norwest Venture Partners, TT Capital Partners, Blue Cross of Idaho
- Series A, Aug 18, 2016, $8.5M — Norwest Venture Partners
- Seed, Aug 18, 2015, $1M — Point B Capital

## Investors

- Point B Capital (https://capitalatlas.ai/funds/point-b-capital) — Seed
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A, Series B
- TT Capital Partners — Series B
- Blue Cross of Idaho — Series B